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The Centennial Fund. Manama – Jun, 2013 . The Idea. By Royal Decree on the 20th of July 2004, His Royal Highness the King supported the creation of a charitable institution to help enable young Saudi men &women.
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The Centennial Fund Manama – Jun, 2013
The Idea By Royal Decree on the 20th of July 2004, His Royal Highness the King supported the creation of a charitable institution to help enable young Saudi men &women start their own businesses thereby transforming them from job seekers to job providers, and to foster financial independence. This institution is known as “The Centennial Fund”.
BOT His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz Al Saud Deputy Minister of Foreign Affairs Dr. Mohammed Al-SuwaiyelPresident of King Abdulaziz City for Science and Technology His Excellency Mr. Amr bin Abdullah Al-Dabbagh Vice Chairman of the BOT and Chairman of the BOD Engineer. Adel Fakih Minister of Labour Dr. Majed al-qasabiChairman of Special Affairs of the Crown Prince Dr. Ahmed bin Mohammed AliPresident of Group the Islamic Development Bank Sheikh . Mohammed Al AmoudiChairman of the BoardAmoudi Group of Companies Mr. Ibrahim Al MaiklGeneral managerHuman Resources Development Fund Mr. Michel FoorExecutive DirectorShell International Mr. Fawaz bin Fahad AlgosaibiPresidentAbdul Rahman Al-Gosaibi General Trading Dr. Hamad BazaiVice Minister of FinanceChairman of the Saudi Credit and Savings Mr. Abdullah Saleh KamelPresidentDallah Al Baraka Group Mr. Ahmed SeriExecutive PartnerCompany Malaz Group Dr. Abdul Aziz JazzarExecutive PartnerCompany Malaz Group Mr. Bakr bin LadenChairman of the BoardBin Laden Group, Saudi Arabia Mr. Abdullah BahamdanChairman and Managing DirectorNational Commercial Bank Mr. Ammar Al-KhudairiGeneral managerAmwal Al Khaleej
OUR VISION OUR MISSION
TCF Services TCF is leading organization, specialized in SMEs in the world helping in Entrepreneurship Ecosystem. Government paper facilitation Training Business Plan Mentoring Source of Fund Financial disbursement / collection IT system Projects Positioning System GPS Call centre Continuous monitoring and field visits Centennial Valley (business incubators) Business Clink Insurance
Global Strategic Partners Agreement with «UNIDO» for joint cooperation in the field of project development, and supervision of training programs and workshops Fund derived his idea and the model of his work from the YBI one of the largest global organizations in support of small and medium enterprises The Centennial Fund represents the Kingdom in the top entrepreneurs of the G20 countries Chosen by the Clinton Global Initiative, with YBI to be the best change initiatives in the world Establishment of the World Academy Blackberry, which is the first partnership of its kind in the world for the company "RIM" Cooperation Agreement with the Federation of Chambers of Gulf Cooperation Council (GCC) to create similar programs in the Gulf States Cooperation Agreement with the University of Babson, which is the first university in entrepreneurship in the United States of America Promote a culture of self-employment and training of customers through the strategic partnership with Shell International represented in the "Intilaaqah" In final stage of singing with League of Arab States to promote self employment culture In 21 countries
National Strategic Partners Saudi Credit and Saving Bank Saudi Arabian General Investment Authority King Abdullah Economic City Knowledge Economic City Emaar, KAEC Wa’ed, Aramco Public Pension Agency Prince Mohammed Bin Fahd University
TCF Results Projects since 2005-2011 Classification according to entrepreneurs ages Classification according to project’s sector
TCF Compared to Global Standards • Number of Mentoring Source: Comparing TCF with YBI Annual Report
Achievements Over 140,000 application received 3465 loans approved 730 Million SAR +9500 Jobs Provided 21% females 8000 mentors 83% business successful 180 cities 32 Branches In KSA 70% outside main cities