Young Arab Leaders (YAL), the region's foremost development platform for business, public sector and civil society leaders, yesterday launched the "Entrepreneurship Initiative" for 2008-2009.
The initiative aims to nurture innovation among young, small and medium entrepreneurs in the region and provide them opportunities for training and networking.
Through the programme, the young men and women will learn from the experiences of other start-up and early-stage companies.
It will serve as a primary platform whereby small and medium entrepreneurs will be identified, their business plans assessed for capacity building training through a process of mentoring and adopting by more established companies in the region.
The Initiative is sponsored by The Dow Chemical Company through its charitable arm, The Dow Chemical Company Foundation, as part of its support for the "Arab and American Dialogue Programme" for 2008- 2009.
Speaking at the launch of the initiative Assem O Kabesh, CEO of YAL, said, "Through its programmes, YAL seeks to develop young talent in the Arab region. The objective of all our programmes is to provide young people with opportunities that will enable them to become dynamic, action-oriented leaders."
Applications for the programme will be invited through internet.
Chapter announcements, member and task force nominations will be assessed via a selection committee chaired by YAL officials.