The global objective of this call for proposals is to promote systemic change in the enterprise ecosystem supporting the inclusive economic development potential of Egypt and its private sector. Through addressing market failures and promoting innovative and sustainable private sector development, it aims to increase the opportunity for employment and income generation and enhance the capacity of SMEs and entrepreneurs to innovate.
The specific objective(s) of this call for proposals are:
For Lot 2.
For Lot 3
The key priorities of this call for proposals are:
Sustainable, private sector led, innovation focussed, business development services are available to support enterprise in Egypt.
The interventions should become exemplars for what is possible to be achieved though innovation in Egypt. It is important that the provision innovation development must be of high quality to support both start-ups and existing businesses and sustainable beyond the grant programme over time. This means that it must have a commercial focus, be for profit and have significant private sector participation. The main thrust should be on exploiting innovation and creativity both within existing MSMEs and in new start-up enterprises and spin-offs.
The emphasis will be on sectors such as manufacturing (including Agro-food but excluding defence/military sectors) and traded services which demonstrate the potential to generate increased Egyptian economic value add and be internationally competitive and eventually developing positions in international markets.