AlHijjah 20, 1432, Nov 16, 2011, SPA -- Prince Abdul Aziz bin Abdullah bin Abdulaziz, Deputy Minister of Foreign Affairs, the founder and Chairman of the Board of Trustees of the Centennial Fund, has launched two initiatives - The Centennial Business Incubator Valley and the Launch of Annual Awards For Saudi Youth Innovative Entrepreneurs. The First initiative of setting up a Centennial Valley as a business incubator for young people at King Abdullah Economic City will serve as a nucleus of a system of business incubators, covering all areas of the Kingdom of Saudi Arabia. The Second initiative will be the launching of three annual awards to stimulate the Saudi youth and to create a competitive environment to encourage innovative ideas and to establish value-added projects for the national economy. These awards are: the Best Orientation of ??a project, the best Feasibility study, and the best operational project. Prince Abdul Aziz bin Abdullah disclosed this in an address at the opening ceremony of the Global Week of Entrepreneurship organized by the Centennial Fund under his auspices. The speech was delivered on behalf of Prince Abdul Aziz bin Abdullah by the Governor of the General Investment Authority and Chairman of the Board of Directors of the Centennial Fund Amr Al-Dabbagh. --MORE
