26/12/2013
During the East Chamber Diwaniya Young Businessmen program
(Waed) Manger: studying the establishment of an incubator for manufacturing models and turn challenges into opportunities for technical service.
Executive Director (acting) of the Saudi Aramco company Center for entrepreneurship (Waed ) Jamal Al-Samih al-Nabulsi said more than 1,200 participants have completed their training in many different programs offered by the program for entrepreneurship from his vision to promote entrepreneurship to support growth and diversification of the economy and social development in the Kingdom. Al Nabulsi said by the business Youth Eastern Chamber Diwaniyah Wednesday evening December 25, 2013, the achievements of the loan program of the Centre 22 draft, noting that the amount of funding currently approved 67 million, adding that 50 projects awaiting support after completion of the study. During the meeting, al-Nabulsi said that total investments that support an aggressive capital program in a 90 million number 10 investment partnerships, stressing that 18 new partnership currently under evaluation.
He said about the Center that it is currently evaluating potential investments for 10 small and medium-sized companies in the forefront of chemical conversion within the program of support for manufacturing and service companies active in the energy field. AlNabulsi submitted during the meeting which saw the reaction in the presence of a number of young businessmen and entrepreneurs and entrepreneurs in both men and women at the East Chamber a definition of incubators and role in supporting and sponsoring technical projects, and how to receive requests for innovators, and promising efforts in providing different facilities that help young Saudis to turn their ideas into successful business technology projects contribute to the diversification of income sources and create more job opportunities for Saudi youth in addition to sentient d distinctive and soft loans, an aggressive investment, energy facilities, and entrepreneurial environment. Al Nabulsi said that and supports many areas of focus on diversifying the economy comes most notably: information technology, health care, energy, manufacturing, chemicals, education, supply chain, energy, solar, and energy service companies, and other innovative industrial opportunities.
And about the support AlNabulsi said, we provides comprehensive support through loans depending on ageing mechanism of funding by attracting then sorting and selection, after training, and then design a plan of action and, finally, check and make sure, either after funding begins another mechanism include guidance, direction and support for the expansion of facilities, and features comprehensive support for distinctive business ideas leading to diversify the economy and create jobs. And on supporting the development of entrepreneurial environment AlNabulsi said that prepared in cooperation with the relevant authorities varied and complementary support for entrepreneurs and SMEs contribution to achieving progress and development of projects through a mutual attraction for entrepreneurs to take advantage of the core competencies and experience sharing to increase performance and provide assistance in overcoming obstacles and challenges.
And about the aspirations of the Center in the next five years, he said: our aim is to reach 250-funded project to provide 3,500 jobs for Saudis supported up to billion, adding that promising to establish an incubator for manufacturing models which is the first of its kind in the region in addition to the technical challenges in converting to a manufacturing or service opportunities innovative by global competition. Finally honored by the Assistant Secretary-General for Economic Affairs in the Chamber, Executive Director (acting) of the Saudi Aramco company Center for entrepreneurship (Waed) Jamal bin Samih al-Nabulsi in Memorial shield in the presence of the President of the Executive Board of the young businessmen, Ahmed Al-muhaidib.
