Techne Summit

Eng. Tarek ElKady’s Contribution to Advancing the Entrepreneurship Ecosystem at Techne Conference

During the Techne Conference, Eng. Tarek ElKady, CEO of Techne, emphasized the importance of supporting the entrepreneurship ecosystem in all its components, including universities, investors, mentors, large companies, and governments. He highlighted the critical role each of these players has in fostering the ecosystem. The conference is designed to cater to entrepreneurs at various levels, from students eager to start their own businesses to startups already seeking investors and looking to expand into new markets.

Cooperation Protocol with ITIDA
Eng. Tarek discussed the signing of a cooperation protocol with ITIDA to support artificial intelligence within the framework of their corporate innovation program, which has been ongoing for four years. He explained that the program focuses on identifying challenges faced by large companies in different markets and connecting them with startups that are developing AI-based solutions to these challenges. The protocol aims to direct AI-powered startups to the resources they need to expand their operations in global markets.

Additionally, Eng. Tarek noted that the program also seeks to provide educational resources for early-stage startups, helping them learn how to integrate artificial intelligence into their operations effectively.

Expansion Plans and Exporting Egyptian Companies to International Markets
When discussing expansion plans, Eng. Tarek clarified that their goal is not to relocate outside of Egypt, but rather to expand into other Arab and African markets. He stressed that exporting Egyptian companies’ services abroad is a form of business export that contributes to bringing in foreign currency. He emphasized the importance of leveraging local resources, such as back-office support, to aid companies expanding into foreign markets, all while maintaining a strong presence in the Egyptian market.

He also mentioned that Techne organizes large community events within Egypt, such as the Techne Summit in Alexandria and Cairo, as well as international events that aim to connect local markets with global ones. Moreover, Techne is committed to fostering corporate innovation within large companies by collaborating with startups.

The Role of the Bibliotheca Alexandrina in Hosting Techne Summit
Eng. Tarek underscored the unique value of hosting the Techne Conference at the Bibliotheca Alexandrina, given the cultural and historical significance of the location. He explained that the library is a symbol of connection between Mediterranean countries, adding a special dimension to the conference by blending knowledge, history, and the future.

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