| Project Detail |
The sustainable, inclusive economic growth foreseen by Egypt Vision 2030 will depend on the ability of Egypt’s private enterprises to grow, create jobs, and adapt to market changes without donor support. Egypt’s private sector can recover successfully from pandemic-inflicted economic damage and make major strides toward sustainable growth with support from the U.S. Agency for International Development’s Business Egypt activity.
Business Egypt is building a robust ecosystem of market-led institutions—incubators, accelerators, business service providers, financial institutions, youth and women’s networks, business associations, public-private forums, one-stop shops—working in harmony to create long-term jobs, and a more resilient private sector. Business Egypt aims to substantially increase sales revenues and investments among Egyptian micro, small, and medium-sized enterprises (MSMEs), thereby creating new job opportunities, especially for women and youth. The result will be the creation of thousands of new jobs, particularly in our proposed value chains: solar power, processed fruits and vegetables, information technology services, ready-made garments, and automotive supply.
DAI’s implementation approach makes maximum use of Egyptian resources. The bulk of technical implementation will be carried out by our three Egyptian partners—Acumen Consulting, N Gage Consulting, and the American University of Cairo Center for Entrepreneurship and Innovation—while DAI will provide technical direction, management, capacity building, and information systems support. |
