Chairman of MSMEDA , Nevine Gamea: File Picture
CAIRO – 16 March 2022: The Micro, Small and Medium Enterprise Improvement Company (MSMEDA) is working, in coordination with the assorted state our bodies, to implement the political management’s directives to offer all types of assist to Egyptian ladies, affirmed Commerce and Trade Minister Nevin Gamea.
Gamea, who doubles because the MSMEDA’s government director, stated that the transfer got here in a bid to increase ladies’s participation within the financial and social growth course of in Egypt by way of encouraging them in implementing small- and medium-sized enterprises (SMEs).
Gamea stated, on the event of the Egyptian Girls’s Day, that the MSMEDA is determined by a number of plans to advertise ladies’s position on the financial and societal ranges.
The MSMEDA gives varied monetary providers to assist ladies perform new small-sized enterprises or increase in present tasks, she additional stated.
From July 2014 and till December 2021, about 45 % of the entire funds allotted to the SMEs have been directed to the ladies.
The overall funds reached LE 11.1 billion, stated the minister, noting that about 700,000 SMEs have been funded. About 837,000 jobs have additionally been offered, she added.