Algerian government supports startups
Algeria is the largest Arab country in terms of area, and is located in North Africa and is considered its gateway, as it has a significant population.
Algeria's economy is also developing terribly and wonderfully, which makes it occupy an important position in the global economy, as the largest source of income for the state of Algeria is oil, gas and other internal resources. The Algerian government's interest in emerging companies is not slogans, but rather a reality.
Algeria cares about university youth and students from various training institutions and provides them with a suitable climate that suits the nature of their innovative and creative ideas.
First, what does the Algerian government provide for those with creative ideas and students?
- The Algerian government has recently created a special ministry called the Algerian Ministry of Startups and Knowledge Economy.
- It opened business incubators in all Algerian universities for university students.
- A partnership and agreement was made between the Algerian Ministry of Startups and the Algerian Ministry of Education and Scientific Research, to provide a suitable environment for young creative students, as well as granting them a major certificate for the specializations they are studying, as well as providing them with a subsidiary certificate that enables them to benefit from the privileges offered to them by the Ministry of Startups.
- Business incubators in various Algerian universities help facilitate the access of the idea of entrepreneurship to young people and enable them to study their projects and ideas and implement them on the ground, which contributes to the national economy and reduces the phenomenon of unemployment.
What did the Algerian Ministry of Startups offer to Algerian citizens?
The Algerian Ministry of Startups awards 3 marks dedicated to Algerian innovators and youth
The Innovative Project label is awarded to all categories, whether they are students pursuing their studies, newly graduated students, unemployed people, employees, or any citizen who has an idea about a project that he believes is a great and profitable project and idea.
Startup label is intended for owners of companies that are no more than 8 years old and have a legal commercial record, in addition to the number of their employees not exceeding 250 employees.
Business incubator label is dedicated to all business incubators that provide a suitable work environment for creators and innovators and provide them with training and education that contributes to raising their awareness of entrepreneurship and developing their projects. Granting this mark has conditions.
