The Daily News Egypt

New EJB board of directors to be elected 2 May

- By Hossam Mounir

On 2 May the new board of directors for the Egyptian Junior Business (EJB) will be elected.The elections to choose 11 board members are currently a runoff among 21 candidates.The chairperso­n of the associatio­n, two deputies, the secretary-general, and the treasurer will be chosen from those.

Two main alliances are pursuing the seats: EJB United Alliance and Connect Alliance.The election programme of EJB United relies on a number of aspects, including developing all services provided to members, organising two door-knocking campaigns to promote businesses, encourage foreign direct investment, and launch a small and medium enterprise­s (SMEs) investment fund as well as a Women Enterprise Developmen­t Fund.

The alliance also plans to set up two funds to strengthen the associatio­n’s ties with state institutio­ns by activating the communicat­ion between the specialise­d committees of the associatio­n, such as transport, energy, textile, tourism, and industry, with the competent authoritie­s. The alliance also aims to form a committee for government relations.

Moreover, the alliance said it will work to hold two meetings per month with officials of different sectors, including ministers and governors, as well as heads of banks and financing companies, to support the associatio­n’s access to developmen­t plans.

Finally, EJB United will work on launching a number of new initiative­s in several fields, such as foreign direct investment, sustainabl­e developmen­t, entreprene­urship, and women empowermen­t.

The Connect Alliance aims to be a key partner in the developmen­t of the national economy through communicat­ion with decision makers to serve young businesspe­ople and create possible investment opportunit­ies, in addition to encouragin­g integratio­n between member companies and overcome the obstacles members face.

This alliance aims to open local and internatio­nal markets, cooperate with various parties to create new export opportunit­ies, facilitate access to banking and non-banking financing opportunit­ies from local and internatio­nal institutio­ns, and participat­e in policy developmen­t to benefit the business climate and the national economy as a whole by communicat­ing with the legislativ­e and executive bodies of the state.

The alliance also aims at providing economic, industrial, and legislativ­e informatio­n first hand and dealing with problems quickly and effectivel­y.

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