Addis Ababa, Deputy Prime Minister and Foreign Minister Demeke Mekonnen has launched Next Ethiopian Startup (NEST) initiative today.
Launching the initiative, Demeke noted that technology is crucial for realizing development ambitions and building strong nation.
NEST is a great opportunity for a country like Ethiopia and its huge population to overcome poverty and be competent at the global level, it was learned.
Accordingly, NEST is a groundbreaking national startup ecosystem development initiative which will be a central element for the startup innovation.
The need for policy and financial support to startups was also stressed during the occasion as they are instrumental to expedite economic development by creating sustainable jobs.
The NEST was launched in collaboration with Ministry of Innovation and Technology and Ministry of Labor and Skills as the objectives of the initiative include building the culture of entrepreneurship, innovation and creating competent startup.
Source: Ethiopian News Agency