Policy Addressing Poverty

BMC is dedicated to playing an active role in shaping policies that aim to reduce poverty at local, regional, national, and global levels, recognizing that sustainable poverty reduction requires systemic change. By leveraging strategic partnerships, collaborations, and formal agreements, BMC strives to create positive societal change, focusing on sustainable development and poverty eradication. Through these efforts, BMC not only supports its student community but also impacts the broader community by fostering initiatives that enhance education, entrepreneurship, healthcare, and economic opportunities.

Local and National Policy Engagement

A significant way BMC contributes to policymaking is through its national agreements with government and non-government organizations. These collaborations illustrate how BMC partners with key stakeholders across Saudi Arabia to support initiatives that align with the nation's social and economic development goals. By partnering with government bodies, non-governmental organizations, and nonprofits, BMC works on initiatives that address crucial issues like improving access to quality education, providing better healthcare, and fostering economic opportunities for underserved communities.

Local Policy Engagement

• Municipal Collaboration: Partnership with Jeddah Municipality on initiatives like the "Parade with People of Determination" to promote inclusivity.

• Community Advisory Role: BMC faculty serve on local boards and committees addressing health, education, and social service policies.

• Local Needs Assessment: Conducting research to inform local policy decisions on poverty-related issues.

• National Standards Development: Contributing expertise to the development of national standards in healthcare education and practice.

National Partnerships and Influence

• Ministry of Human Resources and Social Development: Supporting orphans and vulnerable children.

• Ministry of Health: Contributing to healthcare policy development.

• Human Resources Development Fund (HRDF) Partnership: This collaboration plays a critical role in preparing Saudi youth for the workforce. HRDF provides financial support to institutions that train and qualify Saudi youth for private-sector employment. Through this collaboration, BMC contributes to empowering the next generation of Saudi professionals, enhancing employment prospects, and supporting youth and women empowerment, all of which help reduce poverty, especially in rural areas.

• General Authority for Small and Medium Enterprises (MONSHA'AT): Another key partnership is with MONSHA’AT, which plays a pivotal role in fostering entrepreneurship across Saudi Arabia. This partnership provides BMC students, alumni, and young entrepreneurs with access to innovation programs, funding opportunities, and mentorship, ultimately driving competitiveness and supporting the growth of small businesses. Through these collaborations, BMC contributes to building a thriving entrepreneurial ecosystem that empowers individuals, creates jobs, and drives economic development—key components in the fight against poverty.

• Saudi Network for Social Responsibility Collaboration: This partnership focuses on fostering community development through workshops, seminars, and the promotion of quality education. The Saudi Network for Social Responsibility provides BMC access to educational resources that enhance the college’s mission of promoting social accountability and societal contribution. Through this partnership, BMC is better positioned to engage in policy discussions and influence projects that prioritize education, social equity, and equal opportunity.

• Financial Institutions and Policy Advocacy: BMC’s commitment to poverty alleviation and economic empowerment is further reinforced through its partnerships with financial institutions for policies and initiatives that support entrepreneurship and financial independence. One of BMC’s significant collaborations is with Alinma Bank, through which it offers financial guidance and development consultancy for young entrepreneurs. This partnership includes providing low or interest-free loans to start-up businesses that demonstrate the potential for both financial returns and social impact. BMC has even allocated a dedicated space on its campus for this initiative, emphasizing its commitment to supporting entrepreneurship and community-driven growth.

• Policy Advocacy: BMC partners with Paradigm Shifters, an organization focused on entrepreneurship. This partnership supports events like TEDx conferences, where the model and expertise of Paradigm Shifters help manage and sponsor these events, promoting the exchange of ideas and encouraging entrepreneurial thinking among participants. By providing platforms for thought leadership and sharing innovative concepts, BMC helps cultivate a culture of entrepreneurship, critical for both economic empowerment and poverty reduction.

Regional and Global Partnerships for Poverty Reduction

Beyond the national level, BMC also engages in international collaborations that help fight poverty and advance sustainable development globally. Through MOUs, BMC aligns its initiatives with broader international efforts, connecting with partners worldwide to address critical issues such as education, healthcare, and economic empowerment. These partnerships enable BMC to be part of important policy discussions that shape the landscape of social welfare and poverty reduction, fostering global knowledge exchange, collaborative research, and joint initiatives that make a significant impact on people’s lives.

These international MOUs also provide a platform for BMC to be involved in programs and projects that advance global sustainability goals. Through these collaborations, BMC actively contributes to building inclusive communities and enhancing social equity, playing a key role in the international fight against poverty.

Global Engagement and Knowledge Exchange

• International MOUs: Agreements with global institutions facilitating knowledge exchange on poverty reduction strategies.

• SDG Alignment: Active participation in global discussions on implementing and measuring progress toward the Sustainable Development Goals.

• Research Collaboration: International research partnerships focusing on global health equity and poverty alleviation.

• Best Practice Sharing: Contributing BMC's successful models to the global conversation on community-driven development.