Introduction
Entlaq, an Egypt-based entrepreneurial think tank, has joined forces with Savannah, a Sudanese incubator, in a groundbreaking partnership aimed at supporting Sudanese migrant and refugee entrepreneurs in Egypt. The collaboration seeks to assist these entrepreneurs in transitioning their businesses into the formal economy through comprehensive support and advocacy.
Landmark Partnership to Support Migrant Entrepreneurs
The partnership between Entlaq and Savannah was formalized through the signing of a Memorandum of Understanding (MoU), marking the beginning of a strategic initiative to uplift Sudanese migrants and refugee-led businesses. By providing essential resources and training, the partnership aims to empower these entrepreneurs with the tools needed to succeed in Egypt’s dynamic business environment.
This agreement signifies a major step towards fostering greater economic integration for Sudanese migrant entrepreneurs, offering them the opportunity to thrive in their new host country. It also highlights the ongoing commitment of both organizations to supporting underserved communities through entrepreneurship and innovation.
Focus on Economic Integration and Business Formalization
A key objective of the partnership is to help migrant-led businesses transition into the formal economy. This will be achieved through a range of interventions, including entrepreneurial support, legal and financial advisory services, and advocacy for policy changes that address the specific needs of migrant entrepreneurs. By formalizing their enterprises, Sudanese entrepreneurs will be better equipped to contribute to Egypt’s economy while securing sustainable growth for their businesses.
Entlaq and Savannah also plan to advocate for policies that facilitate the integration of migrant-led businesses into the broader entrepreneurial ecosystem. This effort will aim to create a smoother path for Sudanese entrepreneurs to navigate Egypt’s business environment and overcome the challenges they face.
Comprehensive Incubation Program to Build Entrepreneurial Skills
As part of this partnership, a robust incubation program will be offered, designed to equip Sudanese entrepreneurs with the skills and knowledge necessary to succeed. This program will include:
- Workshops and training sessions to improve business acumen and operational efficiency.
- Mentorship opportunities to provide guidance and support from seasoned entrepreneurs.
- Business clinics to help entrepreneurs address challenges in areas such as marketing, operations, and scaling.
- Legal and financial advisory services to assist entrepreneurs in formalizing their businesses and ensuring compliance with local regulations.
These initiatives aim to empower migrant entrepreneurs by giving them access to vital resources that will help them overcome obstacles and thrive in the Egyptian market.
Strengthening Ties Between Egypt and Sudan Through Entrepreneurship
Yousif Yahya, Founder and Managing Director of Savannah Innovation Labs, emphasized the historical bond between Egypt and Sudan and how this partnership builds on that legacy. "The bond between Egypt and Sudan has always been strong, evolving through the rich histories of both nations. This partnership paves the way for a new generation to collaborate in building a prosperous future for both countries," Yahya said. He highlighted the partnership’s role in helping Sudanese youth and businesses successfully integrate into the Egyptian economy, creating value for both the migrants and their host communities.
A Shared Commitment to Inclusive Growth
The partnership between Entlaq and Savannah reflects a shared vision of driving inclusive growth through entrepreneurship. Omar Rezk, Co-Founder and Managing Director of Entlaq, stressed the importance of supporting migrant entrepreneurs, stating, “This agreement is a crucial step towards fostering a more inclusive entrepreneurial ecosystem in Egypt. Migrant entrepreneurs bring immense potential to the economy, and our partnership with Savannah will provide them with the support they need to succeed.”
Rezk also revealed plans for Entlaq to conduct focus groups to identify the unique challenges faced by Sudanese migrant entrepreneurs. The insights gathered from these sessions will help shape the development of the incubation program and guide future initiatives to better address the needs of the community.
Building a Sustainable and Inclusive Entrepreneurial Ecosystem
This partnership exemplifies Entlaq’s commitment to fostering sustainable economic growth by creating a data-driven and inclusive entrepreneurial ecosystem. As part of its mission, Entlaq aims to support migrant communities by providing them with the resources they need to thrive.
Savannah, based in Sudan, continues to play a pivotal role in empowering Sudanese entrepreneurs through education, incubation, and advisory services. By focusing on collaboration and social entrepreneurship, Savannah works to unlock the potential of the Sudanese startup ecosystem, particularly for migrants and refugees who aspire to become global citizens and responsible leaders.
Through this collaboration, Entlaq and Savannah are not only addressing the immediate needs of migrant entrepreneurs but also laying the foundation for long-term socio-economic empowerment.