Outcome EGY_D_2.1

More women own, launch and/or better manage micro, small, and medium enterprises (MSMEs) in different sectors

Through different UN Women Egypt programmes including Global Affairs Canada, Sida JP, and KOICA, 30 additional companies in Egypt signed the WEPs CEO Statement of Support that makes the total number of WEPs signatories increase by 50% too reach a total of 72 companies in 2022. This includes the Financial Regulartory Authority (FRA) which includes a pool of financial and insurance companies which is the first financial authority worldwide to adopt and promote the WEPs among its members. Results include supporting number of companies to review their policies, conduct their gender gap analysis, and develop their relative action plans. Currently, more focused support is tailored to provide companies with policies on harassment in the workplace and more HR tailored support and gender & marketing training based on the individual companies' action plan. In connection to this, UN Women through Sida Decent Work and KOICA funded programmes, supported companies to commit to the WEPs principles 1 and 4 to promote women on corporate boards and in leadership positions in addition to promoting a gender sensitive workplaces and availing equal training opportunities for women employees through the collaboration with the AUC where women employees had access to 50% scholarship to be trained on: Finance for non Financers, Advanced Management, Digital Marketing, Executive Leadership, Management for first time managers and Human Capital Certificate. In 2022, 74 women emloyees received trainings and some were promoted to senior management level, out of which around 35.15% are funded by their companies (most of which are WEPs signatories). This includes provision of board placement advocacy resulting in nominating 180 candidates to 36 EGX companies, additional 10 candidates to Archer Finance, and another 13 candidates to Beltone Financial Holding .

More women own, launch and/or better manage micro, small, and medium enterprises (MSMEs) in different sectors

UN Women facilitated the access of women entrepreneurs in different sectors to different types of financial and non-financial services including entrepreneurship trainings, mentoring, networking opportunities, hackathons, business plan competitions, and incubation programs with different ecosystem players such as Flat6Labs, Vodafone, Nahdet el Mahrousa, AUC Center for Entrepreneurship and Innovation. In addition, a training program (Heya Raeda) for women entrepreneurs affiliated with the Egyptian government has been digitized and uploaded on a national platform to avail quality entrepreneurship trainings to all Egyptian women.