21 complete MBRF’s entrepreneur training
Dubai, November 25, 2009
Twenty-one trainees from Lebanon, Syria, Jordan and the UAE have completed a one-week programme in entrepreneurship from an initiative set up by the Mohammed bin Rashid Al Maktoum Foundation (MBRF).
The first batch of trainees gained key insights for turning their entrepreneurial ideas into sustainable business ventures, a statement said.
The programme was hosted by the Regional Academy for Young Entrepreneurs (RAYE), a joint initiative of the Foundation and the Beirut-based Berytech Technological Pole at the latter’s premises in Beirut.
The event was attended by Sultan Lootah, Vice-President – Entrepreneurship and Employment sector at the Foundation, as well as senior officials from both organisations.
“This is the first of a series of programmes conducted under the aegis of the RAYE initiative,” said Adel Al Shared, Vice-Chairman and Managing Director of the MBRF.
“We hope young entrepreneurs who attended the programme will take with them the essence of their learning as well as the feedback they received from the jury, and incorporate the critical analyses into their own projects.
“The project concepts that the participants presented to the jury were impressive, and we hope they will continue to develop and refine them in order to be successful.”
Maroun Chammas, president of Berytech Technological Pole, said: “Berytech will always be available to follow-up on the proposed projects, and we invite all participants to reach out to us for any assistance.
“We applaud the support extended by the Mohammed bin Rashid Al Maktoum Foundation for promoting entrepreneurship. We are also delighted to announce that our next joint initiative with the Foundation - the second edition of the Entrepreneurs Forum - will be held in Beirut from March 3 to 5 next year.”
The five-day RAYE programme comprised several workshops in which a team of business leaders and professors guided the trainees through modules spanning basic entrepreneurship skills to planning and structuring sales, business opportunities identification, marketing tactics, strategic branding, business planning, building financial projections, financing start-ups and enhancing presentation skills.
At the end of the workshop, the trainees presented their business ideas to a panel of jurors who grilled them about various aspects of the projects including feasibility, viability, strategy and profitability. – TradeArabia News Service