National Center for the Non-Profit Sector is planning to set up social business accelerators in Saudi Arabia to foster social innovation.
The center’s CEO, Ahmed Al-Suwailem talking about the initiative said, “we seek, in partnership with nonprofit sector organizations, to establish and activate social business incubators and accelerators in all regions of the Kingdom.”
Al-Suwailem further added that “investing in young national competencies has several aspects, including attracting young competencies to fund their nonprofit organizations, volunteering their time, knowledge and experience, donating their money, or joining nonprofit organizations, all of which contribute to community development and youth service.”