Qatar PR Network, Online Press Release from qatar and Doha city
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
QDB announces the Launches of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”
QDB announces the Launches of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”

Doha, Qatar, February 2, 2019: As part of its pursuit to stimulate entrepreneurship in Qatar, Qatar Development Bank (QDB) is pleased to announce the launch of the 4th edition of its Retirees Entrepreneurship Program “Khutwa”. The registration to the program starts on the 3rd of February 2019, while the course starts on the 24th of February for 12 days, followed by special consultation sessions for participants to identify their project ideas and the type of support provided to them. 

Khutwa program is aimed to train and develop retirees to learn basic skills of entrepreneurship, through a package of training programs and advisory services to enter the world of entrepreneurship to establish and manage a sustainable successful business.

The target audience for this course is Retired Qatari males and females. Upon completion of the training program, QDB will grant the top five applicants access to offices at the Qatar Business Incubation Centre at the bank to begin establishing their projects and get the opportunity to obtain direct financing according to the project readiness and the bank's terms and conditions.

while the rest of the applicants will have the opportunity to obtain necessary finance.

The course content will equip participants in understanding Entrepreneurship; find perfect business idea and opportunity, as well as have a better understanding of basic financial management and investment strategies. Additionally, participants will get introduced to lean startup program and one-to-one consultation sessions.

In addition to submitting a pre-feasibility study for the proposed project, attendance to workshops will demonstrate an applicant’s commitment and will be a key part of determining eligibility to funding.  

On the launch of the program, Mr. Abdulaziz Bin Nasser Al Khalifa, CEO, Qatar Development Bank, said:

“This program aims to develop training programs to build basic skills for retirees entrepreneurs, in order to provide opportunities and conditions for the establishment of successful business. QDB will conduct coaching sessions for each participant as part of the training program and identify current opportunities with QDB projects. This is a very special program organized by QDB, which offers second inning to retired professionals and enable them to make a mark for themselves post their retirement too.”

He added: “While QDB has been leading the growth of new age entrepreneurs, we believe that this class of the society is a driving force of the Qatar National Vision 2030, and deserve a special place because they have accumulated years of experience and expertise and the best way to gain insights is to further nurture their path to progress through this specially curated course. Through such endeavors, QDB is committed to support entrepreneurial activities through different entrepreneurial paths, including developing entrepreneurial cultures, building skills, and supporting growth.”

From his side, Mr. Turki bin Mohamed Al Khater, President of the General Retirement and Social Insurance Authority, said: 
'Our partnership with QDB is driven by our community responsibility and dedicated to serving retirees, supporting their projects and doing our best to meet their hopes and aspirations in every way. We continue our journey by announcing the fourth edition of the leading initiative “Khutwa”, which provides the retirees with new sources of income, thanks to the motivation and intensive training provided to invest into and manage small and medium enterprises. We seek to continue transforming ideas into specific programs. The organization renews its invitation to retirees to participate in all programs that benefit them and enhance their contribution to the development of the local economy, as a symbol of our gratitude for their service. We are optimistic about their ability to reach the desired results and achieve what we all aspire for and we wish success to all. '

The winners of “khutwa” program will be announced during a special ceremony, and the selection will be based on several criteria such as: the viability of applicant’s proposed project and attending training workshops.

Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 824 times
PR Category : Banking & Investments
Posted on : Saturday, February 2, 2019  3:50:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of QatarPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
What Procedure I Got Done to My Skin [34596-Views]
Introducing Burberry Bespoke Fragrances [17060-Views]
An Amazing Collection for Ladies From Police [16211-Views]
Flaunt your gravity-defying hairstyles to become the face of our brand [16027-Views]
From Tracks to the Street: Puma Re-issues CELL Venom [15961-Views]
Michael Kors Unveils Spring 2019 Michael Kors Collection Ad Campaign [14042-Views]
A City by the Sea and the Desert: Diana Arno SS19 Collection [13419-Views]
Cole Haan Delivers True Performance Footwear With the Release of the Zerøgrand All-day Trainer [13399-Views]
Completes Acquisition of Versace [12480-Views]
Profeta - Premium Range of Halal Vitamins and Supplements for Men, Women and Children [11931-Views]
Nissan Energy demonstration hits the spot [10156-Views]
Ralph Lauren offers the spring 2019 collection [9799-Views]
Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment Businesses at CES 201... [9680-Views]
Huawei Launches 5G Multi-mode Chipset and 5G CPE Pro [9209-Views]
Rolls-Royce Motor Cars Achieves Historic Business Record [8836-Views]
19 reasons to fly with British Airways in 2019 [8569-Views]
Turkish Airlines reached the 80.2% Load Factor in December 2018. [7581-Views]
212 VIP Extra Limited Edition [7085-Views]
LG Electronics' Promise of AI for an even Better Life Delivered at CES 2019 Keynote [7056-Views]
Honor 10 Lite Packs Stylish Looks and Flagship Performances Into New Device [6974-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories