RIYADH — Alwaleed Bin Talal Foundation, chaired by Prince Alwaleed Bin Talal, has sponsored the establishment of a business incubator in Taibah — Women's Society for Social Development in Madinah – a press release issued by the Foundation on Monday said. The business incubator at Taibah focuses on developing and promoting social and economic initiatives for women of Madinah through entrepreneurship programs. The incubator provides the suitable environment, right tools, and numerous resources that would assist Saudi women with the many challenges and potential pitfalls they might face as new entrepreneurs. The business incubator project aims to develop research/ideas into leading marketable projects, increase the chance that a start-up will succeed, motivate potential in ambitious women, and contribute to fighting unemployment. Taibah —Women's Society for Social Development was established in 1399H (in 2003) in Madinah as the first women's organization, offering support to orphans, people with special needs and families in need. Alwaleed Foundation's Women Empowerment Initiative “Hama” , which is overseeing the implementation of Mrs. Nora Al-Malik, aims to support the greatest number of institutions that are active in raising awareness of women's legal rights. Moreover, the initiative supports vocational training programs for aspiring career women across various fields, as well as helping women with limited income learn to design artifacts. The initiative includes various groups of women, some with post-graduate degrees, and others with no university education, including women with no primary education. — SG
