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The SEKEM Group of Companies is a part of the SEKEM Initiative founded in 1977 by Dr. Ibrahim Abouleish to strengthen Sustainable Development in Egypt by producing, processing, and marketing Organic and Biodynamic foodstuff, textiles, and phyto-pharmaceuticals in Egypt, the Arab World, and on international markets. SEKEM has been widely praised as an “Egyptian organic pioneer” and has received the 2003 Right Livelihood Award (“Alternative Nobel Prize”) as a „Business Model for the 21th Century” and an “economy of love”. With part of their profits the SEKEM companies co-finance the social and cultural activities of the SEKEM Development Foundation that runs, among others, schools and a Medical Centre. In 2012 Heliopolis University for Sustainable Development have been opened under the umbrella of SEKEM Initiative.