Student startups approved to boost the national economy

16 March 2023

The Algerian Minister of Higher Education and Scientific Research, Kamel Bedari, has announced that 560 student projects have been authorised to become startups to boost Algeria’s socio-economic success at national level.

Bedari made the announcement during a visit to the University of Oran-2 Mohamed Ben Ahmed, accompanied by the ministers of Knowledge Economy, Startups and Micro-enterprises,Yacine El Mahdi Oualid, and of Post and Telecommunications, Karim Bibi Triki, reported the Algerie Presse Service, or APS.

The ministers had attended the opening of the first forum of startups in the space sector, held at the Algerian Space Agency’s Centre of Research for the Development of Satellites in Oran.

Announcing the 560 successful projects, Bedari said that they “will be equipped with all resources to transfer the ideas to marketable products, and drive the national economy” and emphasised that the ministry for knowledge economy would support the students in fulfilling this transformation.

Knowledge Economy Minister El Mahdi Oualid stressed the importance of encouraging an entrepreneurial spirit among young people, their innovative ideas and projects.

He said there was wide cooperation between his ministry and the higher education ministry to encourage and support qualified academics to set up their startups and contribute to the creation of employment and wealth, and praised the universities in Oran as “a reservoir of innovative ideas and startup projects” that had “benefited from experiences in the sector”, reported APS.

Bibi Triki emphasised the importance of startups in developing the economy, especially in telecommunications, and said this occasion of the first forum for startups in the space sector provided an opportunity to bring together young innovators whose projects could participate in the Algerian Space Agency’s next programme.

During their visit, the ministerial delegation also attended the inauguration of a new regional industrialisation laboratory; a technological platform for mechanical and robotic systems, intervention and services of the industrial technology research centre at Oran-2; as well as the launch of the university’s ‘Radio Web’ scientific network, reported APS. – Compiled by Jane Marshall

This article is drawn from local media. University World News cannot vouch for the accuracy of the original reports.

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