ExxonMobil Egypt, Misr El Kheir celebrate four teams graduating from the Energy and Environment Social Challenge promoting innovation and entrepreneurship

ExxonMobil Egypt, Misr El Kheir celebrate four teams graduating from the Energy and Environment Social Challenge promoting innovation and entrepreneurship

Cairo: – ExxonMobil Egypt and Misr El Kheir Foundation (MEK) celebrated the graduation of four finalist teams in the Energy and Environment Social Challenge. The social challenge, held in cooperation with the business incubator "GESR", affiliated to MEK and promoting innovation and entrepreneurship, aims to transform viable and socially impactful ideas into tangible prototypes ready to be made available in the market, to create innovative solutions to social challenges across the environment and energy sectors.

The collaboration comes as part of ExxonMobil Egypt's community investment, which focuses on youth, developing their innovation and entrepreneurship skills, specifically to address challenges related to energy and environment, in line with Egypt’s 2030 sustainable development vision.

The Social Challenge provides participating teams with an integrated ecosystem that ensures the transformation of entrepreneurial technology-based ideas into tangible prototypes that provide innovative products or solutions, by offering all forms of essential support whether technical, training and mentoring through the transfer of expertise and knowledge, as well as financial support to fund the projects.

Upon receiving various entrepreneurial ideas from the applicants, some ideas that met the criteria set for the program were selected. The applicants attended training sessions that covered technical and commercial aspects including; marketing, business model design,