Training program launched for Saudi youth

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Updated 09 June 2020

Training program launched for Saudi youth

  • Courses will begin on June 21 and continue until Aug. 13

JEDDAH: A new training program to support entrepreneurship among Saudi youth will teach participants important steps in starting a business.

As part of the Kingdom’s drive to increase the role of small and medium enterprises in the economy, Neom, a planned cross-border city that aims to use smart technologies for a sustainable ecosystem, and the Misk Academy, an organization dedicated to youth empowerment and investment in local communities, have launched SPARK, a program that aims to attract investment in human capital development and advance the non-oil economy.

Through a series of programs and initiatives endorsed by GEN Saudi, the global entrepreneurship network, SPARK, Neom and the Misk Academy will work together to teach young professionals skills for the new economy, support business growth in provincial regions, and increase business opportunities outside main cities.

The program was co-created with industry leaders and experts in entrepreneurship.

HIGHLIGHTS

• The program aims to teach participants important steps in starting a business.

• It has been co-created by industry leaders and experts in entrepreneurship.

• It will include online classes to help participants refine their business plans.

SPARK will include online classes to help participants refine their business plans and expose them to winning pitches from some of the world’s most successful startups. Saudi youth participating in the six-week course will learn how to create strong business strategies and investor pitches.

Experienced executive coaches will guide students through the critical process of refining an idea, building a business model and articulating a pitch. At the end of the program, students will present their business idea to a panel of judges from Neom, the Misk Academy, and the Small and Medium Enterprises General Authority (Monshaat).

Registration for the program continues until June 13. Courses will begin on June 21 and continue until Aug. 13. Interested people can visit the Misk Academy’s website for details.


Hi-tech warehouse opens in Saudi Arabia to serve health sector

Updated 24 September 2020

Hi-tech warehouse opens in Saudi Arabia to serve health sector

JEDDAH: The Public Investment Fund’s National Unified Procurement Co. (NUPCO) has opened a new automated warehouse in King Abdullah Economic City that provides comprehensive distribution and storage for the state health sector.
This is part of NUPCO’s efforts to support the health sector and provide smart supply chains and high-quality logistical services in a partnership agreement with a pioneering private company.
The warehouse is one of NUPCO’s largest warehouses in the Kingdom, with an area covering 300,000 square meters. It is fully automated, with the latest technologies and advanced logistical services.
Fahd bin Mohammed Al-Shebel, the CEO of NUPCO, said that the warehouse represented the strategic partnership between NUPCO and private sector companies for public health facilities at its best.
It will provide advanced medical services and contribute to the health of the Saudi community.
He noted that after the new coronavirus (COVID-19) pandemic NUPCO equipped the warehouse in record time to increase the level of support for health facilities.