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Knowledge Economic City Saudi Arabia Partners to Train Entrepreneurs

Knowledge Economic City Al Madinah (KEC) and Microsoft have formed a strategic partnership to train and nurture entrepreneurs. The main highlights of the partnership include establishing a Microsoft academy to train Saudis on the basic utilisation of technology. Complementing the academy will be a Microsoft library with IT books, trial software and other learning material.

The agreement will also drive the formation of incubators to provide young entrepreneurs with an encouraging environment to establish healthy and promising businesses and thrive within a knowledge economy.

KEC Al Madinah is the new base for knowledge-based industries and spreading knowledge,” KEC chief executive officer Tahir Bawazir told reporters at the press conference on the occasion of the signing of the agreement.

The accord was signed by Bawazir on behalf of KEC and Dr Khaled Al Dhaher, general manager for Microsoft in Saudi Arabia.

“The important thing about today’s announcement is really the beginning of a very strategic collaboration to bring the value of leading edge technology to the region”, said KEC chief technology officer Mohammed Shah.

Dr Al Dhaher said: “At Microsoft, we have always believed that one of the most important aspects of technology is its potential to help create social and economic opportunities. This strategic partnership with KEC will help propel local scientific and technological innovation as new ideas create new businesses and new jobs, improve productivity, and enhance human welfare. Building local capacity for innovation and entrepreneurship is essential for people of Saudi Arabia to participate in the success of a knowledge economy.”

“With the help of Microsoft, one of the world’s leading software solutions providers, KEC will become a new hub where future innovators will be able to develop their ideas, grow, and become tomorrow’s scientists and technology leaders of the Islamic world,” said Bawazir.

The Microsoft Academy will provide access to Microsoft’s experts and a network of partners they will be able to bring to operate the academy.

“As for the incubators, young Saudis who have an entrepreneurial spirit, who are excited by research and development and who have a passion for using technology as a business base, now have the sky as the limit. Even those who are already in business would be able to participate in incubator and research and development because every business wants to continuously innovate to stay competitive,” Bawazir said.–via TradeArabia News Service

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