DAMMAM — The first workshop of the Regional Entrepreneurship Acceleration Program kicked off Saturday at the Massachusetts Institute of Technology (MIT), under the supervision of the Small & Medium Enterprises General Authority (Monshaat), in partnership with the Eastern Province.

A team representing different sectors interested in developing an innovative entrepreneurship ecosystem in the Eastern Province is participating in the workshop, which represents the eighth round of the program, in addition to teams from Colombia, Egypt, the United States of America, the United Kingdom, Brazil, and Belgium.

The workshop aims to assess and analyze the ecosystem in the Eastern Province using available data and statistics, which will contribute to determining the direction of the strategy of the Entrepreneurship Acceleration Program in the Eastern Province, to be presented at the next workshop in mid-2022.

The program comprises four practical learning stages to be implemented over a two-year period, where the participants in the program will embark on an analysis process and an implementation process, allowing the team to learn from and cooperate with MIT experts, stimulate regional work, and benefit from global best practices through cooperation with other participating regions and countries. — SPA