Hassib Sabbagh IT Center for Excellence at the Arab American University and the Transcend Company based in Beit Jala, signed a memorandum of understanding to facilitate cooperation between the two parties. The MoU was signed on the sidelines of 2017 ExpoTech Convention titled “Innovation and Investment”.
Head of the Center Direcctor Board Eng. Muhanad Al-Hegawi pointed the center most important objectives to create new jobs opportunities and merge private and educational sectors. Explaining, its strategic plan is to attract ideas, institutions, firm and freelancers.
“IDEA” Business Incubators for supporting small projects signed a memorandum of cooperation with Hassib Sabbagh Information Technology Center of Excellence at AAU. The memorandum comes as part of economic recovery project implemented by Palestinian Consultative Commission for developing non-governmental institutions PCS to contribute in social and economic empowerment for youth and marginalized groups, provide business development for entrepreneurs and innovators in establishing and developing small economic projects.
The memorandum was a supportive move for continues partnership among Palestinian Higher Education sector and civil society organizations and the two parties different roles in build and support Palestinian economical sector especially youth’s sector.
The memorandum includes the two parties cooperate to support small Information Technology projects sector in Jenin, provide technical and financial support to the projects owners in terms of ideas development and preparing business and market plans, provide grants and loans and building in entrepreneurial and business concepts.