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Empowering Innovation: Minister Kamel Baddari Oversees Startup Domiciliation and Highlights Algeria’s Vision for a Thriving Knowledge Economy

Empowering Innovation: Minister Kamel Baddari Oversees Startup Domiciliation and Highlights Algeria’s Vision for a Thriving Knowledge Economy
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BY: Dr. Hana Saada

Algiers, Algeria | December 1st, 2024 — In an event held at the Houari Boumediene University of Science and Technology (USTHB), Minister of Higher Education and Scientific Research Kamel Baddari presided over the formal domiciliation of five startups and presented certifications to five micro-enterprises. This initiative is a critical step in the strategic roadmap set forth by President Abdelmadjid Tebboune to establish 20,000 startups by 2029, a vision aimed at diversifying Algeria’s economy and fostering sustainable development.

Universities as Catalysts for Innovation

During his address, Minister Baddari underscored the pivotal role of universities as “the nurturing ground for an innovation-driven economy.” By fostering the establishment and advancement of startups, academic institutions are not only enhancing the entrepreneurial landscape but also actively contributing to national economic resilience.

Baddari’s visit included an inspection of the university’s consultation, research, and development office, startup hubs, the entrepreneurship development center, and the university’s incubator. Additionally, he toured an exhibition showcasing innovative projects, reaffirming the ministry’s commitment to fostering a culture of creativity and enterprise within Algeria’s academic and research institutions.

A Visionary Program for Economic Transformation

This domiciliation operation is part of a broader, ambitious national agenda to elevate Algeria’s knowledge economy. Through targeted programs, Algeria aims to integrate academia with industry, enabling young entrepreneurs to harness scientific expertise to solve real-world problems and generate economic value.

As the initiative progresses, USTHB and other leading universities are expected to play an increasingly influential role in nurturing talent, incubating ideas, and bridging the gap between research and commercialization. Minister Baddari’s active engagement in these efforts serves as a testament to Algeria’s steadfast commitment to positioning innovation at the core of its economic transformation strategy.

With these promising developments, Algeria is carving a path toward becoming a hub for innovation and entrepreneurship, demonstrating that education, science, and industry can converge to create a prosperous future.

 

 

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