In a project funded by the EU, ECASTI has joined Misr El Kheir Foundation and five other local and international partners in building a Social Innovation Cluster to empower Egypt’s bottom of the pyramid sector.
The project builds on Misr El Kheir’s program, GESR, which fosters the commercialization of technology-based innovations that will lead to affordable access to quality goods and services and the creation of livelihood opportunities for the bottom of the pyramid, or Egypt’s most impoverished groups.
ECASTI’s main task is to Influence the innovation policy development at the national level through reviewing current national policies regarding social innovation and organizing workshops with different stakeholders around such policies to deliver better recommendations and will also act as the local counterpart of Hubconcepts Inc., the Finnish partner in the project. Together, ECASTI and Hubconcepts will work to establish a supportive ecosystem for social innovation, using Hubconcepts’ well-tested Innovation Hub Framework. Through this framework, ECASTI and Hubconcepts will conduct a status analysis of the current social innovation ecosystem and develop and implement an operational strategy and action plan to create a more supportive environment for social innovation.
Other partners in the project include Al Azhar University, Assiut University, the German University in Cairo (GUC), and BidX, a Dutch company with extensive expertise in developing social business training.