HRH Crown Prince Announces Establishment of First Non-profit City in the World

  • Date: 14-Nov-2021
  • Source: Eye of Riyadh
  • Sector:Economy
  • Country:Saudi Arabia
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HRH Crown Prince Announces Establishment of First Non-profit City in the World

His Royal Highness Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Founder and Chairman of the Board of Mohammed bin Salman Misk Foundation, today announced the launch of Prince Mohammed Bin Salman Non Profit City, the first non-profit city in the world, to be a model for the development of the non-profit sector globally and an incubator for youth and volunteer groups as well as local and international non-profit institutions.
HRH the Crown Prince, said: “This will be the first non-profit city of its kind which will contribute to achieving the goals of Mohammed bin Salman Misk Foundation in supporting innovation, entrepreneurship and qualifying future leaders by defining non-profit work in its internal operational concept and in terms of opportunities and youth training programs it will provide. In addition, the project will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings.”
HRH added: “Prince Mohammed Bin Salman Non Profit City which implements the Digital Twin model, will host academies, colleges, ‘Misk Schools’, a conference center, a science museum, a creative centre offering a space to support the ambitions of innovators in sciences and new generation technology such as AI, IOT and Robotics. It will