Queen Rania supports youth entrepreneurs at IKB awards ceremony

September 08, 2014

(Office of Her Majesty- Press Department- Amman) Her Majesty Queen Rania Al Abdullah lent her support to a number of youth entrepreneurs in Jordan today by attending the fourth cycle of the I Know Business (IKB) Annual Award ceremony.

Held at the Royal Cultural Center and in collaboration with Madrasati initiative, The Queen Rania National Entrepreneurship Competition, IBDAA, Yed Initiative and MENIT, the award saw the participation of 230 students from different public and private schools across Jordan.

Before touring the gallery where students were presenting their projects, Queen Rania listened to a brief about the award by IKB founder, Mr. Suhaib Al Khawaldeh, and Coordinator of IKB, Ms. Noor Maloul.

They explained how the award aims to build a generation of independent, confident, and self-motivated leaders who can cope with the challenges of the business world and support the economy with new ventures.

The award welcomes participants aged between 14 to 18 and is comprised of 5 different stages; “registration”, “training”, “summer training”, “competition day - ready to begin” and the “final nominations and the announcement of winners”.

Throughout these stages, students, who are chosen based on a set of criteria, receive different skill-set trainings and modules that include self-development and other professional/ work skills. At a later stage, participants go through a three - month summer training program, which covers the IKB personal and life skills as well as IKB curriculum for enterprise and planning.

On the day of the competition, which Queen Rania dropped in on today, qualified students replicate the process of starting businesses in the real world. They register their ideas at a virtual Ministry of Industry and Trade, deposit their money at a virtual bank, exhibit their ideas, and present their projects to different investors.