Saudi Arabia launches Yanbu technology incubator centre
- Saudi Arabia: Monday, December 17 - 2012 at 00:50
A new business and technology centre has been launched in the Saudi city of Yanbu by the Royal Commission in Yanbu (RCY) to care for small and medium enterprises (SMEs) and encourage owners of innovative ideas to transfer their ideas into practical projects, Arab News has reported. The centre of business and technology incubators (CBTI) will support small projects based on new and applicable ideas which will meet labour market needs, head of the CBTI Hisham Ahmed Azzam said. The centre will undertake training programmes funded by the National Commercial Bank and the chamber of commerce and industry in the city as partners of the CBTI. The programmes include 14-day intensive workshops, followed by a three-month technical consultancy period, he said.
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