Schneider Electric, a leader in digital transformation for energy management and automation, has announced the start of the Enactus World Cup qualifiers in Egypt on July 29 and 30, Invest-Gate reports.
This competition aims to empower young “Impact Makers” to drive positive change in their communities through entrepreneurship and innovation, as part of Schneider Electric’s “Sustainability Impact” program, which aims to train one million youth by 2025.
Moreover, teams from various Egyptian universities will participate, presenting innovative projects in energy efficiency, clean technology, sustainable agriculture, and circular economy. This year, Schneider Electric supports the local competition in five countries: Egypt, South Africa, Brazil, Nigeria, and Kenya.
Furthermore, the winning team will advance to the Enactus World Cup finals in Astana, Kazakhstan, on October 2, 2024, coinciding with the COP29 climate conference. Students from 33 countries will showcase their projects and compete for the Enactus World Cup, with opportunities to exchange experiences, share best practices, and network with business leaders and influencers.
Also, the partnership between Schneider Electric and Enactus aims to empower 108,000 young people to support their local communities, foster innovation, and acquire the skills needed for a just energy transition.
Schneider Electric believes in investing in future generations as part of its six long-term sustainability commitments, which include climate, resources, trust, equality, generations, and local partnerships. The energy sector is rapidly growing and evolving, projected to create approximately 139 million jobs by 2030, necessitating a qualified workforce.
Schneider Electric supports youth education and entrepreneurship programs in collaboration with Enactus through the “New Skills for Future Innovation” initiative. This reflects Schneider Electric’s commitment to fostering innovation and equipping young people with the skills needed for success in energy and beyond, positively impacting society.
Notably, Schneider Electric plans to expand the program to more countries in the future.