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Ita’am (Saudi Food Bank)
Entrepreneurship Case Study Presentation Instructor: Dr. Margaret Ann Viets Section 202 Jumana Alumran Fatima Alibrahim
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Outline The background of the company and its formation Its service
Vision and mission Objectives SWOT analysis Industry background and its position in the industry Target market for the firm’s service Our assessment of its potential for sustained success
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The background of the company and its formation
Non-profit organization Established in May 2010 by 50 businessmen Capital of almost SR 9 million The first Saudi food bank of its kind
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Its service Saudi Food Bank collects the surplus food, not leftovers, pack it and deliver it to less fortunate people recommended by charities.
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Vision and mission Vision: To be the worldwide pioneer in providing convenient food for less fortunate people through professional work environment Mission: To support the integration and awareness between society levels through protecting food and importing philanthropic resources to provide convenient food to those who need it and achieve the concept of social solidarity
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Objectives Helping in the redeeming of almost 4 million wasted meals per day in the Eastern Province only. Offering food to less fortunate people with the maximum privacy. Educating all levels of Saudi community about the importance of food. Offering employment opportunities. Encouraging volunteers. Saving the environment
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Long-term objectives:
Offering food during disasters or crisis. Establishing a factory specialized in canning and packaging dry food.
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SWOT analysis Strengths: First of its kind High quality food
Strong financial resources Using of technology Recognized brand name Media attention
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SWOT analysis (cont.) High health standards
Collaborating, not competing, with other charities Bored of directors with managerial experience Weakness: Limited advertisement
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SWOT analysis (cont.) Opportunities: Surplus food
Poverty (more than 4 million) Volunteers Threats: Bad economy or conditions Decision by businessmen to withdraw from the project or going bankrupt
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Industry background and its position
It operates in the industry that offers non-profit services for underprivileged people. It is the first of its kind in the kingdom and in the GCC countries.
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Target market for the firm’s service
The less fortunate people in KSA. Operates in the Eastern Province only.
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Our assessment of its potential for sustained success
Strongly supported Tries to collaborate, not to compete, with non-profit organization Has bored of directors with diverse managerial experience Offers high quality food Provides an environment where young people are motivated, trained, trusted, respected and rewarded for their hard work Large percentage of poverty in the kingdom. Extra food will still be available from hotels, feats, and parties.
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Thank you for listening
Any Questions?
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References Al-Fozan Group. (n.d). Saudi Food Bank - ITA'AM. Retrieved September 28, 2012, from Faraj, N. (2012). Saudi food bank gives life to leftover meals. Retrieved September 28, 2012, from Menafn. (2012). The first Saudi food bank. Retrieved September 28, 2012, from Nasser, R. (2012). The first Saudi food bank. Retrieved September 28, 2012, from Saudi Food Bank. (n.d.). Mission, vision, and business idea. Retrieved September 28, 2012, from
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