Rise Up Egypt! First entrepreneurship summit to be held in Egypt
The Rise Up Egypt Summit, the first home-grown summit by Egyptian entrepreneurs for Egyptian entrepreneurs, will be held on November 24th and 25th, at the newly launched The GrEEK Campus in Downtown Cairo.
Founder of the event, entrepreneur Abdelhamid Sharara, collaborated with several influential organizations including Injaz-Egypt, Flat6labs, Endeavor Egypt, MIT Enterprise Forum, Cairo Angels, AUC EIP, CultArk, and Mercy Corps Egypt, each offering knowledge pertaining to their specific area of expertise related to entrepreneurship.
Over 2,000 entrepreneurs or "changemakers" will be present at the event, highlighting that Egypt has the capacity to undergo the necessary reformations, regardless of the present political, economic and social barriers, to enhance the investment environment. Keynote speakers will share their success stories and participants will have the opportunity to join professional workshops. The event will feature a mixture of keynotes, panels, roundtables, workshops, and a startups trade fair which will feature 50 Egyptian startups.
Sharara explained, "The current entrepreneurship ecosystem in Egypt is an extremely vibrant and promising one that is at a tipping point. The market currently has the highest amount of unspent investment, with over 500 organizations supporting entrepreneurship, and thousands of youth starting their own ventures. The next education or health innovation will come from entrepreneurs and the next 100,000 jobs will be created by start-ups."
Dr. Sherif Kamel, dean of the School of Business at the American University in Cairo also explained that Egypt's human capital is its oil of the 21st century and the youth represent the country's most precious resource; as the nation moves forward, investing in education, innovation and promoting entrepreneurship will have a concrete and scalable impact on its future and its socioeconomic development and growth.
Sharara's drive and the general enthusiasm stemming from young Egyptians, Dina El Mofti, Executive Director Injaz Egypt said, "The call for change that had captured the hearts and minds of young Egyptians has empowered them to take change into their own hands and has manifested itself in a wave of Entrepreneurship rising across the country. We are proud that the founder of Rise Up Egypt is an Injaz alumni and the event is reflective of how a new entrepreneurial culture and ecosystem is now taking shape, with an upsurge of young people empowered to bring their dreams into reality."
Ahmed El Alfy, Founder of The GrEEK Campus, discusses his vision, said, "We are very excited about this project and look forward to creating a hub where entrepreneurship and creativity can thrive in the heart of Cairo. I believe that Rise Up can help the entrepreneurship community get more connected."
Heba Gamal, Managing Director – Endeavour Egypt, one of the main organizers of the event commented on the organization's involvement saying that "Endeavour is excited to be part of this event. At Endeavour, we strongly believe in the magnitude of multiplying success stories and this is exactly what we hope to accomplish at the Rise Up Summit: tell stories that will inspire an entrepreneurial revolution."
Sharara added, "This event proves that leadership, collaboration and courage are the best values to change this country to a better place. What Talaat Harb did decades ago is now being done by a whole community which agreed on uniting under one mission; a better economy."
Hala Fadel, Chair of the MIT Enterprise Forum Pan Arab highlights that "There is courage, energy and great ideas in Egypt. Rise up Egypt materializes this energy into an event that will put these ideas into the spotlight and give an opportunity to many entrepreneurs from Egypt and beyond to learn and connect."
Steve Halley, CEO of Mercy Corps Egypt said, "The amazing thing about Rise Up Egypt is that it brings together all of the different actors within the ecosystem, showing that no one organization or company can provide the full range of support for entrepreneurs" "A lot of people think entrepreneurs needs investment, but before that they need exposure, partners, advice, exposure and encouragement. Rise Up Egypt gives them all of that."
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