No Result
View All Result
Friday, September 22, 2023
30 °c
Tripoli
28 ° Sat
25 ° Sun
24 ° Mon
24 ° Tue
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Tadawul launches its entrepreneurship incubator “Innovation Garden”

byIbrahim Senusi
June 20, 2023
Reading Time: 2 mins read
A A
Tadawul launches its entrepreneurship incubator “Innovation Garden”

Tadawul Financial Group launches its entrepreneurship incubator "Innovation Garden" with the EU, Super Novae and Spark (Photo: Innovation Garden).

70
SHARES
302
VIEWS
Share on FacebookShare on Twitter

Libya’s private sector Tadawul Financial Group (TFG) launched its first entrepreneurship incubator, branded the “Innovation Garden”. The project comes within the Libya Startup project funded by the European Union and with the participation of the French NGO Supernovae and the Dutch NGO Spark.

Speaking exclusively to Libya Herald, TFG Innovation Garden Project Director, Najlaa Al-Masallati, said the project involves supporting Libyan entrepreneurs with creative ideas and entrepreneurial projects through training workshops and linking them with investors and project development experts.

Al-Masallati emphasized that several creative projects were selected out of 26 projects. These will be trained and qualified for their projects, which are concerned with the field of information technology, until their innovative ideas mature, so that they are equipped to engage in actual work and obtain the necessary financing to launch and achieve financial returns.

Libya Startup project
Innovation Garden, Al-Masallati explained, is part of the activities of the Libya Startup project which seeks to push for the creation of a dynamic, innovative and sustainable business environment for startups in Libya in the long term. It aims to provide ideas for developing emerging entrepreneurship, providing alternatives to employment in the public sector, and developing the spirit of entrepreneurship among Libyan youth.

Away from public employment and dependence on the government
For his part, businessman and TFG shareholder, Husni Bey, told Libya Herald that this initiative comes in order to support creative ideas and entrepreneurial projects and encourage Libyan youth to start their own projects away from the complexities of public employment and dependence on the government.

RELATED POSTS

EU Copernicus satellite images of Flood Daniel hit Libya released

General Union of Chambers signs training agreement with UN body

Youth learn about risk and the private sector
Bey sees the Innovation Garden Incubator as a distinguished project to support young people and create a suitable climate for them through which they learn about the risks that will direct the implementation of their ideas, including starting to work within the private sector.

The three stages of the incubator
He pointed out the three stages implemented through the incubator, starting from the incubator, during which the project that conforms to the conditions is selected to the next stage. The second stage is training and qualification within the business accelerator, then the empowerment stage, which is the search for the necessary financing for the project.

Government should create an encouraging climate for youth
Bey believes that the government should create an encouraging climate for young people. Today we have 4 projects out of 26 projects, and 4 various projects were chosen as a start for the official opening of the incubator. It is certain that later many projects that stem from among young people who are capable of creativity, innovation, excellence, and very hard work will be incubated.

 
Tags: entrepreneurship incubatorEU European UnionInnovation GardenLibya Startup projectprivate sectorSparkSuper NovaeTadawul
Share29Tweet17Share5

Related Posts

Electronic Tracking system for imported goods goes into operation
Business

Customs Authority implements digital transformation through pilot project for customs declaration e-portal

September 21, 2023
Libyan Business Council to complete a stalled 2,000-apartment project in Derna to house flood victims
Business

Libyan Business Council to complete a stalled 2,000-apartment project in Derna to house flood victims

September 21, 2023
Electronic Tracking system for imported goods goes into operation
Business

Libyan Customs Authority signs agreement with Dubai-based Webb Fontaine for Advance Cargo Information System

September 21, 2023
Turkey agrees to reduce age range for Libyans requiring an entry visa
Business

Technical Turkish delegation reaffirms desire for return of Turkish airlines to Libya

September 12, 2023
Oil Minister Aoun confirms support for development of Zawia Refinery and its port
Business

Oil Minister Aoun confirms support for development of Zawia Refinery and its port

September 12, 2023
Libyan Export Promotion Centre discusses with Italian Chamber export of olive oil, dates and tuna to Italy and Europe
Business

Packaging workshop to be held to improve international competitiveness of Libyan products

September 11, 2023
Next Post
110 Tunisian and Libyan companies hold B2B meetings in Tunis to develop bilateral and multi-lateral cooperation –

110 Tunisian and Libyan companies hold B2B meetings in Tunis to develop bilateral and multi-lateral cooperation -

Egyptian Civil Aviation Authority and Egypt Air inspection team visits Mitiga, Misrata and Sebha airports to assess readiness for flight resumption

Egyptian Civil Aviation Authority and Egypt Air inspection team visits Mitiga, Misrata and Sebha airports to assess readiness for flight resumption

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Latest UN satellite imagery shows extent of Storm Daniel destruction in Derna

    Latest UN satellite imagery shows extent of Storm Daniel destruction in Derna

    116 shares
    Share 47 Tweet 29
  • Derna disaster update: Five Greek aid workers die in road accident, Spanish and Maltese teams return home

    90 shares
    Share 37 Tweet 22
  • Tripoli and Hafter’s army working side-by-side – A roundup of the eastern rescue effort

    181 shares
    Share 74 Tweet 45
  • UN lunches US$ 71 million Libya floods appeal, WHO and Red Cross advise against mass burials

    75 shares
    Share 32 Tweet 18
  • Attorney General launches investigation into Derna dam failures, as aid continues to arrive by air and sea

    68 shares
    Share 28 Tweet 17
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Minister of Local Government meets German and Italian ambassadors to discuss Flood Daniel aid and reconstruction

Customs Authority implements digital transformation through pilot project for customs declaration e-portal

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?