Sohag (Southern Egypt) – Hundreds of Egyptian entrepreneurs gathered yesterday in Sohag to participate in a summit hosted by Markade LLC, the U.S. Agency for International Development (USAID), and the Ministry of Trade and Industry, a statement by US embassy in Cairo said on Thursday.
The statement added: Through workshops, panel discussions, and success stories from the local community, the event raised awareness on the need for more entrepreneurship in Upper Egypt. It also discussed ways to build the capacity of Sohag’s youth to become successful entrepreneurs.
This summit in Sohag was the second in a series of three joint U.S.-Egypt public events in Upper Egypt aimed towards linking potential future entrepreneurs with successful investors and experienced mentors. Along with events in Assiut and Aswan, yesterday’s summit in Sohag brought together Upper Egypt youth to learn about business development services, market information, and linkage opportunities available in Egypt’s entrepreneur network.
According to the US embassy in Cairo, all of the above initiatives are part of USAID’s project to strengthen entrepreneurship and enterprise development (SEED) in Egypt. In cooperation with the Ministry of Trade and Industry, USAID supports the growth and expansion of start-ups and micro, small, and medium enterprises.