500 million pounds to transform the ideas of students and researchers into productive projects in the country of innovation

Through the Innovation State, the state is moving to launch an integrated national path to support innovation and entrepreneurship, which is a path that aims to transform student research ideas and innovations into productive projects and emerging technological companies, within the framework of achieving the ninth goal of the sustainable development goals: industry, innovation and infrastructure.

To achieve this, the Innovation State Initiative will have a financing and investment portfolio worth 500 million pounds over three years, which will strengthen the link between scientific research and industry needs, support the localization of technology and deepen local manufacturing.

Egypt Forum 2026

The initiative comes within the framework of the direction announced by Dr. Mostafa Madbouly, Prime Minister, during the activities of the “Egypt Forum 2026”, towards establishing a sustainable national system for discovering innovators and nurturing their ideas, and accelerating the transfer of innovations from laboratories and universities to production lines and markets, which contributes to building an economy based on knowledge and innovation and enhancing its competitiveness.

Therefore, Dr. Abdel Aziz Qanswa, “Minister of Higher Education and Scientific Research, and Acting Minister of Culture,” confirmed that the Innovation State initiative represents an integrated path to support entrepreneurship, by mobilizing the capabilities of universities and research centers, integrating their roles with industry and investment, and benefiting from the financing and executive arms, most notably the Fund for Welfare of Innovators and Brilliant Persons.

The Minister then explained that the initiative includes a set of integrated paths to discover talent and incubate promising ideas, including the launch of:

• A national league for innovation among university students.
• “We Hear You” track.
• A program to support applied graduation projects.

The initiative also includes establishing a network of open laboratories that allow innovators to benefit from advanced research capabilities through free vouchers, while employing the capabilities of incubators and business accelerators to connect promising projects with factories and investors. This helps bridge the gap between developing ideas and the possibility of converting them into marketable and manufacturing products.

With regard to mechanisms Implementation: Dr. Abdel Aziz Qanswa pointed out that the initiative depends on identifying realistic challenges in cooperation with factories and development agencies, organizing graded competitions that begin at the university and governorate levels, then regional qualifiers up to the national finals, while providing financial and technical support to projects according to the stages of their implementation, the results of practical experiments and the extent of their readiness for industrialization, and seeking the assistance of experts, manufacturers and investors in evaluation and arbitration processes.

 500 One million pounds to finance innovation

The initiative aims to build this financing portfolio amounting to 500 million pounds over three years, distributed among 300 million pounds in government funding directed by the Ministry of Higher Education and Scientific Research and its funds, with an average of 100 million pounds annually; To support the development of prototypes, Laboratory services, applied graduation projects and research related to industry needs.

It also aims to attract an additional 200 million pounds in the form of parallel financing and joint investments from the private industrial sector, investment funds, and investor networks, thus strengthening the partnership between the state and the private sector in financing innovation, and linking opportunities to obtain support with the implementation stages and practical results of projects.

Intellectual Property Rights

Accordingly, the Ministry of Higher Education and Scientific Research is working within the framework of the initiative to enhance the use of the scientific and laboratory capabilities of universities and research centers, facilitate the establishment of companies emanating from them, protect intellectual property rights, stimulate research with applied impact, and expand the scope of joint financing with industry and investors.

Thus, the Innovation State initiative places financing scientific research and linking it to production and investment within one path, aiming to transform youth research energies and innovations into added economic value, and open the way for the emergence of national technological companies capable of developing industrial solutions and enhancing the presence of local technology in the markets in order to achieve Goal (9) of the Sustainable Development Goals: Industry, Innovation and Infrastructure.

From the economy of ideas to the economy of production

Therefore, the true value of the Innovation State initiative is evident through the size of its funding, and in the transformation that it seeks to bring about in the philosophy of dealing with scientific research and innovation. Because they are a cognitive activity that produces studies, research, and patents, in addition to being one of the engines of production Investment and economic growth.

And the bottom line of what you see The Earth Guards Foundation In this context, the deepest bet of the Innovation State initiative is to transform universities and research centers from institutions that produce knowledge only into active partners in building the productive and technological capabilities of the state, and to transform the energies of youth and researchers from a mere repository of ideas into an economic force capable of establishing new industries and creating opportunities. High value work.