9.3.1 Number of University Spin-Offs

  • 9.3.1 Number of University Spin-Offs

AASTMT established its Entrepreneurship Center “EC-AASTMT” in 2015, with the objective of empowering youth to drive the realization of sustainable economic growth in the region. The Center’s works “to be the regional hub that empowers youth, supports startups and businesses throughout the Arab region and Africa”, with the aim to build a generation of youth entrepreneurs and change agents to positively impact the social and economic conditions of Arab economies by enabling environment for growth, which stimulates innovative initiatives and private business functioning through utilizing the resources of the Arab Academy and its extended network.

AASTEC prepared a clear strategy for supporting Egyptian, Arab startups, entrepreneurs and university students, throughout its different programs, that serves not only AAST Community: undergraduate, postgraduate, Alumni, but also, for the youth, entrepreneurs and startups in Egypt and the region.

The strategy aims at building & connecting a healthy ecosystem for entrepreneurship in the Arab, African region and the Egyptian governorates and local communities with the promising youth to help establish robust region and Egypt’s development. Also, the policy developed aimed to support the efforts of the Arab Academy towards transforming into an entrepreneurial university, for that reason AAST established a specialized academy to support startups namely “AAST Startups School”.

Metric & Indicator Reference

Metric / Indicator

Value

9.3.1

Number of university spin offs

21

Spinoffs is a technology-based company formed to commercialize inventions made at the Ec-AASTMT, directly created from the research and program at EC-AASTMT.

Defined as register companies set up to exploit intellectual property that has originated from EC-AASTMT.

Spin-Offs EC-AASTMT Site View All  At Spin-offs EC-AASTMT Site