Taibah University launches Taibah Thon program to support innovation and entrepreneurship

Taibah University in Madinah launched Taibah Thon ” program, a comprehensive initiative aimed at discovering and nurturing talented students in the fields of innovation and entrepreneurship. The program directly targets male and female students from various universities in the Madinah region, serving as a genuine incubator for creative ideas.

Strategic partnership with “Monshaat”

This launch is the result of a strategic partnership between Taibah University and the General Authority for Small and Medium Enterprises (Monsha’at). This partnership is a cornerstone for the program’s success, as both entities strive to bridge the gap between academic education and the demands of the entrepreneurial job market. The partnership provides participants with the opportunity to benefit from Monsha’at’s extensive experience in supporting startups, thereby enhancing the chances of student ideas succeeding and transforming into sustainable businesses.

The context of the Kingdom's Vision 2030 and the knowledge economy

The Taybah Thon program cannot be viewed in isolation from the comprehensive development drive underway in Saudi Arabia under Vision 2030. The Kingdom places great importance on human capital development programs, which aim to prepare a globally competitive national youth. Universities play a pivotal role in this context, transforming from mere centers of knowledge dissemination into environments that foster innovation and cultivate entrepreneurs. Investing in the young minds of Madinah is a crucial step towards strengthening local content and diversifying national income sources away from oil.

Program details and care pathways

Tayba Thon aims for more than just organizing a fleeting competition; it seeks to establish an integrated system that includes:

• Discovery and classification: Identifying and classifying gifted students scientifically based on their skills and innovative abilities.
• Intensive training: Providing specialized training courses and entrepreneurial camps that refine the skills of participants.
• Incubation and development: Helping students transform their initial ideas into viable business models and entrepreneurial projects ready to be presented to investors.

Date of the introductory meeting and participation mechanism

The university announced that the program will officially launch next Tuesday with an introductory meeting to be held in the small conference hall at Taibah University. This meeting will cover all details regarding participation procedures, the program's timeline, and available training opportunities.

To ensure the smooth organization of attendance, specific times were allocated for the target groups:

• For female participants: from 5 pm to 6 pm.
• For male participants: from 6:30 PM to 7:30 PM.

Expected impact locally and regionally

The Taibah Thon program is expected to contribute to economic and social development in the Madinah region by graduating a new generation of entrepreneurs capable of developing solutions to contemporary challenges. The program also reinforces Taibah University's position as a beacon of knowledge and innovation, underscoring its leading role in serving the community and achieving the goals of sustainable national development.