His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz, Deputy Foreign Minister, and Chairman of the Board of Trustees of the Centennial Fund grants the Prince Abdulaziz bin Abdullah Global Award for Entrepreneurship for the winners in six branches. His highness also will give the “Leading Entrepreneurship person of 2014” award to Professor Muhammad Younis, a Nobel Peace Prize winner in an event being held in Riyadh.
The awards ceremony coincides with the launching of the first Global Forum on Entrepreneurship, which will be held for the first time in Saudi Arabia under the slogan «Towards Global Entrepreneurship», in which about 500 local, Gulf and global experts are involved.
The forum is a prestigious event held once a year, carrying a number of important events including Prince Abdulaziz bin Abdullah Award for Entrepreneurship where he meets senior business leaders, intellectuals, journalists, investors, researchers and decision-makers. They all get the chance to meet through discussion sessions about the latest trends and challenges faced by entrepreneurs in the current stage.
Dr. Abdulaziz Al-Mutairi, General Director of the Centennial Fund and the General Secretary of Prince Abdulaziz bin Abdullah award for Global Entrepreneurship, said that the award to Professor Muhammad Younis, as the “best leader of Entrepreneurship” for 2014 came after his notable efforts in highlighting the culture of entrepreneurship. He also stressed on the fact that the Prince Abdulaziz bin Abdullah Award is the first on the global level to honor outstanding entrepreneurs and serves as a pilot program to encourage entrepreneurship. The event is held and designed to celebrate, appreciate and reward the owners of pilot projects in Saudi Arabia and the world.
He added that the number of nominations made by entrepreneurs reached about 600 candidates from 42 countries and the total value of prizes in all categories amounted to a million riyals. He stressed the importance of the role played by the International jury, where they chose winning candidates according to a studied and preapproved plan by the award secretariat. He explained that the winning projects are subjected to the assessment of the jury, which is composed of neutral experienced people in the field of projects inside and outside the of Kingdom.
Al-Mutairi talked about the role of the workshop program at the Global Forum on Entrepreneurship. He said that the forum will include several sessions that focus on enabling entrepreneurs to build global partnerships, the impact of innovation and technology on pilot projects growth, the role of international organizations in supporting entrepreneurship, the role of global entrepreneurship capital, and the environment which best attracts business investments.