Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Gold prices in Egypt edge higher on Wednesday, 12 Nov., 2025    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt joins Advanced Breast Cancer Global Alliance as health expert wins seat    Egypt's Suez Canal Authority, Sudan's Sea Ports Corp. in development talks    Egyptian pound gains slightly against dollar in early Wednesday trade    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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 visits industrial zones, production clusters to tackle small investor challenges
Published in Daily News Egypt on 09 - 08 - 2025

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), has announced that the agency's branches across various governorates are conducting a series of visits throughout August to industrial zones and production clusters. The aim, he explained, is to identify the challenges facing small investors and coordinate with local authorities to resolve them, while also providing the necessary financing and technical support.
The agency's offices in all governorates are also delivering a range of free training courses and awareness seminars, in addition to the field visits, to explain the state mechanisms available to support small and medium projects.
This initiative is part of MSMEDA's ongoing role in raising awareness among citizens and young people, encouraging them to embrace self-employment, and introducing them to the services needed to launch new projects or expand existing ones.
Rahmy noted that the training courses and seminars aim to inspire citizens and youth to pursue entrepreneurship and equip them to establish economically viable projects capable of providing stable job opportunities for themselves and others. They also help existing project owners learn about MSMEDA's development services, ways to increase profitability, and the full scope of support available under state laws backing the small enterprise sector—particularly the incentives and benefits outlined in Law No. 152 of 2020 on the Development of Medium, Small and Micro Enterprises, and Law No. 6 of 2025 on tax facilitation measures for small enterprises.
He stressed that the activities organised by MSMEDA's offices are carried out in coordination with governorates and universities, with a particular focus on encouraging young people, recent graduates, and women to venture into entrepreneurship and start their own businesses through the simplest possible procedures. The training covers how to establish different types of projects, prepare feasibility studies, and secure financing.
Rahmy highlighted the crucial role of awareness seminars in motivating owners of informal sector businesses to integrate into the formal economy, enabling them to access the advantages and facilitation measures provided by the law, including classification certificates and other incentives. He urged citizens to attend these seminars and benefit from them by contacting MSMEDA branches in their governorates or calling the agency's hotline.
MSMEDA branches nationwide receive applications from citizens and young people to join the free training programmes, which prepare them to establish small enterprises in service, commercial, and industrial sectors.
In Sharqeya, the local MSMEDA branch is scheduled to hold several awareness seminars in cities across the governorate to promote the agency's programmes and services, while also participating in the committee responsible for formalising project statuses in coordination with the governorate.
In Qalyubeya, the agency's office participated in July in the graduation project marathon for Benha University students, showcasing MSMEDA's services to new graduates. The office also organised training courses in e-marketing for project owners.
In Ismailia, the MSMEDA branch, in cooperation with the Directorate of Youth and Sports, organised an exhibition showcasing handicrafts and heritage products. Meanwhile, in the Red Sea Governorate, the agency's branch is conducting field visits to the industrial complex in Hurghada to assess the needs of factory owners, address operational obstacles, and raise awareness of laws supporting their businesses.


Clic here to read the story from its source.