Work starts on first GEN Entrepreneurship hub in MENA

Tatweer Misr today signed an MoU with Global Entrepreneurship Network (GEN) to develop an entrepreneurship and innovation hub under the management of GEN at Bloomfields in Mostakbal City, Tatweer Misr’s latest development in Cairo. During a groundbreaking ceremony held on-site today, the first stone in GEN@Bloomfields was set by Ahmed Shalaby, Tatweer Misr CEO and Managing Director, and Jonathan Ortmans, GEN President, representing the first building in Bloomfields’ University Campus.

GEN is a platform of programs and initiatives that help align a varied collection of players, programs, and information to better support entrepreneurship.

Located on the 90-acre University campus, the entrepreneurship and innovation hub, expected to be operational by 2021, will host several technology labs, “state-of-the-art” work stations, co-working space, think tanks, a gym, lounges, boardrooms, training rooms, and an atrium which will be used for networking and events. It will be home to many partners, with offerings such as, but not limited to, Executive Education Programs, Training Programs, and Lecture Series.

“Empowering innovation is the key to empowering entrepreneurship, and through our partnership with GEN Global on this Campus, we aim to create a space that generates innovation opportunities for developing a better future for our youth in the region,” says Ahmed Shalaby, CEO and Managing Director of Tatweer Misr.

GEN is focused on bringing best-in-class programs, communities and support from its network, operating in 170 nations, to Egypt’s next generation of entrepreneurs.

“GEN has been actively celebrating Global Entrepreneurship Week (GEW) events in Egypt for 11 years, since its inception. Egyptians are building some of the most engaging, proactive and dedicated entrepreneurship communities around the world, that are working towards innovating for real impact for the nation’s benefit,” said GEN President Jonathan Ortmans, during the groundbreaking. “We could not be prouder to stand with our national affiliate, GEN Egypt, alongside Tatweer Misr and other partners in opening GEN@Bloomfields. We look forward to empowering entrepreneurs throughout Egypt and connecting them to the global ecosystem that will help them thrive.”

Accordingly, the campus will offer a 360-degree turn-key solution to start and scale – from the initial concept all the way to sustainable commercialization. Participants will also have direct on-hand access to a global and diverse team of experienced entrepreneurs, mentors, scientists, managers, CEOs and funders all under one roof to nurture and support them during every step of their journey. This includes product development, services, business models, funding opportunities and access to markets, as well as exploring and identifying new industries and opportunities in MENA. 

The groundbreaking event appropriately coincides with the opening of Global Entrepreneurship Week– an effort to help anyone, anywhere start and scale a new business. For one week each November, more than 9 million participants take part in 35,000 events, activities and competitions in more than 170 countries around the world.