Qatar cuts key interest rates by 25 bps    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



MSMEDA funds 186,00 micro, small projects worth EGP 2.7bn in Al Sharqia: Gamea
The authority inaugurates its official website offering development services
Hossam Mounir Published in Daily News Egypt on 21 - 10 - 2018

The Micro, Small, and Medium Enterprise Development Authority (MSMEDA) has funded about 186,000 small and micro projects in Al Sharqia governorate since 1992, totaling EGP 2.7bn, and provided 307,964 job opportunities, the CEO of MSMEDA Nevine Gamea said.
She added that the authority's grants to Al Sharqia reached EGP 259,000 to implement intensive-labour infrastructure, community development, and training projects in cooperation with the governorate and civil society institutions, providing about 3.7m daily-wage jobs.
Gamea stressed that MSMEDA aims to double the number of small projects in Al Sharqia, as well as offer more financial and technical support services to individuals to encourage them initiate their own business.
It came during Gamea's speech at a youth conference held in Minya Al Kamh in Al Sharqia under the patronage and presence of the minister of finance Mohamed Moeit, and the governor of Al Sharqyia Mamdouh Ghorab.
According to Gamea, the authority is keen on contributing to the establishment and success of youth projects, whether through offering funding, training or marketing services, as well as facilitating the issuance of necessary licenses.
She stressed that the authority – in cooperation with various bodies of the state – seeks to achieve the ambitions of young people in terms of establishing their own productive and profitable projects that guarantee a better future.
In a related context, the authority announced launching its official website, (http://www.msmeda.org.eg) to offer its programmes and services.
The website includes a variety of options that explain the MSMEDA initiatives in supporting and funding small and micro projects, as well as the most important activities it offers to serve these projects and support them in terms of technicality, marketing, and training.
It also includes a special section for the development partners who are cooperating with the body locally and internationally, in addition to a department on the most important press events and news about the body. MSMEDA's website presents integrated reports allocated for young people who would like to enter the entrepreneurship field. These reports explain the authority's training for youth to manage projects, as well as the credit systems and mechanisms by which the authority deals with many civil society institutions, banks, and financial leasing institutions. In addition, it provides information on how to obtain non-financial services in cooperation with all the concerned bodies in Egypt.

Clic here to read the story from its source.