Entrepreneurship

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) is increasing cooperation with universities to equip young people with skills to start their own businesses. MSMEDA Chief Executive Bassel Rahmy made the remarks during a meeting with a student initiative. The efforts aim to promote entrepreneurship and self-employment.

April 29, 2026 Reported by AI

On National Entrepreneurship Day, Valor Pyme released data underscoring SMEs' role in Chile's economy. There are 759,320 active SMEs, which alongside micro-entrepreneurs make up 98.3% of the business fabric, though their sales represent only 11.7% of the national total.

Egypt's Minister of Planning and Economic Development Ahmed Rostom emphasized that entrepreneurship is a government priority to transform innovative ideas into real job opportunities, during a meeting with officials in the country's start-up ecosystem. Rostom met with Amr El Abd, Adviser to the Prime Minister for Entrepreneurship, to discuss mechanisms for developing the national entrepreneurship ecosystem. The meeting focused on enhancing coordination among government entities to support start-ups and boost competitiveness.

March 09, 2026 Reported by AI

Three students from Seattle's Bush School have developed MooBlue, a business idea using red seaweed to reduce methane emissions from cattle without altering beef production. Their pitch in a school entrepreneurship competition impressed judge Mitch Ratcliffe, leading to a podcast discussion on the concept's potential. The initiative targets harvesting invasive seaweed from the Mediterranean and creating an oil-based feed additive for farms.

Azym Dossa, the founder and former managing director of Easy Coach, has passed away. The company announced his death on February 26, 2026, highlighting his role in building the transport firm from a small operation into a major regional brand. Dossa stepped down from leadership in early 2025 due to health issues.

February 18, 2026 Reported by AI

The Business Development Services (BDS) Hubs under the Central Bank of Egypt's NilePreneurs initiative have delivered more than 1.16 million non-financial and advisory services to date. These services have supported around 502,000 young people, entrepreneurs, start-ups, and micro, small, and medium-sized enterprises (MSMEs), including 210,000 women. The hubs have also facilitated access to EGP 19 billion in financing for over 14,000 projects.