1.4.2 Local financial start-up assistance

  • 1.4.2 Local financial start-up assistance


2022-2023

Grants: Entrepreneurship Center and Google -Training Entrepreneur Program

A new Corporation with Google Foundation with the Entrepreneurship Center in the Arab Academy for Science and Technology with total fund 100.000 € .
The Fund cover a training professional , the program  provided and organized from Entrepreneurship center to the Entrepreneurs inside the Arab Republic of Egypt, Saudi Arabia and United Arab Emirates.


Plz visit link Google global career excellence program 


 Google Training Entrepreneur Program on AASTMT webpage

Cooperation with KIT, The Karlsruhe Institute of Technology [2]

A joint cooperation and sponsorship agreement between the Entrepreneurship Center at the academy and KIT, The Karlsruhe Institute of Technology- TECHgrow program, the support provided to programs organized by the Entrepreneurship Center.

TECHgrow is a two-phase module, with the first phase taking place in the African partner country. Participants take part in a custom-made accelerator, which leads to a pitch event including a nomination in front of investors. The winners go on a soft landing trip to Germany as part of the second phase. 

Target group: Start-ups in the roll-out phase in the market


Cooperation with KIT on AASTMT webpage

Cooperation Between the Entrepreneurship Center and The Medium, Small And Micro Enterprise Development Authority (MSME)

The joint memorandum of Understanding – in 2022 and current till now - aims at supporting projects in the entrepreneurship sector during the coming years between the Entrepreneurship Center at the Academy and the authority for the development of medium, small and micro enterprises. The cooperation aims to discover the skills of students, develop their abilities, spread the culture of entrepreneurship, self-employment, qualify graduates and students of the university to establish and manage their projects successfully, as well as adopt innovative and creative ideas among young people, and encourage them to create new job opportunities for them; meet the needs of the current labor market, through the performance of several activities represented in the establishment of training courses, exhibitions, forums; for the development of entrepreneurial skills, workshops for innovation and creativity.

Encouraging young people to implement small projects based on innovative new ideas capable of competition organizing events that contribute to raising the capabilities of university students in the field of entrepreneurship, empowering young people for self-employment; in implementation of the state's directives and achieving the goals of sustainable development.

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Brief SummaryGrantEvidencesEvidence  
for each
DurationMemoranda/ Agreements/ Collaboration with Entrepreneurship Centre

To support emerging projects and entrepreneurs, and the Egypt Entrepreneurship Rally competitions7 Million EGPhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210491&event_type_id=12020-currentScholarships provided by the Industry Service Complex to students of the Institute of Technical and Vocational Studies
Lord International offering 5 students to study at the Institute of Technical and Vocational Studies at the Industrial Service Complex and obtain a technical Diploma in the Mechanics and Mechatronics programs.
Community anti-poverty initiatives
Partner

“Supply Chain & Ripple” Programs
100.000 EUROhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttp://Partner “Supply Chain & Ripple” Programs 100.000 EURO https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101328&event_type_id=1 2020-current Cooperation Agreement Between USAID Business Egypt2020-currentCooperation Agreement Between USAID Business Egypt

 Tourism Entrepreneurship Digital Program for Arab States (TED Arabs)Cooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101296&event_type_id=12022-currentCooperation Protocol with Arab Tourism Organization (ATO)

A cooperation protocol between the Academy of Scientific Research and Technology as it is the main partner in the competitions and activities organized by the Entrepreneurship CenterCooperation

https://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101304&event_type_id=12020-currentCooperation Protocol with Academy of Scientific Research and Technology
The program is a complete free scholarship targeting 20,000 trainees in the Middle East region. The program is launched in the first phase in three countries (the Arab Republic of Egypt - the Kingdom of Saudi Arabia - the United Arab Emirates) with the aim of qualifying them for the labor market and establishing their entrepreneurial projects through a group of courses and intensive courses in several fields, including, for example, tourism and event management, entrepreneurship and innovation, quality concepts, digital transformation, and how to start your startup.100.000 EUROhttps://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210551&event_type_id=12022-2023Google Career Excellence Scholarship:
 

Advance Your

Career
It aims to provide institutional and technical support to innovators and entrepreneurs to develop innovations that support people with disabilities and special needs in their various forms, and to support entrepreneurs with disabilities to establish their pioneering projects.2.350.000 EGPhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101265&event_type_id=12022-currentProtocol for cooperation between the Entrepreneurship Center and the Ministry of Planning and Economic Development
 

Goodwill Incubator

(for people with disabilities)
Technical support that the Center will provide to the winners of the entrepreneurs and owners of emerging companies within the “Rally” competition for the year 2022.

Cooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210531&event_type_id=12021-2023

Industrial Modernisation Center IMC
Sponsoring the Arab Rally entrepreneurship Competition, providing financial prizes and providing investment opportunities for startupsCooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210571&event_type_id=12018-currentThe Bahrain Chamber of Commerce and Industry, and the United Nations Industrial Development Organization (UNIDO)
To support emerging projects and entrepreneursCooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101307&event_type_id=12022-currentEgyptian Micro, Small and Medium Enterprises Development Agency
A cooperation agreement to establish an agricultural business incubator in southern EgyptCooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210541&event_type_id=12021-currentTanimia w Tatwer Incubator for Agribusiness in Upper Egypt, in cooperation with Egyptian Academy of Scientific Research and funded by the African Development Bank.


  
Brief SummaryGrant

Evidence 1Evidence 2DurationMemoranda/ Agreements/ Collaboration with Entrepreneurship Centre
Cooperation Agreement in thefield of supporting entrepreneurs and specialized incubatorsCooperationhttps://aast.edu/en/centers/Entrepreneurship/partners.phphttps://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210511&event_type_id=1
2021-current
Cooperation Agreement between

the Federation of Egyptian-European Business Associations (CEEBA) and Entrepreneurship Centre
A joint cooperation and sponsorship agreement between the Entrepreneurship Center at the academy and KIT, The Karlsruhe Institute of Technology- TECHgrow program ,  the support provided to programs organized by the Entrepreneurship Center.
Cooperation
https://aast.edu/en/centers/Entrepreneurship/contenttemp.php?page_id=48200318
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101330&event_type_id=1
2022-2023
KIT - the Karlsruhe Institute of Technology and its Techgrow program and is implemented in cooperation with GIZ Egypt.
TED Arabs is an initiative supported by AFTIAS, aiming at boosting employabilit, job creation and innovation in the tourism sector in the Arab region, the initiative
250.000 US $
https://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101310&event_type_id=1
2022-current
Tourism Entrepreneurship Digital Program for Arab States (TED Arabs)
The cooperation includes the programs provided by the Fund to support a number of brilliant students through the scholarship program for innovative and brilliant students
yes
https://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101312&event_type_id=1
2022-current
Innovators’ Support Fund at the Ministry of Higher Education
Technical support, mentorship and consultation for startups incubated in the Supply Chains and Logistics Incubator at the Arab Academy.
Cooperation
https://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=486101345&event_type_id=1
2022-current
Ghabbour Group of Companies

International Trade, Marketing and Commercial Agencies Company “Aitamco”
Henkel Egypt Company for Industry and Trade
Memorandum of understanding between the Entrepreneurship Center and the Supply Chain Professionals Development Foundation for Logistics Services
Supply Chain Programme
yes
https://aast.edu/en/centers/Entrepreneurship/partners.php
https://aast.edu/en/centers/Entrepreneurship/news-details.php?language=1&view=1&unit_id=482&news_id=48210641&event_type_id=1
2022-current
Obeikan
Digital Solutions Company
Supply Chain Programme
 Cooperation
https://aast.edu/en/centers/Entrepreneurship/partners.php


DHL Company
Supply Chain Programme
 Cooperation
https://aast.edu/en/centers/Entrepreneurship/partners.php


Company Aramex
Supply Chain Programme
 Cooperation
https://aast.edu/en/centers/Entrepreneurship/partners.php


Association of Supply Chain Professionals (ASCP)

Scholarships provided by the Industry Service Complex to students of the Institute of Technical and Vocational Studies

Lord International offering 5 students to study at the Institute of Technical and Vocational Studies at the Industrial Service Complex and obtain a technical Diploma in the Mechanics and Mechatronics programs.

Encouraging young people to implement small projects based on innovative new ideas capable of competition organizing events that contribute to raising the capabilities of university students in the field of entrepreneurship, empowering young people for self-employment; in implementation of the state's directives and achieving the goals of sustainable development.

Community anti-poverty initiatives

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2021-2022

1.4.2 Local financial start-up assistance

Cooperation Agreement between Entrepreneurship Center- AASTMT And National Bank of Egypt 

The National Bank of Egypt signed a memorandum of understanding with the Arab Academy for Science, Technology and Maritime Transport to support, finance and build the capacities of young people, entrepreneurs, and innovators to establish start-up companies. To support emerging projects and entrepreneurs, and the Egypt Entrepreneurship Rally competitions. The Agreement includes a Grant with a total amount of 5 million Egyptian Pounds, for the sponsorship of the National Bank of Egypt as the main partner for all events of the entrepreneurship competition Egypt Rally during its current and upcoming years

A cooperation Agreement Entrepreneurship Center- AASTMT and National Bank of Egypt on AASTMT webpage

Cooperation Agreement Between Entrepreneurship Center- AASTMT & USAID

Based on the U.S. government's support for entrepreneurship in Egypt in general and as part of the U.S. Embassy's long-standing commitment to economic development in Egypt, the U.S. Agency for International Development (USAID) has agreed with the Center for Entrepreneurship at the academy to adopt and launch several programs aimed at providing training, guidance, and guidance to entrepreneurs.

This new program builds on a long and successful partnership between USAID and the Arab Academy for Science, technology, and maritime transport that helped establish and furnish three business incubators to help train entrepreneurs.

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The cooperation between AAST & USAID on AASTMT webpage

Cooperation Between the Entrepreneurship Center and The Medium, Small And Micro Enterprise Development Authority (MSME) 

A joint memorandum of Understanding aimed at supporting projects in the entrepreneurship sector during the coming years between the Entrepreneurship Center at the academy and the authority for the development of medium, small and micro enterprises. The cooperation aims to discover the skills of students, develop their abilities, spread the culture of entrepreneurship, self-employment, qualify graduates and students of the university to establish and manage their projects successfully, as well as adopt innovative and creative ideas among young people, and encourage them to create new job opportunities for them; meet the needs of the current labor market, through the performance of several activities represented in the establishment of training courses, exhibitions, forums; for the development of entrepreneurial skills, workshops for innovation and creativity.

Encouraging young people to implement small projects based on innovative new ideas capable of competition organizing events that contribute to raising the capabilities of university students in the field of entrepreneurship, empowering young people for self-employment; in implementation of the state's directives and achieving the goals of sustainable development.

Cooperation between the Entrepreneurship Center and the Medium, Small and Micro Enterprise Development Authority (MSME)

on AASTMT webpage

Community anti-poverty initiatives
Campaign to protect the poor and workers from rain and cold (distribution of tiles and socks) (December 1-7, 2021)

The members of Academy Kher CLC charity society at the College of Language & Communication, Alexandria made an initiative to protect the workers and the needy on the streets from the rain and the cold from the 1st to the 7th of December 2021. Thus, they distributed more than 70 waterproof coats and cotton socks to street workers in different districts across Alexandria.

Visiting Dar Al-Tayseer for orphans and making donations to the House of Mawaddah and Mercy (December 21, 2021) 

Several volunteers from Academy Kher CLC charity society at the College of Language & Communication, Alexandria made a visit to Al-Tayseer Orphanage in ElMandara on the 21st of December 2021. They also delivered donations of food and other needed things to the same orphanage, as well as Al Mawda Wal Rahma orphanage in Miami, Alexandria.


Academy kher CLC visit on Facebook

Academy Kher CLC on Facebook