The robust startup community in Egypt is celebrating the global week of entrepreneurship. For the tenth year in a row, the U.S. Embassy in Cairo along with the U.S. Consulate General in Alexandria have launched together with the Egyptian edition of the Global Entrepreneurship Week (GEW).
During the GEW and throughout the whole month of November, the American Center in Cairo (ACC) will conduct numerous activities to encourage entrepreneurship among Egyptian youth, including workshops, discussions, lectures at the Embassy premises. The event is spread through the whole country, including the towns of Qena, Luxor, and Aswan.
Many prominent business leaders, politicians, entrepreneurs, business development coaches, and Embassy exchange program alumni have joined the event to spread their knowledge and inspire others. The sessions feature a wide variety of topics, including lean entrepreneurship, marketing for entrepreneurs, maker technologies and simulations, skills for career growth, and more. Although the concept of starting one’s own business is an inevitable part of the everyday agenda of the American Center in Cairo, it culminates every year in November, during the traditional GEW celebrations.
According to Chargé d’Affaires Thomas Goldberger, the startup scene in Egypt has been blooming for the past few years. Hundreds of young people established their businesses in the country, and many of them also received international recognition. Goldberger also stated that the U.S. Embassy has always been committed to helping young entrepreneurs unleash their full potential. The diplomatic mission is a long-time sponsor of numerous initiatives promoting entrepreneurship and startups, including the RiseUp and Techne summits, and many mentorship programs.
In addition to that, the Embassy often serves as a liaison between the Silicon Valley and local entrepreneurs. It works closely with US partners and fosters Egyptian small business development through several exchange programs overseas.