Student and Professor with the second place award in the "Innovative Youth Incubator Award”.

The German University in Cairo’s (GUC) entrepreneurship program “IMAGINE”, which is part of the DAAD-funded cooperation project “Developing Entrepreneurial and Management Skills among University Students” between GUC and Philipps-Universität Marburg (Germany) was awarded the second place in the “Innovative Youth Incubator Award” competing with more than 40 incubators from all over the world. The competition was organized within the “4th International Conference for Innovation and Entrepreneurship” in Toronto, Canada to showcase novel and innovative institutional incubators and similar initiatives that focus on the development of young entrepreneurs. A special book will be published including the cases of all top 10 incubators. The winners in order are: CSE Lab (Copenhagen School of Entrepreneurship, Copenhagen University, Denmark), IMAGINE (German University in Cairo, Egypt), IDEA (Northeastern University, USA).

The German Academic Exchange Service (DAAD) is currently supporting more than 40 cooperation projects between higher education institutions in Egypt and Germany.