DUC awards best women entrepreneurs

DUBAI — Dubai University College (DUC) the educational arm of the Dubai Chamber of Commerce and Industry (DCCI), yesterday announced the successful completion of the 2006 "Entrepreneurship and Business Plan Development Workshop" sponsored by the Citigroup Foundation.

By Staff Reporter

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Published: Fri 16 Jun 2006, 11:45 AM

Last updated: Sat 4 Apr 2015, 3:24 PM

This announcement came during a certificate award ceremony held at the Dubai Chamber of Commerce & Industry to celebrate the best business plans prepared by the 21 participating entrepreneurs.

The Entrepreneurship Workshops is a highly practical exercise designed to equip the potential entrepreneurs with the necessary knowledge and skills to think creatively about new business ideas. Candidates undergo a rigorous 4-month training programme on Idea Generation and Business Plan Development at DUC.

Topics include the challenges of entrepreneurship, building the business plan, strategic planning, forms of ownership, marketing, pricing, cash flows, financial planning, putting the plan to work, and looking at ethical and legal concerns as well as the regulatory environment. Those business plans that prove to be feasible become eligible for financial assistance from the Mohammed bin Rashid Establishment For Young Business Leaders.

The Entrepreneurship and Business Plan Development Workshop initiative is part of the Joint Venture for Finance & Entrepreneurship (JVFE), which was established in January 2005 as a joint venture between DUC and Citigroup through an equal grant from the Citigroup Foundation. In addition to the Entrepreneurship Workshop, JVFE provides scholarships to merit students at DUC specialising in Management, Marketing, Finance & Banking and Accounting.

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