ExxonMobil Egypt, Misr El Kheir celebrate 4 teams graduating from the energy, environment social challenge

Egypt and Misr El Kheir Foundation (MEK) celebrated the graduation of four finalist teams in the Energy and Environment Social Challenge as part of ExxonMobil Egypt’s community investment focusing on youth development and entrepreneurship, ExxonMobil said in a statement.

The social challenge, held in cooperation with the business incubator “GESR”, affiliated to MEK and promoting innovation and entrepreneurship, aims to transform viable and socially impactful ideas into tangible prototypes ready to be made available in the market, to create innovative solutions to social challenges across the environment and energy sectors.

It provides participating teams with an integrated ecosystem that ensures the transformation of entrepreneurial technology-based ideas into tangible prototypes that provide innovative products or solutions, by offering all forms of essential support whether technical, training and mentoring through the transfer of expertise and knowledge, as well as financial support to fund the projects.

Expressing delight for the successful ending of the program’s first round, Youssef Hafez, Board Member, Public & Government Affairs Manager of ExxonMobil Egypt, said “We pride ourselves as we join forces with GESR Misr El Kheir program to celebrate the graduation of four finalist teams that provided effective solutions, in energy and environment sectors, based on entrepreneurial knowledge and innovation. As a result of this success, we look forward to extending our cooperation in this program to launch a new round of the competition in the coming period.”

“This cooperation fulfills our vision in community investment, focusing on youth development by promoting innovation and building entrepreneurship skills and providing solutions to environment and energy challenges,” Hafez added.