CBE launches Nilepreneurs to support entrepreneurs, SMEs

The Central Bank of Egypt launches a national initiative to support entrepreneurs and small and medium enterprises under the name of “Nilepreneurs”.

The CBE is funding the initiative which is implemented by  Nile University  according to a five-years agreement aimed at developing, qualifying and increasing the capabilities of young entrepreneurs in small and medium enterprise and enhancing domestic output.

This initiative increases the contribution of the banking system to the development of business and the development of small and medium enterprises and encourage young people to make the culture of entrepreneurship a reality on the ground.

The Central Bank and Nile University in return will provide the headquarters and centers of business services in universities and other entities and provide technical support, training and organize convoys of the Nilepreneurs to tour the various governorates of Egypt to promote and accelerate the deployment and achieve goals.