(5 minutes read)
· Egypt’s Innovation Center project costing LE 15 million will be set up at the Ain Shams University during fiscal year 2020-21
· The approval of the project was announced by Minister of Planning and Economic Development Hala El-Said, stressing that innovation and creativity are essential components of the national agenda for sustainable development and Egypt Vision 2030
Egypt’s Innovation Center project costing LE 15 million will be set up at the Ain Shams University during fiscal year 2020-21. The approval of the project was announced by Minister of Planning and Economic Development Hala El-Said, stressing that innovation and creativity are essential components of the national agenda for sustainable development and Egypt Vision 2030.
The minister said that Egypt is giving foremost attention to the transformation into a knowledge economy and in creating critical infrastructure to move towards that goal. Therefore, this objective is woven into Egypt’s various economic, social and environmental development policies and programs. The state is providing full support for entrepreneurship and incubators to stimulate innovation and creativity, with the aim of promoting youth empowerment.
Projects developed by young Egyptians studying at local universities successfully took part in the competition, with three applicants winning the top prizes. The winning projects represent examples of young Egyptians who have achieved excellence, creativity and innovation. The minister stressed that Egypt is now providing education based on skills development and knowledge, creativity and innovation enhancement.
