The Minister of Communications and Information Technology Atef Helmy witnessed today the closing ceremony of Technology Innovation and Entrepreneurship Center (TIEC) Ibtiecar and InnovEgypt programs for university students in ICT specializations.
Through these programs, TIEC which is an affiliate organization to the Information Technology Industry Development Agency “ITIDA”, endeavors to strengthen innovation culture among youth and provide the necessary education and training in the area of innovation and entrepreneurship that the current education system lacks.
During his speech, Helmy ascertained that the State shows great interest in innovation, invention and entrepreneurship; this is out of its deep belief in youth innovation which reflects nations’ distinction.
He added that Egypt now relies on youth inventions as a strategic trend, following the efforts exerted to spread technology and ICT tools along with the stories of success of attracting FDIs.
The Ministry of Communications and Information Technology, in cooperation with the ICT companies and NGOs, backs up this new trend. He pointed out that the future of Egypt is in dire need for young talents to fulfill the nation’s aspiring projects and achieve the people’s ambitions.
The ceremony honored the winning teams at Ibtiecar annual contest for the graduation projects in 2014 and witnessed the delivery of graduation certificates of the second and third intake of InnovEgypt program.
85 projects from 28 universities were submitted during the third round of the contest of which 27 projects of 12 universities won this year. The winners were granted a 3-month training program in TIEC business Accelerator in Giza, Alexandria, Assiut and Mansoura.
Ibtiecar, a dedicated competition , focuses on the graduation projects of Engineering and Computer Science faculties highlighting specific technology strategic fields supported by the State and sponsored by MNCs in Egypt, including: Intel, Microsoft, Mentor Graphics, EMC² and Egypt’s National Telecommunications Regulatory Authority (NTRA).
The contest links talents to the industry and market needs and encourages youth to develop new solutions in conformity with the latest technologies, in addition to boosting innovative ideas to reach the level of development and commercialization.
On the other hand, InnovEgypt graduates of more than 13 universities were also honored during the ceremony.
InnovEgypt Program is an undergraduate unique program aims at creating an Egyptian base of qualified calibers of potential innovators and entrepreneurs by providing widespread training in innovation and technology management and in entrepreneurship for undergraduates based on best practices and lessons learned.