Students In Free Enterprise (SIFE) is an international non-profit organization that works with leaders in business and higher education to mobilize university students to make a difference in their communities while developing the skills to become socially responsible business leaders. Participating students form teams on their university campuses and apply business concepts to develop outreach projects that improve the quality of life and standard of living for people in need. An annual series of regional and national competitions provides a forum for teams to present the results of their projects, and to be evaluated by business leaders serving as judges. National champion teams advance to the prestigious SIFE World Cup. In addition to the community aspect of the program, SIFE’s leadership and career initiatives create opportunities for learning and exchange among the participants as well as the placement of students and alumni with companies in search of emerging talent.
SIFE in numbers
Country Operations: 39
Active Teams: 1,600
Active Students: 57,000
Team Community Projects: 6,500
Student Volunteer Hours: 5,700,000
SIFE Egypt in numbers
Year Founded: 2004
Enrolled Universities: 36
Active team count: 34
Active student: 2034
No. of team projects: 102
No. of team involvement: 326,627
People directly impacted: 80,699
With passion we create social change and try building a better world. By using our cultural diversity to our advantage we learn, inspire, and teach both in our local community and internationally.
Our mission is to bring together the top leaders of today and tomorrow to create a better, more sustainable world through the positive power of business.
I. Understand how a market based economic system operates
II. Acquire the education and skills training needed to succeed in a dynamic, competitive global economy
III. Learn how to succeed as an entrepreneur and/or improve an existing business
IV. Develop the personal financial management skills necessary to achieve financial independence
V. Make environmentally sustainable personal and business decisions
VI. Understand that the long-term success and prosperity of a market economy, businesses and individuals are dependent on ethical business practices
VII. How successfully did the team develop and execute a strategy to ensure the long-term sustainability of their team and educational programs
How does it work?
We have the man power (SIFErs) and the creativity but not the experience which we gain from our sponsors and the faculty advisors. We search for a good idea that full fill our three major criterions (social – economical – environmental) and then we do our research on those ideas till we a full plan that’s when we starts looking for new mentors to help us get our projects on their way for Implementation. Those mentors are our sponsors and faculty advisors.
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