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    ITIDA Organizes a Forum for Capacity Building Program – Grow it

    Date published: 12 March 2009

    The Information Technology Industry Development Agency (ITIDA) is holding today a forum on its capacity building Grow it in the Smart Village.

    The Program aims to raise the global competitive edge of Egyptian IT companies. The three-year program aims to prop up the competitive capabilities of 100 companies, which in turn helps improve their performance and increase their share of the domestic market as well as their exports. The program also helps companies to invade new markets and rise their abilities to keep up with the fast-paced IT industry.

    The program comes as part of Egypt’s national strategy of increasing the country's exports of IT products and services as well as enabling Egyptian companies to compete worldwide.

    The Egyptian ownership of the companies qualified to register for the program must be not less than 50%. The companies must be located in Egypt where the employees on the payroll represent at least 80% of the total workforce. Also a minimum of 10 employees at each company must be full timers.

    There are 11 criteria for selecting the companies, in which every one of them include a number of grades. Companies will be listed based on the grades they acquire.

    The selection criteria are: the employees' share of the total revenue of the company and that of exports, the company's revenue development rate over the past three years, the percentage of the Egyptian ownership in the company, last year's profit, patents the company acquired, any granted certificates and the authentication by multinational companies of these certificates, the total revenue of exports, the company's overall revenues and finally the years of experience acquired since the establishment of the company.

    The program consists of three basic stages. The first phase is the selection and the registration of the company in the program.

    The implementation phase begins in April 2009 and lasts till June 2011. This phase is divided into two parts; the first has to do with the evaluation of each company following international standards and best practices related to the company's field.

    The evaluation aims to identify the relative size of the company and prepare a detailed report on it, specifying priorities to interfere in developing its potential and setting a complete plan for every company.

    The second part of phase two focuses on the execution based on the plan set for each company conforming to the best practices and international standards.

    The final stage is that of evaluation and the finalization of the program. The two-month stage encompasses a review of the program progress over its different phases and a follow up on the results with the companies enrolled in the program.

    ITIDA Deputy CEO Ms. Zeinab Zaki confirmed that all the data and information the companies present to ITIDA are protected by a confidentiality law.

    The program is carried out in cooperation with Atos Origin, an international IT service firm. Atos Origin will lead an international consortium composed of Hewitt Associates, Arthur D. Little, the Indian QAI and Community and Institutional Development (CID) to offer consulting services to the selected companies.

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