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The Centennial Fund 
Origin & Basis:
The Centennial Fund is a Saudi Arabian charity established in July 2004 with a royal charter to help young Saudi men & women achieve financial independence through helping them start their own commercially successful businesses.
The idea of establishing a fund started in 1419 H during the celebration of the 100th anniversary of the Kingdom founded by the King Abdul Aziz, may God rest his soul, which emerged in that period as a requirement to start programs that support young people to reduce the unemployment rate and the development of the local economy. And then, initiated a specialized committee to study the idea through access to programs implemented over the world has been selected.
 
Where did the idea come from?
The Prince’s Trust’s program in 1983 in the UK
In 2001 Prince Charles suggested the idea for Saudi Arabia
In 40 countries today, Saudi Arabia is the first Arab country
70,000 young men& women around the world have benefited
 
What do we hope to achieve?
Help create jobs for young Saudi men & women
Help diversify the economy with small businesses
Reduce the failure rate of small startups
Nurture creative entrepreneurs

 

 

 

 

 

 

 

 

 

 

 

 

 

Our values
Ethical & transparent
Teamwork
Proactive
Customer-focused
Empowered
Goal Oriented
Our Objectives
Help create jobs for young Saudi men & women
Help diversify the economy with small businesses
Reduce the failure rate of small startups
Nurture creative entrepreneurs

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