Al-Sodia: Prince Abdul Aziz bin Abdullah Award for Global Entrepreneurship 2014

Al-Sodia: Prince Abdul Aziz bin Abdullah Award for Global Entrepreneurship 2014

His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz, Deputy Foreign Minister and Chairman of the Board of Trustees of the Centennial Fund, delivered a speech during the ceremony in which he stressed that the achievements of the Fund, at the local, Gulf and international level came from the support and attention of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud. The Fund's objectives is a part of his highness vision to support the development of the economy and youth leadership work and to create the best environment for the growth of small and medium enterprises.

His Highness said during the ceremony that was held yesterday at Riyadh that this generous support from the Custodian of the Two Holy Mosques has led the Fund to succeed in achieving the Gulf prospects through the creation of the “pioneers and youth Gulf Business Federation. It also helped achieve the global outlook through the establishment of an alliance of entrepreneurs youth at the Group of Twenty G20. He stressed that the fund will continuously work in the embodiment of the wise vision to be a tributary of the youth service and entrepreneurship for building the future.

He added that the Global Award for Entrepreneurship in its second season is only the result of the effort and creativity of the winners in the field of entrepreneurship. Entrepreneurship now has an active role in the economic growth and social stability, through creating job opportunities and fighting unemployment. He continued saying, "From this point stems the importance of supporting and encouraging the culture of entrepreneurship and this award plays a part in triggering creativity and leadership.”

He indicated that through its vision and its ambitious policies the Centennial Fund seeks to create a new generation of young men and women bringing creativity, innovation and diversity into the society and developing the service industry. He also said that the Fund was keen on bringing greater vitality and effectiveness in this year’s occasion by organizing the Global Forum on Entrepreneurship with the participation of many entrepreneurs and experts from home and abroad.

The Deputy Foreign Minister and Chairman of the Board of Trustees of the Centennial Fund prize congratulated the winners of the six categories of the prize for what they accomplished in addition to congratulating Professor Muhammad Younis for winning the “Personal Leadership Award for Entrepreneurship” for 2014.

In conclusion His Highness said, “We are celebrating the success of the Centennial Fund on the occasion of 10 years of its founding. I would like to thank the strategic partners of the Fund including Saudi Credit and Savings, and the Human Resources Development Fund, Inc. SABIC and all those who participated in the ceremony, both from Saudi Arabia or from abroad. I would also like to renew my congratulations to the winners and thank the secretariat of the award for their fruitful efforts.”

On the other hand, Dr. Abdulaziz bin Hamoud al-Mutairi, General Director of the Centennial Fund and the General Secretary of the award, said in a speech that the event is in efforts to promote the concept of entrepreneurship, the development of creative ideas and encouragement of entrepreneurship, as well as the development of entrepreneurial competencies and skills.

Al-Mutairi reported that the number of nominations made by the entrepreneurs to the of award Prince Abdulaziz bin Abdullah Global Entrepreneurship were about 600 candidates from 42 countries, where a team of specialists in the field of entrepreneurship made assessments to the candidates in accordance with the highest international standards. The prize included six basic categories including the category of best existing project, and the category best plan of action, and the category of best project idea, and the category of the best guides, and the category of the best guide, and the category of the best entrepreneurs.

He added, “We will work to achieve the desired goals of the prize to contribute to the local and global community service and the advancement to the better.”

He explained that the Global Forum on Entrepreneurship is one of the global fund initiatives, which works in efforts to promote the continued awareness of entrepreneurship, and to assess current trends in entrepreneurship to help shift the national economy to a sustainable one. In addition, it highlights the role of emerging companies to raise competitiveness and contribute to growth levels.

Al-Mutairi indicated that the fund in previous years adopted 4186 projects in collaboration with partners. They were provided care services to more than 2238 projects and contributed to the employments of more than 5400 to actual jobs. These jobs were provided in more than 200 towns and villages throughout Saudi Arabia by more than 40 branches and offices staffed by 262 employees, particularly as 64% of the projects are outside the major cities. In addition the entrepreneurs ratio of females hit 21%.

The ceremony was attended by Prince Abdul Aziz bin Abdullah and adopted by the Centennial Fund and aiming to gather entrepreneurs, financiers and supporters, suppliers and government agencies and educational institutions through a single system, allowing to the building of strong relationships within the entrepreneurial community.

His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz honored the winners where Lujaine Mohammed Talat al-deen Aljbawi of a Syrian nationality was given the Best Business Plan Award, Yusuf bin Mahmoud bin Yousef JamJoom of a Saudi nationality was given the Best Business Plan Award, Amal Sulaiman Abdul Rahman Romaih of a Saudi nationality was given the Best Business Plan Award, Sarah bint Abdel-Razak Taaan Otaibi of a Saudi nationality was given the Best Entrepreneur Award, Amina Abdul Majid Yusuf Hawwaj a Bahraini citizenship was given the Best Entrepreneur Award, Fedaa Issa Moussa Abu Turki of a Palestinian nationality was given the Best Entrepreneur Award, Abshik Jarodia of a British nationality received the Best Idea for a Project Award, Ayman Najeh Naji Arndi of a Palestinian nationality received the Best Idea for a project Award, Khalid bin Saeed Saleh Zahrani, of a Saudi nationality received the Best Idea for a project Award, Amer Bikvch of the Republic of Bosnia and Herzegovina received the Best Entrepreneur Mentor Award, Tarek Hussein Kamel Mansour, of an Egyptian nationality received the Best Entrepreneur Mentor Award, Tamer bin Ahmed bin Hassan Al-Frashwti of a Saudi nationality received the Best Entrepreneur Mentor Award, Mohammed Abdul-Hussein Sheikh Khalaf Al Asfour of a Bahraini nationality received the Best Existing Project Award, Khalid Waleed Khalid Khudair of a Saudi nationality received the Best Existing ProjectAward, Nasser Mohammed Saleh Al-Mulla Al-Jasmi from the United Arab Emirates received the Best Existing Project Award and the Asmaa Abdul Ghaffar Khalil Ghaith of an Egyptian nationality received the Best Entrepreneur Mentor Award.