The Arab Academy for Science, Technology, and Maritime Transport (AASTMT) has recently forged a memorandum of understanding (MoU) with the Egyptian Agricultural Bank and Matrouh Governorate to offer full scholarships to 47 deserving students from the region. Under this collaborative initiative, these students will have the opportunity to enroll at AASTMT, with all associated costs being jointly covered by the bank and the academy. In addition to financial support, the Egyptian Agricultural Bank will play a crucial role in ensuring food security for these students throughout their period of study. Recognizing the importance of practical training and real-world experience, AASTMT has also partnered with Halwany Brothers, a leading company, to provide both theoretical and practical training to the students. This strategic collaboration aims to foster the exchange of knowledge and skills, offering a high-quality education to the students from Matrouh Governorate and equipping them with the necessary tools for future success in their respective fields. Through this MoU, AASTMT, the Egyptian Agricultural Bank, and Halwany Brothers are collectively working towards empowering and supporting the education and development of talented individuals from the region.
The Agribusiness Incubator's training camp in Upper Egypt, which is part of a development project, plays a crucial role in enhancing access to food security knowledge. This program is being implemented by the entrepreneurship center of the Arab Academy for Science and Technology in collaboration with the Academy of Scientific Research and Technology. It is funded by the Danish-Arab Partnership Program and managed by the African Bank for Development.
The event commenced with a comprehensive presentation of the participating projects, totaling 21 projects covering various aspects of agribusiness. The training focused on key aspects such as developing a successful business model for each project and determining its proposed value. Moreover, participants engaged in group work and received individual guidance and mentorship tailored to their specific projects.
The incubated companies had the opportunity to showcase their projects to a distinguished committee of consultants and trainers. They received training on effectively presenting their companies to potential investors in a professional and persuasive manner. This aspect of the event is instrumental in assisting the participating entrepreneurs in attracting investment and securing the resources necessary for the successful execution of their agribusiness ventures. Overall, the training camp serves as a vital platform for knowledge exchange, skill development, and networking, ultimately supporting the advancement of food security initiatives in the region.
Memorandum of understanding (MoU) between The Arab Academy for Science, Technology, and Maritime Transport (AASTMT) and Egyptian Agricultural Bank and a Memorandum of understanding (MoU) between The Arab Academy for Science, Technology, and Maritime Transport (AASTMT) with Halwany Brothers
Agreements & International Cooperation Center (AICC)
Matrouh Governorate signs an agreement with the Arab Academy and the Agricultural Bank on AL MASRY AL YOUM news page
Tanmia Wa Tatweer, Agribusiness Incubator
TWT - Tanmia Wa Tatweer, Agribusiness Incubator- Training Camp