The Strategy of Egypt in enhancing the small and medium enterprises

International ConferenceInternational ConferenceONON

South-South Cooperation for South-South Cooperation for Technology Transfer Technology Transfer

& & Development of Small and Medium Development of Small and Medium

enterprises (SMEs) enterprises (SMEs) Colombo, Sri - Lanka Colombo, Sri - Lanka 18- 22 August 200818- 22 August 2008

The Strategy of Egypt in The Strategy of Egypt in enhancing the small and medium enhancing the small and medium

enterprisesenterprises

EngineerEngineer

Janet yousefJanet yousefPresidentPresident

Invention & Innovation Agency (IIDA)Invention & Innovation Agency (IIDA)

IntroductionIntroduction

Nowadays, there is no objective discussion about the importance of small and mediumsized enterprises (SMEs) for the developmentof economies of the developing countries and middle east region and even less about their labor skills.

In our Agency, we emphasize on short-term policy development and longer-run capacity building to support the policy development process. Given the critical challenges currently facing SMEs, early action by the Academy of Scientific Research and technology in Egypt initiated improvement in work plan.

Policy and development planning are thus the central axis of the Academy Project, around which other activities revolve: Training, Research and Networking activities are all designed to support the achievement of the Technology Development &Scientific

services sector goals.

The Areas Targeted by Technology Development

& service sector for SMEs are:

* Developing/updating a general policy framework for SMEs development in Egypt. * Developing operational definitions for SMEs.* Enhancing the access of SMEs to financial services.* Procurement* Regulatory reform to reduce the cost of compliance with regulations.* Promotion for SMEs

The main official governmental sponsorThe main official governmental sponsor In EgyptIn Egypt

To the small and medium EnterprisesTo the small and medium Enterprises (SMEs)(SMEs)

"Social fund for development “ ( SFD )"Social fund for development “ ( SFD )

Major Axes of SFD ActivitiesMajor Axes of SFD Activities SFD operates according to several major axes SFD operates according to several major axes

based on:based on:

Developing and financing small enterprises Developing and financing small enterprises serving as feeding industries to medium and serving as feeding industries to medium and large enterprises in all governorates with a large enterprises in all governorates with a view to creating permanent and stable job view to creating permanent and stable job opportunities,opportunities,

Encouraging micro enterprises to improve Encouraging micro enterprises to improve income and ameliorate living standards in income and ameliorate living standards in Egyptian villages and hamlets Egyptian villages and hamlets

Marketing and Management GroupMarketing and Management Group

Enhancing the competitive edge of Enhancing the competitive edge of small enterprises, improving their small enterprises, improving their quality and opening new markets for quality and opening new markets for their products, their products,

Financing and updating marketing Financing and updating marketing studies and research, studies and research,

Developing technology support and Developing technology support and transfer systems, transfer systems,

Training the youth in technical Training the youth in technical vocational training centers to promote vocational training centers to promote their entrepreneurial skills,their entrepreneurial skills,

Cooperating with different ministries Cooperating with different ministries and authorities to establish joint and authorities to establish joint ventures with a view to employing the ventures with a view to employing the youth and generating new job youth and generating new job opportunities,opportunities,

Business & Technology Business & Technology IncubatorsIncubators

What are IncubatorsWhat are Incubators Business and Technology Incubators are Business and Technology Incubators are

Development Institutions providing Development Institutions providing support to foster the growth of start-up support to foster the growth of start-up and early stage enterprises, and generally and early stage enterprises, and generally improve their chances of success in an improve their chances of success in an increasingly competitive global increasingly competitive global environment. environment.

Mission and Objectives of the IncubatorMission and Objectives of the Incubator

To provide Assistant to the projects To provide Assistant to the projects inside and outside the Incubatorinside and outside the Incubator

premises.premises.

• Develop Business skills and Managerial Develop Business skills and Managerial efficiencyefficiency

Assist the Entrepreneurs in obtaining all the Assist the Entrepreneurs in obtaining all the necessary permission and licenses before necessary permission and licenses before start-up start-up

Create new job opportunities (permanent/ Create new job opportunities (permanent/ non permanent and direct/indirect). non permanent and direct/indirect).

To link small Entrepreneurial companies to To link small Entrepreneurial companies to medium and large organizations/ companies medium and large organizations/ companies in order to develop their activities (feeding in order to develop their activities (feeding industries) industries)

Adapt the projects based on Adapt the projects based on technology which are related to technology which are related to Universities and Scientific research Universities and Scientific research centers to Convert their researches to centers to Convert their researches to Marketable products Marketable products

Offer a full package of assistant such Offer a full package of assistant such as (Quality Control Units/ Special as (Quality Control Units/ Special Specifications/ Technical and Specifications/ Technical and commercial Data base)commercial Data base)

Administrative AssistanceAdministrative Assistance

Business plan, day to day managerial Business plan, day to day managerial Skills training, Secretarial works, Fax, Skills training, Secretarial works, Fax, Computer, Internet … etc.) Computer, Internet … etc.)

Technical Assistant Technical Assistant

Specialized local and global Specialized local and global Consultants, Product quality Control Consultants, Product quality Control labs, Technical training … etc.)labs, Technical training … etc.)

Financial AssistanceFinancial Assistance

SFD Loans, Feasibility Studies, Balance SFD Loans, Feasibility Studies, Balance Sheets, . etcSheets, . etc

Marketing AssistanceMarketing Assistance

Exhibitions and AdvertisementsExhibitions and Advertisements

Types of IncubatorsTypes of Incubators

1-1-General IncubatorsGeneral Incubators Promote formation of new Enterprises based Promote formation of new Enterprises based

on a local environment needs.on a local environment needs.

22--Technology IncubatorsTechnology Incubators

Promote the development of new Enterprises taking advantage of the influence such as (universities, Institution, Science parks etc.)

33 - -Specialized IncubatorsSpecialized Incubators

They focus on a specific field or They focus on a specific field or sub sector (i.e biotechnology, sub sector (i.e biotechnology, information technology)information technology)

Ministry of Scientific ResearchMinistry of Scientific Research

Academy of Scientific Research & Technology(ASRT)

Technology Development and scientific Sector

Invention and Innovation Development Agency ( IIDA )

ObjectivesObjectives

&& Functions 0F (IIDA)Functions 0F (IIDA)

IIDAIIDA encourages and promotes encourages and promotes innovations and innovations and inventions aiming at pushing inventions aiming at pushing forward process of forward process of developing national technology . developing national technology .

IIDA cooperates with the patent office in that the IIDA cooperates with the patent office in that the later provides it with granted patents to be later provides it with granted patents to be commercialized to reach the final end user . commercialized to reach the final end user .

IIDA makes and develops the prototypes of IIDA makes and develops the prototypes of selected patents .In addition to this , it carries selected patents .In addition to this , it carries out semi - industrial experiment . out semi - industrial experiment .

IIDA highlights the advantages of valid IIDA highlights the advantages of valid innovations and inventions . It contacts innovations and inventions . It contacts the industrial institutions and others to define the industrial institutions and others to define how far they can benefit from them and the how far they can benefit from them and the possibilities of commercializing . possibilities of commercializing .

Number of patents succeeded in Number of patents succeeded in being marketed as small and being marketed as small and

medium enterprisesmedium enterprises

ReferencesReferences

Past, Present and FuturePast, Present and Future:: SMEPOLicy in Egypt" ConferenceSMEPOLicy in Egypt" ConferenceJanuary 15-16, 2008January 15-16, 2008

Mr. Mohamed Abdel Aziz, Manager, SME Unit, Ministry of FinanceMr. Mohamed Abdel Aziz, Manager, SME Unit, Ministry of Finance ((www.mof.gov.egwww.mof.gov.eg) )

Hany Seif El Nasr Managing DirectorHany Seif El Nasr Managing Director ,Social Fund for Development,Social Fund for Development ((www.sfdegypt.orgwww.sfdegypt.org))

Egyptian Patent officeEgyptian Patent office ( ( www.egypo.gov.egwww.egypo.gov.eg))

Invention & Innovation Development Agency (IIDA)Invention & Innovation Development Agency (IIDA) ((www.IIDA.asrt.sci.egwww.IIDA.asrt.sci.eg) )

EngineerEngineer

Janet Ibrahim yousefJanet Ibrahim yousef

PresidentPresident

Invention & Innovation Agency (IIDA)Invention & Innovation Agency (IIDA)

Tel / Fax : (202)27953785Tel / Fax : (202)27953785

E-mail : janet_ibrahim2008@yahoo.comE-mail : janet_ibrahim2008@yahoo.com

Best Wishes to your conference to reach the goals you have determined for it .