KACST signs deal for women entrepreneurs

KACST signs deal for women entrepreneurs
Updated 19 July 2013

KACST signs deal for women entrepreneurs

KACST signs deal for women entrepreneurs

The King Abdulaziz City for Science and Technology (KACST), represented by Bader Technology Incubators, has signed a joint cooperation deal with Princess Madawi bint Musaid bin Abdulaziz Fund for the Development of Women (Deem Al-Manahil) with the aim of providing assistance to Saudi female entrepreneurs.
Princess Madawi and the CEO of Bader program Nawaf bin Atif Al-Sahhaf signed the agreement.
Commenting on the deal, Princess Madawi said the agreement will bolster cooperation between “Deem Al-Manahil” and Bader Program through the provision of training programs and financial support to projects presented by Saudi women. In addition, she added the program would seek to implant a culture of free work and bolster the development of small-scale enterprises in the efforts to encourage the participation of Saudi women in the national economy.
She also stressed the importance of planning and cooperation between the two parties in the field of entrepreneurship to serve the future generation.
On his part, Al-Sahhaf said the deal comes to highlight the leading role of KACST through Bader Program in supporting male and female entrepreneurs. Al-Sahhaf highlighted the important role Bader Program plays in providing the necessary facilities, which help entrepreneurs translate their ideas into successful investment projects, thereby diversifying income sources and creating more jobs for citizens.
The importance of the deal rests on its plans to provide training programs and specialized workshops for the launching of successful projects, the CEO added. He expressed Bader’s continued readiness to cooperate with diverse Saudi entities in a bid to assist creative generations of male and female entrepreneurs.