Startup

New initiative to empower young entrepreneurs launches in UAE

Oliver Wyman is set to leverage its expertise in driving significant value for the youth empowerment agenda in the UAE and wider Middle East, by partnering with INJAZ UAE.

INJAZ UAE is a core member organisation of the regionally based INJAZ Al-Arab, a network supporting the youth in achieving economic success.

Greg Rung, Partner at Oliver Wyman, joined INJAZ UAE as a board member to aid with setting the ambition of the organisation, strategic direction and building partner relations. Oliver Wyman also aims to drive change through the development of a set of 15 strategic initiatives with the Board to accomplish its ambition of 30,000 students reached by 2022.

“At INJAZ UAE, we are dedicated to giving students the knowledge and skills they require to shape their professional future and make smarter academic and economic choices,” said Sheikh Khaled Bin Zayed Al Nahyan, Chairman of INJAZ UAE. “We are delighted to partner with Oliver Wyman, as we look to support the UAE vision of youth empowerment through our world-class initiatives where our programmes help spark learning in the youth to experience the opportunities and realities of the global professional network in the world that we live in today. The UAE chapter of INJAZ and Oliver Wyman will work hard in achieving the goal of the wider INJAZ Al-Arab’s team of reaching 1 million students by 2022.”

Rung said, “This collaboration comes at a time where regional governments and private companies are offering increasing support to their youth through dedicated programmes and strategic visions of empowering them. Youth employment and expansion of the private sector in the GCC are two drivers towards a healthy, diversified economy. Through their commendable programmes and initiatives, INJAZ UAE is able to educate students on entrepreneurship and work readiness in a truly fun way,” he added.

INJAZ UAE recently celebrated the 9th Company Program competition, where 10 teams from schools across the UAE turned classrooms into real start-up environments. With guidance from volunteer mentors, the programme provided students the opportunity to start-up, organise and operate actual enterprising companies to learn about real life business processes and functions.

 

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