H.E. Mr. Ziad Al-Bassam, Vice Chairman of the Chamber of Commerce of Jeddah explained that the chamber will begin to apply the Australian experience in entrepreneurship in support of projects and initiatives, and overcome the obstacles to pave the way to success, this was at a press conference held at the Jeddah Chamber of Commerce on Wednesday, November 25th 2015 in the presence of Mr. Camille Gereis; Business Development & Affairs MENA Manager, Australian Chamber of Commerce.
Heading the competition is Her Excellency Ms. Sarah Al Ayed; H.E. explained that the competition seeks to highlight small projects and market development and improve ideas and that the goal is to create opportunities for the advancement of the labor market and provide an opportunity to all who wish to compete from all regions of the Kingdom.
H.E clarified the competition’s mechanism of action where it will be divided into three selected categories based on the needs of the labor market:
- Social entrepreneurship.
- Production and Manufacturing
- Development of education and health.
To take part one must first submit the online application through www.jem-yie.com once passing the assessment phase, 30 contestants that are selected go through multiple workshops and training sessions supervised by Qutuf for Training and Effat University until they reach the final stage where a sum of more than 375 thousand Riyals has been allocated for the first three winners (100 thousand for each category), additionally the finalists will be supervised and guided for the duration of 18 months from the commencing of their projects.
Furthermore another three semifinalists (most outstanding), will be chosen and given 25 thousand Riyals each and 18 months of guidance and counseling.
Business woman Ms. Noha Yusof; Chairperson of the Women Youth Business Committee in Jeddah Chamber of Commerce, talked about the major challenges faced by the projects; and in a response to Arab Woman Mag representative in Jeddah Mrs. Maha Saleh, on what needs to be done to encourage Saudi women to compete, even from the comfort of their homes to make use of their true potential and help change their life for the better which in turn will have a positive impact on the community, she replied,
“We have to focus on raising awareness and share experiences and exchange projects and the adoption and development of cooperation in a positive environment, including ministries and decision-makers, and this is the core goal of the competition.”
Mr. Mohamed Sweileh; Chairman of the Committee for Youth in Business Jeddah, also spoke on the need to ease obstacles in front of entrepreneurs to assist in the completion of productive projects and that any entrepreneur needs three things for success that can be expressed in three words,
(Guide me, teach me, facilitate for me).
The signing of a cooperation agreement between (Aqaal Group) and Jeddah Entrepreneurship was signed by Mr. Mohamed Fitaihi and H.E. Sarah Al Ayed.
King Khalid Foundation
Jeddah Chamber of Commerce
Partners and sponsors
Arab Women Mag
Radio AAA M
FM Radio Jeddah Saudi Prodcast
For more information go to http://jem-yje.com/