KUWAIT: Zain recently joined in awarding the winning projects of the KON Social Entrepreneurship Program’s eighth season during the ceremony held at the American University in Kuwait. The renowned youth empowerment program was organized by the leading non-profit LOYAC in collaboration with Babson College in Boston, and Zain has supported the program under its long-term, 19-year partnership with LOYAC. During the event, Ammar Alastad, Zain’s representative in the KON judges panel, praised the bright students for their hard work and teamwork spirit to transform their ambitious ideas into profitable, sustainable projects.
The students showed outstanding dedication to achieve KON’s goals, which are well aligned with Zain’s social sustainability strategy towards empowering the youth and fostering innovation and entrepreneurship. Alastad also joined in recognizing one of the four winning teams on-stage. Zain continued to support the eighth season of this unique educational program in line with its strong belief in the high value it presented to the local entrepreneurial community.
The company continues to witness great enthusiasm and curiosity from hundreds of eager young people who participate in the program every year to make the most out of their summer vacation by learning new business skills, growing their talents, and fulfilling their future dreams. During this year’s program, the Zain Innovation Campus (ZINC) hosted a special session for KON students about the essentials of public speaking and business pitching, giving them invaluable insights on how to pitch their businesses to investors to finance their projects and turn their ideas into profitable and sustainable startups.
The session was attended by nearly 50 students. KON targeted students of 12-16 years and empowered them to learn the essentials of entrepreneurship and business, gain insights on social and environmental challenges faced by today’s businesses, and learn how to plan and develop their own projects. The program also guided students into making their own case studies of the market and specifying their target audience, while introducing them to successful experiences from local entrepreneurs.
KON came in collaboration with Babson College in Boston, one of the most prestigious entrepreneurship colleges in the United States and the number one institution in the world for entrepreneurship education. Zain and LOYAC’s strategic partnership extends to 19 years of successful programs and initiatives that empowered thousands of ambitious Kuwaiti youth in business, volunteering, and academic projects. Zain considers this a great achievement that truly reflects the strength and resilience of the collaboration ecosystem between the private sector and non-profit organizations in empowering Kuwaiti youth.
LOYAC is a non-profit organization established in Kuwait in 2002 with the aim of empowering the youth to become impactful leaders in the society, offering a broad range of unique programs that fall under a model integrating community, professional, and life empowerments. LOYAC operates in Kuwait, Lebanon, Yemen, and Jordan, and has empowered over 3.5 million young people since its inception.