EGP 920m invested in 31,000 youth projects in Damietta over 9 months: MSMEDA CEO

MSMEDA Accelerates Support for Women's Projects With Market Expansion Initiatives - Top 50 Women Forum

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is significantly enhancing its initiatives to empower women entrepreneurs across Egypt. Through a range of support programs, MSMEDA is not only strengthening existing female-led businesses but also encouraging the creation of new, sustainable projects. The agency’s comprehensive approach includes a focus on training, financial assistance, and market access to ensure the long-te…

EGP 920m invested in 31,000 youth projects in Damietta over 9 months: MSMEDA CEO

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that nearly EGP 920m has been invested in youth-led projects across Damietta from July 2014 to March 2025. The funding supported the establishment and growth of approximately 31,000 micro, small, and medium enterprises, creating around 70,000 job opportunities.