Ouargla…half a million dollars to accompany university graduates and owners of emerging enterprises – New Algeria

The North African Foundation “SLB” in Algeria announced the launch soon of accompanying and keeping pace with graduating students, entrepreneurs and emerging institutions in embodying their development and economic ideas at the University of Ouargla.

The “SLB” Foundation indicated, today, during the signing of a partnership agreement with the University of Ouargla “Kasdi Merbah”, that the project to accompany the owners of Emerging institutions Incubating their projects is 100% ready.

The directors of the institution added that “SLB” has allocated a budget of half a million dollars as the start of investing in projects related to the oil and gas sector. The owners of the institution will also work while accompanying the students of the University of Ouargla, which will be the beginning of the investment and as a first experience waiting to be circulated to the rest of the universities, linking the academic space to the sector. . Dean said University of Ouargla “Kasdi Merbah”, during his meeting with the directors of the North African Foundation in Algeria “SLB”.

The partnership agreement regarding incubating economic projects for university graduates and owners of emerging enterprises from university students came in implementation of the instructions and orders of the President of the Republic, Abdelmadjid Tebboune, who stressed the necessity of accompanying projects and working to ensure their continuity and development and preparing young people to keep pace with the challenges of the oil and gas sector in Algeria and in the context In the same way, the Dean of the University stressed that the aim of the agreement is to work to embody and develop foreign investment in Algeria in implementation of the instructions of the President of the Republic. The Dean of the University also spoke of the President of the Republic, who urges at every opportunity the need to accompany Emerging projectsHe added that the University of Ouargla is one of the largest universities in Algeria that possesses research laboratories in the sector, in addition to the city’s concessions in the field of oil and gas. The dean referred to the decision of the Minister of Higher Education, who in turn stressed the need for the student, at the end of his academic career, to be a project owner and not a graduate. Only, stressing that the initiative of the North African Foundation in Algeria, to embrace economic projects and accompany them from the time they form an idea until it is implemented and embodied in the field, came at its right time.

Amal Curry