{"id":4708,"date":"2026-11-03T03:10:37","date_gmt":"2026-11-03T01:10:37","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4708"},"modified":"2026-11-03T03:10:37","modified_gmt":"2026-11-03T01:10:37","slug":"egypts-msmeda-plans-innovation-unit-backs-green-transition-for-smes","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4708","title":{"rendered":"Egypt\u2019s MSMEDA plans innovation unit, backs green transition for SMEs"},"content":{"rendered":"<div>\n<p>Egypt\u2019s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) plans to establish an \u201cInnovation Support Unit\u201d and an integrated database as part of a strategic shift to help small businesses comply with mandatory green transition and sustainability requirements, the agency\u2019s chief executive said.<\/p>\n<p>Speaking at the \u201cEgypt Sustainable Business Week\u201d, MSMEDA CEO Mostafa Ismail Hassan said the agency is evolving beyond providing financing to offer specialised guidance and technical support. This aims to assist enterprises in meeting environmental standards that global markets now dictate regarding energy, labour, and institutional management.<\/p>\n<p>\u201cSmall enterprises viewed sustainability as a burden and cost for many years, while today it has become a basic condition for entering markets, a main criterion for exporting, and a gateway to obtaining financing,\u201d Hassan said during the event, which was organised by CSR Egypt and the Athar Network.<\/p>\n<p>The planned Innovation Support Unit will assist startups and provide innovative solutions to encourage a knowledge-based economy. Additionally, MSMEDA is coordinating with partners to build an interactive database for the SME sector to serve both decision-makers and business owners.<\/p>\n<p>Hassan noted that MSMEDA is collaborating with the Ministry of Industry and private sector partners to integrate SMEs into the supply chains of major companies, aiming to secure permanent marketing for their products and enhance their capacity to expand locally and globally.<\/p>\n<p>He also highlighted cooperation with the Ministry of Finance to secure the necessary funding for projects to comply with global sustainability conditions and to access investment incentives. Financing entities are increasingly working to reduce risks associated with environmental conditions and sustainable supply chains, he added.<\/p>\n<p>Concluding his remarks, Hassan urged banks and financial institutions to design specialised green finance products and called on large corporations to open their supply chains to small enterprises. He asked development partners to help mitigate the risks associated with financing the green transition, noting that the shift to a green economy is a pathway to increased competitiveness, exports, expanded production, and job creation rather than an end in itself.<\/p>\n<p>Hassan also participated in a panel discussion during the event\u2019s second day focused on SME growth, covering financing, institutional qualification, digital solutions, exports, and supply chain integration.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) plans to establish an \u201cInnovation Support Unit\u201d and an integrated database as part of a strategic shift to help small businesses comply with mandatory green transition and sustainability requirements, the agency\u2019s chief executive said. Speaking at the \u201cEgypt Sustainable Business Week\u201d, MSMEDA CEO Mostafa Ismail Hassan [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-4708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s MSMEDA plans innovation unit, backs green transition for SMEs - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=4708\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s MSMEDA plans innovation unit, backs green transition for SMEs\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) plans to establish an \u201cInnovation Support Unit\u201d and an integrated database as part of a strategic shift to help small businesses comply with mandatory green transition and sustainability requirements, the agency\u2019s chief executive said. Speaking at the \u201cEgypt Sustainable Business Week\u201d, MSMEDA CEO Mostafa Ismail Hassan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailybusiness.info\/?p=4708\" \/>\n<meta property=\"og:site_name\" content=\"daily business egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-03T01:10:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailybusiness.info\/wp-content\/uploads\/2026\/07\/\u0662\u0660\u0662\u0666\u0660\u0667\u0662\u0660_\u0661\u0662\u0663\u0668\u0662\u0665.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"mohamed nazif\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mohamed nazif\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708\"},\"author\":{\"name\":\"mohamed nazif\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#\\\/schema\\\/person\\\/30b9d0ee3124cbf93cce0a5639db7823\"},\"headline\":\"Egypt\u2019s MSMEDA plans innovation unit, backs green transition for SMEs\",\"datePublished\":\"2026-11-03T01:10:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708\"},\"wordCount\":375,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dailybusiness.info\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/4708-egypts-msmeda-plans-innovation-unit-backs-green-transition-for-smes.jpeg\",\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dailybusiness.info\\\/?p=4708#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708\",\"url\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4708\",\"name\":\"Egypt\u2019s MSMEDA plans innovation unit, backs green transition for SMEs - 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