The Innovators Support Fund, affiliated with the Ministry of Higher Education, announced the Gen-Z competition, sponsored by the Ministry of Higher Education and Scientific Research. It is the largest competition among Egyptian university students in scientific research, innovation and entrepreneurship, with funding and support amounting to 100 million pounds.

The competition aims to spread the culture of innovation and entrepreneurship among Egyptian university students from all different scientific disciplines; who have innovative ideas or community initiatives that address the difficulties and challenges of society, and provide them with support to establish start-up companies based on innovative ideas, and urge innovative students and entrepreneurs at Egyptian universities from all different scientific disciplines to establish their start-up companies, who have innovative ideas or community initiatives that address difficulties and meet market needs and overcome existing challenges.