Federation of Egyptian Chambers of Commerce - Digital Economy and Technology General Division

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City: Cairo

State: Al Qahirah

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Country: Egypt

Digital Economy and Technology General Division (ITFEDCOC) was established in 2000, as a semi-governmental organization, within The Federation of the Egyptian Chambers of Commerce. ITFEDCOC represents hundreds of companies operating in the technology domain in Egypt. Most of the member-companies are SMEs, entrepreneurs and startups. ITFEDCOC has 9 subdivisions that actively operate in the different governorates in Egypt. This is to maximize the outreach, and facilitate the cultivation of the entrepreneurship and innovation culture in rural areas in Egypt. ITFEDCOC mission is to help the Egyptian ICT industry -with a special focus on SMEs, entrepreneurs and startups- to grow, attain larger market share, exploit regional and international opportunities, and meet global challenges. Thus, ITFEDCOC develops -in cooperation with concerned governmental bodies, donors and civil society- national initiatives and projects that assist in clustering and developing ICT SMEs, entrepreneurs and startups, towards leveraging their competitiveness, innovation capacity and export readiness. These initiatives and projects cover areas related to corporate-business-technology strategic planning, capacity building, business development, local demand and export development, market awareness, and building of international strategic alliances networks. Moreover, ITFEDCOC believes that ICT could play a critical role in advancing the overall socioeconomic development in Egypt. Therefore, ITFEDCOC works on establishing and executing nationwide strategies and plans that target the increase of the technology utilization across the different social and business sectors and the decrease of the digital divide in Egypt, towards reaching the knowledge society. As well, ITFEDCOC develops a multitude of programs that aim at introducing the concept and practices of Green Technology to the different sectors in Egypt, towards and adopting them. Last, but not least, ITFEDCOC works to improve innovation, ventures formulation and entrepreneurship related policy and regulation, through advocacy practices.

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