SABIC expands its research capabilities with IITB-Monash

Updated 28 August 2013

SABIC expands its research capabilities with IITB-Monash

SABIC Research & Technology Private Limited (SRTPL) has signed a multi-year strategic partnership agreement in the southern Indian city of Bangalore with one of the world’s leading research academies, the Indian-Australian IITB-Monash.
This partnership will pave the way for close collaboration in multiple research projects, allowing both organizations to mutually develop advanced technologies into innovative solutions that meet global needs and demands in a number of areas that benefit society.
The scope of collaboration will extend to all of SABIC’s technology and innovation centers worldwide.
Commenting on the partnership and how it will enhance SABIC’s capabilities of ingenuity and innovation worldwide, Ernesto Occhiello, SABIC’s EVP-technology and Innovation, said: “SABIC understands that innovation is critical to achieving the goals of our sustainability strategy and to helping societies around the world achieve theirs.”
Occhiello said: “SABIC’s global partnerships in technology and innovation are central to the company’s growth plans and this latest agreement with IITB-Monash represents an important step forward in our global commitment to advancing technologies and responding to the needs of society across a range of technology sectors.”
This partnership is as an expansion of SABIC’s existing relationship with IITB-Monash, and will deliver a much closer relationship that will enable the world class research teams of both organizations to work together in their respective joint research areas.
SABIC’s partner, IITB-Monash, is based at the Powai campus off IIT Bombay and operates as an independent, autonomous research institution. It attracts the best talent — students as well as academic and research staff — to work on goal directed, cross-disciplinary grand challenges.
Commenting on the cultural similarities between the two organizations, Frank Kuijpers, SABIC General Manager for T & I highlights said: “At SABIC, we empower our people and reward them for innovative and pioneering work undertaken collaboratively with our customers and research partners. IITB-Monash has a similar “can do” culture to SABIC and we look forward to embarking on this new journey with them.”

360-degree mentoring to boost Saudi social enterprise sector

Updated 23 May 2019

360-degree mentoring to boost Saudi social enterprise sector

The King Khalid Foundation (KKF) and Mowgli Mentoring have collaborated to strengthen the growing social enterprise sector in the Kingdom through the provision of 360-degree mentoring, which will support the personal and professional development of social entrepreneurs. The EMCC-accredited mentoring organization is working to built the capacity of Saudi mentors by instilling best mentoring practices and sharing experiences from its 10-year work around the world.

Globally, the concept of social entrepreneurship is increasingly gaining momentum and positive attention as it combines commerce with social good, allowing entrepreneurs to go beyond profit to positively impact communities and societies. Supporting these entrepreneurs, therefore, is in line with the KKF’s vision, which is to have a Saudi society with equal opportunities.

The KKF’s collaboration with Mowgli resulted in the creation of the Athar (Impact) Mentoring Program.

This program aims to build and increase the capacity of Saudi mentors, and equip them with the necessary tools to be able to provide mentorship, support and guidance to social entrepreneurs in the Kingdom. Matching mentors with social entrepreneurs and managing their mentorship relationships is a key benefit of the program.

To commence the mentoring program, Mowgli recently delivered a four-day workshop in the KKF premises in Riyadh. Fourteen professionals and business leaders received training to be 360-degree mentors before being matched with 14 social entrepreneurs. Both groups were provided with the guidelines to build solid foundations for their 1-2-1 mentoring relationships. In addition, the matched pairs will be supported over a duration of six months, during which structured on-going support will be provided to ensure that trust-based and impactful mentoring relationships are developed.

Mowgli Mentoring’s CEO Kathleen Bury said: “We see this program supporting the three themes on which the Kingdom’s Vision 2030 was built upon: Developing a vibrant society, a thriving economy and an ambitious nation. By supporting social entrepreneurs, we’re working toward achieving the Kingdom’s economic aspirations of increasing SME GDP contribution by 20–30 percent by 2030. We are, therefore, excited to be back in Saudi Arabia and are honored to be working with the King Khalid Foundation in delivering this program, and building Saudi Arabia’s mentoring capacity to sustainably support change-makers and their surrounding ecosystems for years to come.”

The key to developing entrepreneurship and fostering economic development lies in having a well-balanced ecosystem with equal investment in four key pillars: Environment (schooling, parenting), finance (working capital, debt and equity financing), infrastructure (incubators, accelerators, utilities and sound legal frameworks) and human capital development (mentoring, skills and knowledge development). Mowgli supports the latter and has successfully delivered more than 110 mentoring programs across the Middle East, North Africa and sub-Saharan Africa.