Nexford University launches $200, 000 startup funding for graduates

Nexford University has announced its ‘Entrepreneurship Scholarship’ and $200,000 startup funding, with a mission to empower next-generation leaders across the world. 


In a statement made available to Bluepring, Friday and signed bt the Nexford’s Chief Executive Officer, Fadl Al Tarzi, said: “The world needs more entrepreneurs. But millions of people struggle to get the education and skills they need. Nexford University plans to change that.


“The world needs more doers. We thought about what we can do to help them. If you’re a doer, you won’t let anything stop you, be it your physical location, lack of experience or even lack of funding.”


Tarzi also said: “we want everyone to succeed – we want to empower people with the tools they need to increase their chances of success.


“Through this initiative, we are providing entrepreneurs with the skills they need to move forward in life, and we’re not stopping there. While we believe skills are the most valuable currency, you can’t buy ads or hire people with skills alone. So we’re taking it one step further and funding the most promising startup ideas we’ll receive.”


Reseach shows that entrepreneurs play a key role in the economy, with the United States Small Business Administration reported that small business added 1.9 million net new jobs in 2018 and about 30.2 million small businesses in the US employ 47.5 per cent of the state’s private workforce. 


Forbes also found that the global startup economy also generated $2.8 trillion in economic value since 2017. 

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