INJAZ Qatar recently held an event for the 2018 edition of its Company Program competition for students, designed to assist young and upcoming entrepreneurs by allowing them to experience the full life cycle of a establishing, managing, and dissolving a company in a safe environment.
The launch event provided the new batch of entrants, with the information and assistance they require to compete in the competition. The company program fosters opportunities for the youth of Qatar to set up, develop and run their own businesses, under the expert guidance and mentoring from local business leaders.
The Company Program is organized by INJAZ Qatar each year, to teach entrepreneurship, work readiness and financial literacy skills to students ranging from grade 10 to university level, by providing them with a unique opportunity of establishing and running a real company. During the Program students experience the entire life cycle of a Start-Up venture as they develop a business idea, devise business plans and produce and sell a product or a service.
Boeing and INJAZ Qatar have been partners since 2011 with the aim of empowering young Qataris to become future leaders in an increasingly competitive economy. Thanks to INJAZ Qatar’s drive and Boeing’s sponsorship of the program at University level, 150 participants have signed up for the 2018 edition. The reward for the winning team is complete funding for their Start-Up from Boeing. Eight companies have already been established thanks to the partnership between Boeing and INJAZ Qatar.
The Company Program culminates in Mubadara, the Competition and Awards Ceremony, where the local winners are announced. The winners from Qatar will then progress on to a regional competition, as one of fourteen teams who have won their respective country titles, and who then compete for the regional Company Program accolade.
INJAZ Qatar’s CEO, Emad Al Khaja said: “I’m looking forward to seeing great ideas coming to life through the program as I know we have been able to inspire the students through this event. A big thank you to the Ministry of Education for showing their support to INJAZ Qatar and my sincere appreciation to Boeing for sponsoring the program at the University level and to ExxonMobil the platinum Sponsor for the upcoming Competition.”
Boeing’s involvement with INJAZ Qatar has expanded this year by not only partnering on the Company Program, but also sponsoring the Start-Up Program and on the delivery of the Head-Start program targeting high school and University level students. The target is to reach 350 students with Boeing sponsorship and support.
Bernard Dunn, President of Boeing Middle East, North Africa and Turkey said: “Boeing’s commitment to the region grows stronger each year and our partnership with INJAZ across the region and in Qatar is testament to our belief that the future must be shaped by local talent. We are anticipating many great ideas and entries during the Company Program, as previous editions have shown exceptional talent here in Qatar. These ideas will benefit a range of industries including Qatar’s burgeoning aerospace sector. ”
“I am very pleased that ExxonMobil Qatar is a Platinum Sponsor of Mubadara 2018 - INJAZ Qatar’s Annual Young Enterprise of the Year Competition. This competition is one of the most meaningful, one of the most important, and one of the most special of the many programs we have shared with INJAZ Qatar since we joined forces in 2007. It represents our commitment to building a generation of dedicated, skilled and ambitious individuals who can create a sustainable future for Qatar,” said Alistair Routledge, President and General Manager for ExxonMobil Qatar.
“With the support of mentors and corporate volunteers, the competition allows students to develop a whole range of skill sets in leadership, project management, communication and collaboration. These are the individuals with the insight and imagination to anticipate the challenges and opportunities of the 21st Century, and their contributions are critical to achieving Qatar’s growth ambition. We are excited to reward their hard work next month at the awards ceremony.”
INJAZ Qatar is the local wing of Junior Achievement, an international not-for-profit organization. INJAZ offers age-appropriate business and career-related programs in elementary, preparatory, high schools, universities and youth centers across Qatar. With the help of its active corporate volunteer community, it is able to reach students spanning grade 2 all the way to University. Since its inception in 2007, INJAZ Qatar has reached more than 32,000 students across 60 schools and seven universities within the country, thanks to the hours of selfless effort put in by over 85 corporate partners and more than 1,500 corporate volunteers.
Cover image courtesy of INJAZ Qatar
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