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Princess Sumaya bint El Hassan honors the winners of the 11th Queen Rania National Award for Entrepreneurship

Thursday, August 26, 2021 - 09:00

 

 

HRH Princess Sumaya bint El Hassan, Chair of the Board of Trustees of Princess Sumaya University for Technology, honored the winners of the 11th season of the Queen Rania National Award for Entrepreneurship, during the honors ceremony organized by the Queen Rania Center for Entrepreneurship. The ceremony was held at PSUT’s Friendship Auditorium. The aim of the competition is to empower young people, create and enhance a culture of entrepreneurship, and highlight new ideas, projects, and emerging companies in the field of innovative technology.

In a speech delivered on her behalf by Mr. Omar Hamarneh, Executive Director of the iPARK Business Incubator, Her Highness stressed the importance of this award in the context of the Center's endeavor to develop the spirit of entrepreneurship among Jordanian youth and to help them transform their ideas and creativity into successful entrepreneurial projects of high economic value. She added that in view of the distinguished activities and passion for leadership among PSUT’s students, the university established the DART Club with the aim of honing their skills in creativity and entrepreneurship and popularizing the idea of ​​entrepreneurship among PSUT students and those at other Jordanian universities. The club has played a prominent role in holding courses and seminars to introduce the award and build bridges of cooperation between this university event and the local market.

Her Highness pointed out that the efforts made to generalize and explain the idea and objectives of the award are but a vivid embodiment of the aspirations of His Majesty King Abdullah II, one of which is to "work to build a national knowledge economy based on creativity and leadership founded on national, regional and global priorities."

She added that out of keenness to achieve the visions of our beloved King, "We were called upon to strive to build an effective model that works on developing industrial and technological production and creates excellent job opportunities for our youth. That model came in the form of El Hassan Scientific City, where education, qualification, applied research, and industrial production are organically combined to build the individual and society economically, culturally and civilly.” Her Highness also added that the elements of education, research and production have formed the so-called innovation corridor to facilitate a smooth transition between academic institutions, represented by PSUT, QRCE, and institutions of applied scientific research and technological development such as the Royal Scientific Society, then investing the technological output through the Hassan Business Park, where it is transferred theoretically and practically to the local, regional and global market.

The prize winners for the Ideas Track are the following teams:

AquaPoro, Jusoor Platform, Smart Green for AgriTech Solutions, Self-Sanitizing Door Handle, Jawabmed, Bloom.

In the Companies Track:

DAR ALI, Ivvest, Souq Fann.com, CarGenie, Cayyesh, and the Sustainable Application for Recycling Inc.

 

The director of QRCE, Mohammad Obeidat, said that more than 600 teams qualified, 120 of whom received a two-month training course in cooperation with Impact MENA. 30 teams qualified for the semi-final stage where they were linked with mentors to prepare them to compete for the final prize. He stated that the total support value for the winners is about $250,000.

Obeidat confirmed that the Award enjoys a strategic partnership with the Jordan 12 Program, which is funded by the Jordan Entrepreneurship Fund, the Zain Innovation Platform, the iPARK Business Incubator/ RSS, and the Women's Fund for Microfinance.

The Incubation Director at the iPARK Business Incubator, Serene Duwayri, stressed the importance of the strategic partnership with the QRCE within the Jordan 12 Entrepreneurship Empowerment and Development Program, expressing her pride in the innovative entrepreneurial ideas and projects presented by entrepreneurs during the various stages of the Award.

The Executive Director of the Department of Media, Communication, Innovation and Sustainability Management at Zain Jordan, Tariq Al-Bitar, expressed his happiness with the strategic partnership of the ZINC platform for creativity with the Queen Rania Award in its 11th edition, indicating that 12,000 JOD were provided to the winners of the award. He highlighted the role of the platform in supporting creative ideas and innovations that keep pace with the developments of digitization, modern technology and artificial intelligence, and meet the market need.

Mona Sukhtian, General Manager of the Women's Microfinance Fund, said, “We are proud of our ongoing partnership with the Queen Rania Award for Entrepreneurship for the sixth consecutive year, which reflects our great interest and belief in the need to support and develop entrepreneurship among ambitious young men and women who are looking for real opportunities to translate their goals into real projects, which has been at the core of our mission and goals for the last 25 years.”