In a bid to propel the entrepreneurship scene forward, Tatweer Misr, Global Entrepreneurship Network (GEN) and Egypt’s Ministry of Investment and International Cooperation have collaborated to inaugurate the region’s first entrepreneurial hub in Egypt. The project’s building called ‘Broomfields’ was partially opened on November 11. The urban complex is a combination of residential area and university campuses, one of which will be solely devoted to entrepreneurial activities. The regions’ first entrepreneurial activity hub, GEN@Bloomfields, will host its first round of entrepreneurs in 2021 welcoming not only Egyptian startups but also aspiring entrepreneurs from around the MENA region. The hub will be a “state-of-the-art” project which will provide technology labs, think tanks, work stations and co-working space. The hub will also be the regions knowledge transmitter allowing the exchange entreprenreurial trends, innovation, and knowledge amongst GEN’s other regional hubs. This allows for faster development and growth as well as an accelerated learning process. GEN president, Jonathan Ortmans emphasized that there is an intensive demand for economic growth and job creation especially job creation for young people. Entrepreneurship sector in Egypt is vital because of the large percentage of youth in this country…
GEN Is Establishing the Region’s First Entrepreneurial Hub in Egypt
November 12, 2018
