24 December 2015 12:48:50 IST

INSEAD launches scholarship to accelerate social entrepreneurship

Scholarship established in honour of the late Soraya Salti

Leading business school INSEAD has recently established the Soraya Salti Social Impact Scholarship Fund that will promote the continued development of young female entrepreneurs from the Middle East, South Asia and Africa regions.

The INSEAD Social Entrepreneurship Programme (ISEP), through the fund, will provide social entrepreneurship education and a full scholarship to promising social entrepreneurs.

Established in honour of the late Soraya Salti, former President and CEO for Middle East and North Africa at INJAZ Al-Arab, the fund was instituted by INSEAD alumnus, Waleed AlBanawi, Founder and Chairman at JISR Partners, to pay tribute to the legacy of his partner Soraya and her outstanding contributions to the field of social entrepreneurship.

As part of the application process, candidates are required to demonstrate a vision for their organisation outlining the added value ISEP would bring to their work, their community and society as a whole. Preference will be given to female applicants with a proven record and the need for financial assistance to achieve their goals.

Recipients of the scholarship will become a part of ISEP’s network of global social entrepreneurs and participate in the network’s meetings, events and networking opportunities. They will also benefit from INSEAD’s ground-breaking research, especially work related to the role of women in leadership and entrepreneurship.

The fund will be structured to be drawn down as scholarships are awarded. It will be open to other contributions to increase its duration and/or expand its scope.

Read the whole report here .