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Egypt’s Entrepreneurs featured in the Washington Times

Egypt’s Entrepreneurs featured in the Washington Times

Egypt’s core asset and main engine of growth is its youth. Its total population of more than 92 million is characterized by a demographic youth bulge, with a young median age of 23.8 years, compared to 37.9 in United States and 46.8 in Germany.

Tapping on these underutilized resources is critical for unleashing Egypt’s vast potential. Attaining high economic growth and creating jobs through efficient utilization of Egypt’s young human capital requires the transition from an efficiency-driven economy towards a more innovation one. This ambitious aim is based on strong fundamentals that currently exist in Egypt, which necessitate the political will that advances the right economic reforms, and creates a conducive environment with more efficient labor and financial markets, and more conducive frameworks — key ingredients that Egypt currently is heading toward.

Tech-savvy entrepreneurs and their startups focus on growth potential and consider innovation as the main driver of their ventures. On the other hand, large and long-existing corporations generally focus on profitability and long-term stability, with innovation playing a less important role.

Dr. Sahar Nasr

Egyptian Minister, International Cooperation

Want to check out more details of Egypt’s Entrepreneurs?

Recall Egypt Entrepreneurship Summit 2016
Photo Gallery: 2016 Egypt Entrepreneurship Summit

Photo Gallery: 2016 Egypt Entrepreneurship Summit

The Egypt Entrepreneurship Summit 2016 was a three day event, with parallel sessions, keynote speakers and a unique social program. Participants discussed what is happening in Egypt’s Entrepreneurship Ecosystem, and the event was featured on an Egyptian National News broadcast. Great work by @EgyptGEW @Tatweer_Misr and other stakeholders.

The photo gallery below includes images posted to social media. Thanks to @EgyptGEW, @elbeihw, @NahdetMahrousa, @Tatweer_Misr, @Dr_Samar_Baqer, @SherineCairo

Dreaming Together in Egypt

Dreaming Together in Egypt

A piece written by Dr. Ayman El Tarabishy, Executive Director, ICSB

Dr. Ki-Chan Kim, President of ICSB welcomed delegates to the 1st Social Entrepreneurship Conference held in Gouna, Egypt with a simple question. When do you start living? Delegates sat silent, confused with this question.

Why does a President of an international organization like ICSB ask a very strange and yet difficult question? We start living when we are born seems like the most logical answer.

Dr. Kichan quickly added, we start living when we start dreaming. He then further added that dreaming alone is just a dream, dreaming together it becomes a reality.

Dreamers, representing various sectors of the Egyptian community, came together to make one dream a reality. With this, the 1st Social Entrepreneurship conference was a reality.

This was the first social entrepreneurship conference ever held in Egypt. The conference is part of a wide range of activities during Global Entrepreneurship Week 2015, the world’s largest celebration of innovators and job creators.

The conference was organized by the International Labor Organization (“ILO”) and in partnership with the MCSBE, an ICSB affiliate, and Nile University with its Social Entrepreneurs Club.

The main pillars for the parallel sessions were divided into four sections as following:

  • A Conceptual and Definitional perspective of Social Entrepreneurship: introduction of the international definitions, the ILO definition, and the Social Enterprises Legislative Frameworks.
  • The Social Entrepreneurship Education and Training: presentation and demonstration of the ILO tools. ILO’s tools targets to reach social enterprises not only to improve the sustainability of their business but link them with opportunities for further support and market access.
  • The Social Finance: presentation of the Social Finance Values, the ILO Social Finance tools, and the ILO work in the field.
  • The Regional and International Best Practices: introduction of the Nile University’s work in Egypt, the George Washington University, and Social Economy & Local Community Development in different countries.

Speakers from the ICSB community included Dr. Tony Mendes, Immediate Past President of the ICSB USA affiliate (USASBE); Dr. Paul Swiercz, professor at the George Washington University, Dr. Paul Reynolds, and NGOs like SEKEM, and Nahdat Al Mahrousa.

To view complete slides and pictures, please visit the site: http://seconferenceegypt.org/

Engaging the Youth of Egypt

Engaging the Youth of Egypt

A piece written by Dr. Ayman El Tarabishy, Executive Director, ICSB

“So, which is more difficult? Being an entrepreneur or a leader?”

This is one of the questions asked by students from Nile University to Dr. Tony Mendes, immediate Past-President of the ICSB USA affiliate (USASBE), and Dr. KiChan Kim, President of ICSB.

In the courtyard of the Marriot Hotel in Cairo and over mint tea, discussions flowed between the students and ICSB leadership. Energy and enthusiasm were present, and curiosity perpetuated as Dr. Mendes shared his views about the topics.

His answer? “Being an entrepreneur is more difficult. Not only does an entrepreneur need to lead, but he/she also needs to innovate and find opportunities.”

Dr. Swiercz also chimed in with an interesting observation, “why, in Egypt, do most young people state that they have “Big Problems”?” Could they not know that “Big Problems” also mean “Big Opportunities?”

With that question, lingering in the minds of those gathered in that courtyard, Dr. KiChan Kim asked the students to explain the Suez Canal and its impact. His intentions were to showcase that entrepreneurship in Egypt needs more ambitious ideas like the Suez Canal.

On the topic of the Suez Canal, did you know that the Statue of Liberty was originally intended for the Suez canal?

As the Suez Canal neared completion in 1869, French sculptor Frédéric-Auguste Bartholdi tried to convince Ferdinand de Lesseps and the Egyptian government to let him build a sculpture called “Egypt Bringing Light to Asia,” at its Mediterranean entrance. Inspired by the ancient Colossus of Rhodes, Bartholdi envisioned a 90-foot-tall statue of a woman clothed in Egyptian peasant robes and holding a massive torch, which would also serve as a lighthouse to guide ships into the canal.

The project never materialized, but Bartholdi continued shopping the idea for his statue, and in 1886 he finally unveiled a completed version in New York Harbor. Officially called “Liberty Enlightening the World,” the monument has since become better known as the Statue of Liberty.

The world is interconnected – even in ways that many would not suspect – and with that anecdote in mind, it is up to the Egyptian youth to make it even more connected!

Job Posting: Assistant Professor of Entrepreneurship at UAEU

Job Posting: Assistant Professor of Entrepreneurship at UAEU

Assistant Professor of Entrepreneurship
(Position #304470)

The United Arab Emirates University (UAEU) invites applications for a faculty position in entrepreneurship within the College of Business and Economics (CBE). The CBE has been accredited by AACSB since 2000. Candidates are expected to have:

  • a strong commitment to teaching excellence and student advising at the undergraduate and graduate levels;
  • a demonstrable research capability that will enable the candidate to develop and sustain an internally and/or externally funded research program in his/her area of expertise that will result in publishing his/her research findings in refereed journals; and
  • the ability to actively engage in promoting the growth of the Business Administration program and the CBE at the UAEU through personal outreach and outreach with students to small and entrepreneurial firms as well as larger entrepreneurial organizations.

The application package should include (1) a cover letter, (2) a detailed resume, (3) names of at least three references with contact information, (4) research statement, (5) teaching statement that includes a list of courses taught, and (6) outreach statement detailing previous work individually or with students in support of entrepreneurship in the community and region and/or academic profession and how this experience might be used to build a program at UAEU. English is the language of instruction and communication within the CBE.

A generous benefits package is offered to successful applicants, which includes a competitive tax-free salary that is determined according to rank and experience, yearly round-trip air tickets for the faculty member and his/her family (spouse and up to three children), tuition support for children’s schooling, a one-time settling-in allowance, free housing accommodation, free health care insurance, paid holidays and summer vacation, and an end-of-contract gratuity. The University also offers an engaging research environment and provides opportunities for financial support for research. Research funding can also be sought from national foundations in the UAE.

To apply, visit UAEU’s website https://jobs.uaeu.ac.ae and attach all the required documents to the website.

Minimum Qualifications: Applicants must have a Ph.D. or a doctorate degree in entrepreneurship, or in a related field, preferably from an AACSB-accredited school. Candidates should also have research and outreach experience in the area of entrepreneurship and the ability to teach undergraduate and graduate entrepreneurship courses. All candidates that expect to obtain their Ph.D. or doctorate degree prior to Fall 2016 are welcome to apply.

Preferred Qualification: Candidates with teaching interests in the areas of strategic management along with entrepreneurship and innovation are especially encouraged to apply.

Rank/Experience/Skill Set: Qualified candidates at the rank of assistant professor will be considered. Candidates must be active researchers and have a strong record of scholarly excellence. Applicants should have a Ph.D. or a doctorate (granted or nearly completed), a thorough knowledge of entrepreneurship theory and practice, a commitment to applied research, and a commitment to community and regional outreach individually or with students to promote entrepreneurial activities. Faculty members are expected to advise students; provide service to the university, college, department, and community; and conduct research and publish in their fields.

>> Click here to view the PDF version of this announcement

The 1st Social Entrepreneurship Knowledge Sharing Conference El Gouna, Red Sea , Egypt November 19 to 21, 2015

The 1st Social Entrepreneurship Knowledge Sharing Conference El Gouna, Red Sea , Egypt November 19 to 21, 2015

The 1st Social Entrepreneurship Knowledge Sharing Conference
El Gouna, Red Sea Governorate, Egypt
November 19 to 21, 2015

Website: http://www.seconferenceegypt.org/

The ILO/Canada Decent Jobs for Egypt’s Young People (DJEP) Project plans to celebrate the Global Entrepreneurship Week (GEW) in cooperation with the Middle East Council for Small Business and Entrepreneurship (MCSBE) official host of the Global Entrepreneurship Week in Egypt with Social Entrepreneurship as the theme for 2015. The plan is to organize a set of activities such as: Best Business Plan Competition, Best Idea Competition, Information Sessions, and Lectures in at Higher and Secondary Level Education institutions in different Governorates within Egypt.

Within this framework the ILO/Canada “Decent Jobs for Egypt’s Young People” Project & MCSBE , have the pleasure and honour to invite you to participate in the above mentioned Conference in Gouna, Egypt. The Conference will be held in the Gouna Campus of Technische Universität Berlin from November 19 to 21, 2015. The expected number to participate to the Conference is around 200 persons from different nationalities and walks of life i.e. entrepreneurs, academia, policy makers, students, etc.

The conference will be organized by the ILO DJEP project during the GEW 2015 in partnership with the MCSBE as the ICSB affiliate and Nile University with its Social Entrepreneurs Club. The main pillars for the parallel sessions are as follows:
– A Conceptual and Definitional perspective of Social Entrepreneurship: introduction of the international definitions, the ILO definition, and the Social Enterprises Legislative Frameworks.
– The Social Entrepreneurship Education and Training: presentation and demonstration of the ILO tools. ILO’s tools targets to reach social enterprises not only to improve the sustainability of their business but link them with opportunities for further support and market access.
– The Social Finance: presentation of the Social Finance Values, the ILO Social Finance tools, and the ILO work in the field.
– The Regional and International Best Practices: introduction of the Nile University’s work in Egypt, the George Washington University, and Social Economy & Local Community Development in different countries.
The four pillars will be shown in details in the Programme of the Conference.

The Conference package covers 3 nights and 4 days: the arrival date is November 18 and the departure date is November 21, 2015. To register and know more about the Conference package, please visit the Conference website: http://www.seconferenceegypt.org/

We look forward to welcoming you in Egypt in general and at the Conference in particular.

Thank you

Best Regards,

Ahmed Osman
President
The Middle East Council for Small Business & Entrepreurship (MCSBE)
Official Host of The Global Entrpreneurship Week in Egypt