The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has teamed up with Entlaq, a powerhouse in entrepreneurship support, to ignite Egypt’s a thriving entrepreneurial ecosystem where startups and small businesses can flourish, and aspiring entrepreneurs can turn their ideas into reality. The partnership is focused on the Enterprise Development Law No. 152 of 2020. The MoU was signed by Raafat Abbas, Deputy CEO of MSMEDA, and Mohamed Ehab, CEO of Entlaq.
Rahmi emphasized MSMEDA’s unwavering commitment to fostering entrepreneurship and providing a supportive ecosystem for growth. This initiative aligns with the government’s directives to comprehensively support MSMEs, particularly those that drive innovation and hold significant economic potential. Rahmi highlighted that the collaboration with Entlaq will specifically focus on implementing the Enterprise Development Law No. 152 of 2020, particularly in relation to entrepreneurship and innovative projects.
“We’re turning Egypt into a hotbed of entrepreneurship,” CEO of Entlaq, Mohamed Ehab said, adding that”By providing the right support and advocating for policies that favor startups, we’re paving the way for a new generation of Egyptian innovators.”
This partnership is more than just a business deal. It’s a commitment to Egypt’s future, a belief in the power of entrepreneurship to drive economic growth and create a better tomorrow. With MSMEDA and Entlaq leading the charge, the sky’s the limit for Egypt’s entrepreneurial spirit.
