Intel launches three entrepreneur programmes in Jordan
Agreements signed with three NGOs to provide young people with business skills and opportunities
Intel has signed three separate agreements to help build entrepreneurial skills among young people in Jordan.
The chip giant will partner with the Queen Rania Centre for Entrepreneurship (QRCE), INJAZ Al-Arab and Education for Employment (EFE), to deliver several Intel global programmes that are intended to give young people more access to entrepreneurial skills and mentorship, and to give them incentives and opportunities to launch their own businesses.
Ferruh Gurtas, corporate affairs director for Middle East, Turkey and Africa, Intel Corporation, said: "Entrepreneurship drives innovation and has the power to accelerate economic growth. At Intel we believe that by working in collaboration with governments, education institutes and NGOs we can help local communities develop a thriving entrepreneurial culture which in turn positively impacts society. When individuals are supported by education, investment, and infrastructure, they have the opportunity to obtain the skills, technology and resources they need to build successful businesses that drive innovation whilst additionally creating future employment opportunities."
Intel will deliver three global programmes to Jordan, the Intel Entrepreneurship Challenge, Intel Learn Program and Intel Youth Enterprise Program.
The Intel Youth Enterprise Program will be implemented with the QRCE, with the aim of giving students the chance to create solutions to real world problems, to develop innovation skills. They will also send the winners of the Business Plan Competition in Jordan to the Intel Global Challenge finals in the US in November this year, to compete for a $100,000 prize.
With Injaz Al-Arab, Intel is working on developing a portal to support the Intel Entrepreneurship Challenge, which will provide an easily accessible resource to promote entrepreneurship, financial literacy and business skills for would-be entrepreneurs.
The EFE has already begun collaboration with Intel on the Intel Learn Program, which aims to support micro-businesses. EFE worked on a pilot deployment of the program, giving training to twenty young people in Jordan, of who five have gone on to start their own businesses as a direct result of the program.
HRH Princess Sumaya bint El Hassan, President of the El Hassan Science City and the Royal Scientific Society said: "Tackling the issue of youth unemployment is a serious concern for governments in Arab World. It is important that we work together with the private sector to harness their knowledge and know-how, fostering growth and innovation amongst our youth. We believe that practical experiences combined with theoretical study are the best methods of inspiring an entrepreneurial culture and Intel Youth Enterprise program is a great combination of theory and practice."