• Egypt
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  • Access to Finance
  • Access to Capital
  • Access to Capital

Obtaining the necessary funding for projects

The importance of women benefiting from financing packages:

Egyptian women, who constitute half of the population, represent enormous economic potential, while contributing only 22.5 percent of the total workforce.

This is due to the lack of products and services that are appropriately suited to the financial needs of women, and the legal, social and cultural barriers that women specifically face, among the obstacles and challenges that impede the progress of financial inclusion, as well as inertia and misperceptions about dealing with banks play a role in keeping women out of the system. official financial. Therefore, the banking sector pays great attention to women, because of their effective role as a partner in community development, as banks work to provide financing and technical programs in order to achieve a better understanding of the needs of small and medium-sized companies led by women, in addition to harnessing all available resources to support the financial inclusion initiative.

The most important donors of funding:

There are many entities that offer incentives, multiple sources, with different payment methods and facilities, to meet the needs of individuals and companies wishing to establish and implement small, medium and micro projects and activities (new/existing), in several areas (production/service/commercial), including:

  1. Small, medium and micro enterprises development agency.
  2. Nasser Social Bank
  3. Egypt Bank
  4. National Bank of Egypt
angle-left Micro, Small and Medium Enterprises Development Agency

Micro, Small and Medium Enterprises Development Agency

Micro, Small and Medium Enterprises Development Agency

About the device

The Enterprise Development Agency is the entity concerned with developing medium, small and micro enterprises and entrepreneurship, either directly or through coordinating the efforts of all agencies, NGOs and initiatives working in the field of these projects, or through the companies it establishes or contributes to.

The device was established by a decision of the Prime Minister, by Resolution No. 2370 of 2018, to be directly subordinate to the Prime Minister.

  • Address: Headquarters 120 Mohi El Din Abu El Ezz - Dokki - Giza - Egypt.
  • Phone: 16733
  • E-mail: info@msmeda.org.eg
  • Website: www.msmeda.org.eg

Financing packages:

Various financing packages that can be obtained from multiple sources with different payment methods and facilities, to meet the needs of individuals and companies wishing to establish and implement small, medium and micro projects and activities (new/existing), in several fields (production/service/commercial). Such as :

  • Microfinance:

Providing very small financing to poor individuals or groups who are unable to obtain such financing from the banking sector, to assist them in engaging in productive activities or to develop their micro-enterprises.

For more details, please click on the following link:

https://www.msme.eg/en/msmeda/Pages/ServiceInfo.aspx?ServiceId=39

  • General financing for all activities:

They are various financing packages, for which a request is submitted by going to the service delivery branches of the Enterprise Development Authority in all governorates.

Or by going to one of the intermediary agencies contracted with the device ((banks / non-bank financial institutions (associations / companies)

For more details, please click on the following link:

https://www.msme.eg/en/msmeda/Pages/ServiceInfo.aspx?ServiceId=28

  • Investment and venture capital

By applying the investment mechanism in the venture capital system through direct investment by contributing a share in the capital of companies that practice activities complementary to the objectives of the Authority and its activities in support of the idea of entrepreneurship and emerging companies through joint investment with institutions, companies and bodies working in the field of venture capital that have a previous business Successful investment in emerging or promising companies based on the availability of a minimum number of private sector funders.

For more details, please click on the following link:

https://www.msme.eg/en/msmeda/Pages/ServiceInfo.aspx?ServiceId=37

Other services :

Mentoring and mentoring programs for female entrepreneurs:

The agency provides various types of financing that enable young male and female entrepreneurs to establish new small and micro projects or develop existing ones and expand the scope of their activities. The agency follows up on project owners on an ongoing basis, as it provides a helping hand to the owners of those projects as well as with technical and administrative support and all other services specialized in the field of business development, in order to ensure that every pioneer and entrepreneur have the elements of development, success and continuity, and adds to each product a comparative advantage that ensures competitiveness in the markets.

For more details, please click on the following link:

http://www.msmeda.org.eg/service_Marketing_TechSupport.html#marketting

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