NilePreneurs

NilePreneurs is a national, fast-growing, initiative funded by Central Bank of Egypt, and implemented by Nile University. NilePreneurs aims to enhance the ecosystem for entrepreneurs in Egypt through its different programs. The initiative works closely with different banks, governmental entities and international organizations to achieve its targets.

Mission

Establishment of comprehensive and effective infrastructure to support SMEs and entrepreneurship ecosystem

Vision

Sustainable economic development that is based on SMEs and entrepreneurship, with the support and integration of all affiliated parties

Values

• We focus on our clients: our clients are our partners in success, and the reason why we exist. We both sacrifice our time and effort to achieve our developmental objectives.
• We value team benefit over self-interest: our beneficiary needs are complex and diverse. Complex problems require complex solutions, and we can only find them by working in teams.
• We learn, challenge and aim high: we don’t settle for less, we are always learning to upgrade our skills, challenging the status quo to the best interest of our clients and community
• We resent politics and lobbying: it’s the act of incompetence. We focus on sustainability merits. Contribution to our beneficiary success, teamwork, and our values are the most recognized merits.
• We celebrate failures as much as we celebrate success: we will continue to make mistakes, we will acknowledge them, learn from them, and proceed. We celebrate the courage of admitting our mistakes as much as demonstrating success.

Our Services

At NilePreneurs, we’ve developed a set of services for SMEs and Startups. We aim to integrate with the ecosystem, filling gaps, and avoiding redundancy whenever possible. As of 2019, our services are summarized under the following four groups:

• Business Development Services:

Our BDS is a hub offering financial and non-financial advisory services to Entrepreneurs and SMEs. Enabling our clients to improve their market performance and achieve their growth goals.

• Incubation:

We incubate innovative startups in strategic sectors for the Egyptian economy. Helping them till commercialization through our services and in collaboration with our extended network of Government, Banks, NGOs and International Organizations.

• Training for Growth:

Our trainings are organized around growth. We provide trainings for export promotion, value chain strengthening, as well asa multitude of technical trainings to boost innovation.

• Innovation Support:

We support startups and SMEs to push new innovations to the market. Providing them with the right expertise in engineering to create new products or re-engineer existing ones. Our services range from concept generation till design for manufacturability. We also support in design and manufacturing of dies or molds.

Achievements

Other Initiatives

1) Trainings

IECC has entrenched a set of noteworthy trainings to vest youth, students, and entrepreneurs with the needed qualifications in their business journey. The IECC trainings are delivering remarkable contents which are rarely to be find accumulated in one place. The following are brief descriptions of the trainings.

1. Design Thinking: It is a set of courses in which emphasizing the creativity and innovation of thinking and how these factors are playing roles in taking strategic decisions.
2. Management of Technology: Nile University has been distinguished with its powerful Management of Technology courses. Therefore, we are enabling our participants with this training because the edge nowadays is not having the strongest technology but how to manage it.
3. Value Chain Analyst Training: The training is giving a deep looking at the manufacturing process and how to link between the market and private sector
4. New Product Design Trainings: It is a new training developed by IECC to give an overview about the New Products and how to merge between the customers' voices, cost of developing and time of pursuing new technologies to get to the optimum results
5. Mechanical Design Trainings: This training is delivered by industry mechanical engineers to direct students towards solving the mechanical designs problems in the most practical way.
6. Prototyping Training: It gives the practices of prototyping in various materials such as paper and foam; also, it prepares participants to create their own prototypes for different types of products. 

2) Entrepreneurship Trainings

She Leads: It is the IECC women empowerment program. It is been established to improve the ecosystem for female entrepreneurs and women-led SMEs to start and grow their businesses and economy. This will be done by equipping female entrepreneurs and women in business to apply innovation and technology in products and services that make a positive social impact via a series of workshops and lectures to advance their potentials.

3) Open Innovation Projects

NU100:  NU100 is an entrepreneurship competition targeting individuals in the age bracket between 18 and 35, who have a technically feasible technological innovation that can be translated into a business. NU100 managed to provide training for 300+ participants in 10 locations across Egypt. The competition was not limited to IT, but expanded to cover a wider technological spectrum, including but not limited to, Advanced Technology, Manufacturing, Agriculture, Media, Chemical, Medical, Computing, Construction, Education, Paper & Packaging, Energy, Tourism & Leisure, Engineering, Transport, Environment, Wood and wood products, Healthcare, Industry, and Telecommunications.

BEMT Challenge: BEMT Challenge is a project aimed at Integrating Blended Entrepreneurial and Manufacturing Technology competency for the purpose of socio-economic development in Egypt. In BEMT, graduates from engineering and technology institutions receive an intensive training on manufacturing technologies and SME management basics.

Dairy Challenge: The Dairy Challenge is aimed to develop technology-based applications which facilitate digitizing the whole provided services from MCHubs (Milk Collection Hubs). This gives the capabilities for traceability and recording the process.

The challenge is running in three (3) tracks:

 1. Traceability System

2. Management System

3. Use of Integrated Devices