The National Bank of Kuwait (NBK) sponsored the Loyac training program "KON" as part of its commitment to Corporate Social Responsibility as well as towards supporting students, youths and self-building initiatives in Kuwait. NBK also provided lectures and guidance on business models during two training sessions. Throughout the six weeks "KON" program, leaders, mentors and trainers, encouraged the participants to create a profitable business plan that solves social challenges.
The national NGO Loyac runs several programs for the youth to develop their professional skills, enhance their personal growth and help them find their sense of purpose by extending themselves to others.
"KON" students, aged 12-16, experienced different stages during the program: thinking, planning and doing. Throughout the six weeks the students learnt skills that include creativity, critical thinking, problem solving, communication and collaboration. The students also learnt technical skills to write up a successful business plan, and how to pitch their business ideas to investors. By the end of the program, students were able to present their business ideas before a jury panel, in addition to a professor from Babson College, Boston.
Al Baqer stressed on the importance of development programs in shaping the youth and preparing them for the job market and even more so the importance of employers supporting such programs. NBK continues to promote a range of philanthropic missions and social welfare programs as part of its corporate social responsibility to assert its leadership in supporting Kuwait’s social development standing as a model in serving all aspects of the community.