Social Development Center signs a Memorandum of Understanding with the Qatar Finance and Business Academy
Doha, Qatar April 21 (WQ) – The Social Development Center (SDC) and Qatar Finance and Business Academy (QFBA) has signed a Memorandum of Understanding (MoU) on empowering youth, building their capacities and broadening their professional choices, towards developing professional capacities, professional standards and the entrepreneurship environment in the community, in order to achieve the aspirations of the Qatar National Vision 2030, which focuses on youth as a means and an end for development.
The signing of the agreement pertains to the utilization of QFBA’s training and development capabilities for the benefit of SDC’s target group.
The MoU covers the development of professional standards in the common areas, which generally includes the entrepreneurship sector.
The MoU also stipulates putting forward and designing advanced training programs in the field of entrepreneurship, and the development of the entrepreneurship ecosystem accordingly, including professional standards and advisory services.
This emanates from the main role of the SDC as a non-profit developmental work organization founded in 1996 under the patronage of Her Highness Sheikha Moza bint Nasser, Chairperson of Qatar Foundation for Education, Science and Community Development (QF) and founder of the Qatar Foundation for Social Work (QFSW). Since its inception, the Center has worked in the field of capacity building and achieving economic stability for less-privileged families. Following the Center’s adjoining with the QFSW, in line with the Qatar National Vision 2030, the strategic directions of the Center has been flowing into the benefit of youth, and working on developing their capacities, in order to integrate and broaden their participation in community development.
Out of the keenness of QFBA, which was founded by the Qatar Financial Centre (QFC) Authority, to work on the building and development of human capacities in the financial and banking sector in Qatar, the Academy contributes to the realization of the Qatar National Vision 2030, in its pursuit of building a knowledge-based economy. The Academy was founded with the aim of contributing to the development of professional leaders in the business and finance sector, in addition to building a professional system for professional licensing standards in the financial sector, in cooperation with regulatory bodies, the labor market, and experts specializing in the field. The Academy also works in cooperation with international universities and international consulting firms to provide the best training programs for accredited international certificates by international organizations.
The MoU was signed, in pursuit of building capacities, developing human resources and improving the professional standards of human resources in the fields of management, business and finance, in addition to upgrading standards for work performance in the economic and social fields, for the working-age group.
Since the field of innovation and entrepreneurship is a part of the Center’s interests, and the business and finance sector is the core of the Academy’s affairs, the two parties are willing to partner and cooperate to achieve common objectives, all of which aim at the realization of the Qatar National Vision 2030 and the National Development Strategy, which focus on people as a means and an end for development.