100 National Investors in the Launch of the first Saudi Startups Forum in Jeddah
by IT Budur
Under the sponsorship of the Advisor to the Custodian of Two Holy Mosques, Emir of Makkah HRH Prince Khalid Al-Faisal, the Deputy Emir of Makkah HRH Prince Abdullah bin Bandar bin Abdul-Aziz will launch the First Saudi Forum for Startups organized by Umm Al-Qura University represented by Wadi Makkah Company with the participation of leaders of the legislative and regulatory bodies invoved in achieving theobjectives of the National Trabsformation Program 2020 and the Kigdom Vision 2030 in the period from Safar 15 to 17, 1439 H corresponding to November 4 to 6, 217 at Ritz Carlton Hotel in Jeddah.
Meanwhile, President of Umm Al-Qura University, the Chairman of Board of Directors of Wadi Makkah Company Dr. Bakri bin M’atooq bin Bakri Assas said that sponsorship of the Advisor to the Custodian of Two Holy Mosques HRH Prince Khalid Al-Faisal and the opening of this forum by his deputy comes out of their nobe interest in such forums and acitivites which serves the nation and will have advantages and bebefits to citizens.
He then lauded the support provided and still to Umm Al-Qura University by the Custodian of Two Holy Mosques King Salman bin Abdul-Aziz, the Crown Prince and personal follow-up of the Advisor to the Custodian of Two Holy Mosques, Emir of Makkah HRH Prince Khalid Al-Faisal in addition to the support of the Minister of Education Dr. Ahmed bin Mohamed Al-Ieesa to make Umm Al-Qura amongst the leading universities at the international level.
He explained that the forum will witness participation of decision makers, experts, local companies with international reputation to contribute effectively to achieving sustainable development in line with the kingdom vision represented in its ambitious 2030 vision to support national and knowledge-based economy, regional leadership, expand production base through entrepreneurship and creating environment incubating creativity, knowledge and technological innovation.
He added that the forum will save much effort for entrepreneurs and founder of startups and will bring them together with the investors and funders to support national projects and open the way for small and medium startups to take their role in the national economic.
He further pointed out that the forum will focus on business incubators and accelerators and the role of universities and institutes in harnessing research to support transformation to knowledge-based economy, empower startup companies in the era of technology and challenges, share experiences, transfer knowledge by entrepreneurs and founders of startups, adding that the forum will wintness participation of more than 200 startups and 100 national investors.
He concluded his speech saying “Thanks to Allah in the first place and then to the rulers under the leadership of the Custodian of Two Holy Mosques King Salman bin Abdul-Aziz, the heir apparent for the noble patronage and generous support provided for whatever serves nation and citizen. He also extended his thanks to the Advisor to the Custodian of Two Mosques, Emir of Makkah region for his directives and permanent follow-up of the university programs and to his deputy Prince Abdullah bin Bandar bin Abdul-Aziz for his honorable presence in the opening ceremony of the first Saudi forum for startups organized by Umm Al-Qura University represented by its investment arm Wadi Makkah Technology Company. He also extended his thanks to the Minister of Education Dr. Ahmed bin Mohamed Al-Issa for his direct support provided for the university and its scientific and educational programs.
It didn’t escape his notice also to extend his sincere thanks and appreciation to the UQU Vice President for Development and Entrepreneurship, the Deputy Chairman of Board of Directors of Wadi Makkah Company and the Deputy Chairman of the Forum’s organizing committee Dr. Hani bin Osman Ghaz, the CEO of Wadi Makkah Dr. Faisal Al-Alaf and all the members of the organizing committee and its sub-committees and all their staff for their blessed efforts to make the forum a success praying Allah to grant them success and to make the forum achieves the sought-after objectives. Represented in transferring, localizing and developing technology besides contributing to developing knowledge-based economy.
Source: Sabq Newspaper
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