EDB to launch ‘Closing the Skills Gap’ accelerator – News of Bahrain- DT News

  • Date: 28-Jan-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Technology
  • Country:Bahrain
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EDB to launch ‘Closing the Skills Gap’ accelerator – News of Bahrain- DT News

EDB to launch 'Closing the Skills Gap' accelerator. The Bahrain Economic Development Board (EDB) - the Kingdom's investment promotion agency - has partnered with the World Economic Forum (WEF) to launch an innovative new accelerator, aimed at increasing employability and preparedness for the future of work among the current and next generation workforce.. The 'Closing the Skills Gap Accelerator' is one of several such accelerators launched in partnership with WEF's Platform for Shaping the Future of the New Economy and Society.. The accelerators are national level public-private leadership collaboration platforms that address national and industry skills gaps in the face of the massive technological disruption sweeping the globe.. The goal is to expand the model to build a global network of 15 economies accelerating closing the skills gaps by 2020.. It is estimated that Bahrain will witness a workforce growth of 8,000 workers annually, with the burden of accommodating these entrants falling primarily on the private sector.. The new accelerator will bring together the Kingdom's businesses, government, civil society, education institutes, and training providers under one roof to generate local skills gap insight, develop an action plan, and drive its execution.. "Bahrain benefits from a young and growing population, and