1.4.2 Local financial start-up assistance

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.

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