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Rahmy: MSMEDA offers free training to spur entrepreneurship

Businessmen Team news 09 August 2025 12:01 PM
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Rahmy: MSMEDA offers free training to spur entrepreneurship

Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched a series of free training courses and seminars in August to encourage entrepreneurship and support existing businesses, the agency announced.

The initiative, led by MSMEDA's offices nationwide, is part of a broader effort to raise awareness of state-backed programs and services designed to help citizens start new ventures or expand current ones. The agency's plan also includes field visits to industrial zones and production hubs to address challenges faced by small investors.

In a statement, MSMEDA CEO Bassel Rahmy said the courses are designed to encourage citizens and youth to pursue entrepreneurship by equipping them with the skills to launch distinct, economically viable projects that create stable jobs.

The seminars also inform existing business owners about services aimed at improving profitability and provide details on supportive legislation, including law No. 152 of 2020 on SME development and law No. 6 of 2025 on tax incentives.

Rahmy noted that the events, organized in coordination with governorates and universities, specifically target young graduates and women, teaching them how to establish businesses, conduct feasibility studies, and secure financing.

In addition to the training, MSMEDA branches will visit industrial areas throughout August to identify and help resolve challenges facing small investors, providing them with necessary financing and technical support.

Rahmy added that the informational seminars are key to encouraging informal businesses to formalize their operations, allowing them to benefit from legal protections and incentives. He urged citizens to attend these events by contacting local MSMEDA branches or calling the hotline at 16733.

The agency's governorate-level activities include:

Sharqia: Organizing awareness seminars on MSMEDA programs and participating in a committee to help businesses legalize their status.

Qalyubia: The office participated in a graduation projects marathon at Banha University to promote its services and held e-marketing training sessions for business owners in July.

Ismailia: An exhibition for handicrafts and heritage products was organized in cooperation with the Directorate of Youth and Sports.

Red Sea: Field visits are planned to the industrial complex in Hurghada to assess the needs of factory owners and raise awareness of supportive laws.