After a year of NilePreneurs initiative, what accomplished so far?

After a year of NilePreneurs initiative, what accomplished so far?

The Central Bank of Egypt (CBE) and the Nile University on Wednesday celebrated the first anniversary of the NilePreneurs initiative to finance and support entrepreneurs in Egypt.. The CBE had signed a 5-year agreement with the Nile University to launch the initiative with the aim of encouraging entrepreneurship, small and emerging projects, and empowering young people, in integration with the government's orientation towards sustainable development.. During its first year, the initiative opened 28 business development centres covering 15 governorates, incubated 85 companies, and created 4 design houses in 4 universities: Nile University, Ain Shams University, Arab Academy for Science, Technology & Maritime Transport, and Al-Azhar University in Qena.. El Tahri said the NilePreneurs succeeded in producing cadres of business leaders, and proved Egypt has promising youth and innovative ideas.. "The initiative's results make us proud of our young people and our capabilities, especially as those in charge of the initiative relied entirely on their skills with no external aid," she added.. The participants in the initiative cooperated in identifying the problems it faces and working to solve them, El Tahri said, noting that building on the success of some of us can solve problems faster and more accurately.. The proposed