Egypt’s Ministry of International Cooperation and the U.S. Agency for International Development (USAID) has launched a new program to support entrepreneurship that works to curb the effects of climate change, as part of the Youth Entrepreneurs Network (YEN).
The program provides integrated support for entrepreneurs via training, incubation programs, and accelerators, and also provides an opportunity for distinguished projects to be presented at the UN Climate Change Conference 2022 (COP27), while offering support in transforming ideas into tangible on-ground projects, according to a statement released by the Ministry of International Cooperation.
In her remarks, Al-Mashat expressed that climate action is a top priority on a global and national level and that the participation of youth with innovative ideas and pioneering projects can positively impact the approach to climate action, through adaptation and mitigation projects.
On the other hand, USAID emphasized its keenness to work and collaborate with the Government of Egypt and the private sector to promote climate action projects and provide development financing for implementing green projects.
With over 1000 having already applied, registration is open until July 2 for ideas: https://bit.ly/3GV7NJA and for startups: https://bit.ly/3ml7w9e.