SR1m for top Saudi, global entrepreneurs

SR1m for top Saudi, global entrepreneurs
Updated 30 September 2014

SR1m for top Saudi, global entrepreneurs

SR1m for top Saudi, global entrepreneurs

The Centennial Fund's (CF) Global Entrepreneurship Award will be announced next month to honor the most promising and established entrepreneurs of the world.
Prince Abdulaziz bin Abdullah, deputy minister of foreign affairs and chairman of the CF's board of trustees, will host the event, and hand out over SR1 million in prize money.
Those present would include 2006 Nobel Laureate Muhammad Yunus, president of the microfinance Grameen Bank, said CF’s head Abdul Aziz Al-Mutairi.
He said the prize ceremony would coincide with the launch of the first World Conference on Entrepreneurship, and the start of the third World Global Week's events for entrepreneurship guidance.
Al-Mutairi, who also acts as secretary-general of the award, said it honors outstanding entrepreneurs and encourages pilot projects. “It is designed to celebrate the owners of pilot projects in the Kingdom and the world through recognition and reward,” he said.
"The launch of the award is a continuation of the efforts of the Kingdom's leadership to help young people realize their ambition and shape their own future."
Al-Mutairi underlined the role played by the international jury in all branches of the award. The winning projects were evaluated by members of the jury consisting of experts from the Kingdom and abroad.