81284366-Value Chain Financing in Egypt

The project "Private Sector Development and Innovation" (PSI) aims to improve the conditions for innovation in the Egyptian manufacturing sector. It is part of a wider programme "Private Sector Promotion" of the German Development Cooperation in Egypt. The project consists of four outputs: 1) Strengthen cooperation between public agencies and business associations and institutions to promote innovation; 2) Establish new and improved services for product and process innovations in the market; 3) Improve cooperation between enterprises towards integration into national and international supply chains; 4) Develop innovative financial services for the formal and informal sectors. The lead agency is the Ministry of Trade and Industry (MTI). Further partners for implementation include the Micro, Small and Medium Enterprises Development Agency (MSMEDA), industrial park administrations, the Industrial Modernization Center (IMC), technology centers, business associations, and more. The project cooperates with sectoral chambers (e.g.: Chamber of Food industries, Chamber of Engineering industries, Chamber of Chemical industries and Chamber of Printing & Packaging industries) and business associations (most of them link firms within industrial zones) and export agencies as well as with private SME development organisations.