The programme will support young Kuwaiti entrepreneurs to start their own businesses and turn their enterprising ideas into sustainable sources of income, helping to create jobs and stimulate local economic growth in the country.
Shell Intilaaqah Kuwait will offer business skills training and workshops, and will connect entrepreneurs to opportunities in sectors that contribute to the local economy. The programme will also help facilitate incubation, business acceleration and access to markets, technology and mentoring.
Entrepreneurs will receive professional training and advice from highly skilled trainers and mentors, allowing them to become innovative and more efficient in starting and developing their businesses, and Shell Intilaaqah Kuwait is expected to train and develop up to 100 businesses during 2018 as part of the programme’s initial pilot phase activities.
Beneficiaries of the National Fund for SME Development and young Kuwaiti entrepreneurs will be targeted for the programme’s support, in alignment with the country’s vision of diversifying the local economy, and generating high skilled jobs for future generations.
Welcoming the partnership with Shell, Mr Abdullah Hamad Al-Jouan, Chairman & President of the National Fund for SME Development, said, “We are glad for this collaboration, which will indeed contribute to achieving our goal in fostering a creative, productive entrepreneurial environment. Enhancing the skills of Kuwaiti entrepreneurs through the Shell Intilaaqah programme is a significant means to help them explore their true potential and reach beyond their expectations.”
Commenting on the launch of Shell Intilaaqah Kuwait, Mr Walid Al-Nader, Managing Director & Chairman of Shell Companies in Kuwait, said, “Shell is keen to continue contributing to achieving the Kuwaiti vision of 2035. Shell Intilaaqah helps Kuwaiti entrepreneurs to set up businesses, create jobs, and generate sources of income for communities by helping to find innovative solutions to support the diversification of the economy.”