Kuwait - Gulf Bank introduced its gold sponsorship of Fikra Program in an interview held to release the 2nd edition of this program that equips a new generation of business owners to develop effective organisations. The press conference, which was organized by Cubicle Solutions, took place on Tuesday 6 December 2016, at Al Hamra Tower-Exhibition Hall, in Kuwait City.

Having actually strategically partnered with the Ministry of State for Youth Affairs, Fikra Program organizers in addition to the sponsors confirmed that the target date for business owners to send their tasks and concepts is January 1 2017.

Mr. Abdulrahman AlFawaz, CEO of Cubicle Services addressed the business incubators by explaining that Fikra Program for business advancement is being launched in its 2nd edition after accomplishing an excellent success in 2014. Mr. AlFawaz said: "The program looks for to encourage young Kuwaitis to transform their business concepts from plain ideas right into business plans and executions, by applying the highest standards of development and training before presenting their projects to potential investors."

" Fikra Program embodies the spirit of cooperation in between all institutions associated with the young people and SMEs whether these establishments are from the exclusive or public field. The incubators' business activities are part of an environment where sponsors of Fikra Program are playing a pivotal function in contributing to the promotion and growth of SMEs."

Ms. Esra AlHabib, Gulf Bank's External Communications Manager also made a statement highlighting the relevance of sustaining young entrepreneurs and claimed: "Gulf Bank is proud to be the gold sponsor of Fikra Program in its 2nd edition and we delight in to include it as part of our social obligation plan. In fact, Gulf Bank is strongly committed to returning to Kuwait as it sustains countless events and campaigns concentrating on youth, education, fitness, helping the underprivileged, women's empowerment, along with advertising Kuwait's heritage and culture."

Ms. AlHabib added: "We believe in the high potential of the young people in Kuwait, we love sustaining their innovative concepts and jobs. We are right here to fund Fikra Program in order contribute in turning youth's desires right into truth which will at some point produce brand-new job opportunity, and improve our economy by diversifying it."

The main goal of Fikra Program is to empower a new generation of business owners to develop successful organisations and advance the local Kuwaiti market. It is an extensive entrepreneurship training that provides aspiring entrepreneurs with the technological abilities and business knowledge should launch their own businesses such as leadership abilities, detailed business strategy, investment opportunities and others. The very first edition of the program caused establishing 33% of businesses, while 44% are still in the negotiation phase with capitalists.

To find out more on Gulf Bank, please check out among Gulf Bank's 56 branches, call the Consumer Get in touch with Fixate 1805805, browse through to www.e-gulfbank.com, Gulf Bank's bilingual web site, or see its social media sites channels.