DePaul Forms Middle East Entrepreneurship Center in Qatar
DePaul University and Al Faisal Holding, one of Qatar’s leading private companies, have reached an agreement to begin a long-term collaboration supporting entrepreneurship and business development in Qatar and other parts of the Middle East.
DePaul plans to launch the Sheikh Faisal Center for Entrepreneurship in the Middle East at the Driehaus College of Business in Chicago later this year.
“We are proud to sign this agreement with DePaul, one of the world’s leading educational institutions. The government of Qatar has launched several initiatives to support entrepreneurs and is investing heavily to enhance the educational system in Qatar, providing many first class educational facilities to build a generation that can lead the nation and achieve its vision,” said Al Faisal Holding’s chairman and CEO, Sheikh Faisal Bin Qassim Al Thani. “Al Faisal Holding has always been a strong supporter of Qatar’s vision and this agreement will help to accelerate knowledge transfer, which is very important for success in business. With a booming economy and excellent educational system we are sure that this center will nourish the entrepreneurial spirit that will give additional impetus to Qatar’s development.”
“Sheikh Faisal is one of the Middle East’s leading entrepreneurs and this collaborative effort will bring together business leaders from the United States and the Middle East to cultivate the burgeoning entrepreneurial class in Qatar,” says the Rev. Dennis H. Holtschneider, C.M., president of DePaul. “We will use this opportunity to strengthen DePaul’s investment in globally minded business programs for our students and graduates.”
The Sheikh Faisal Center for Entrepreneurship in the Middle East will work through DePaul’s nationally recognized Coleman Entrepreneurship Center. The center will facilitate a Young Entrepreneur Academy that develops new generations of Qatari and U.S. entrepreneurs and business leaders through student exchange programs.