Prince Albert Fund
Encyclopedia
The Prince Albert Fund is a Belgian
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

 non-profit organization (fund) managed by the King Baudouin Foundation
King Baudouin Foundation
The King Baudouin Foundation is a public benefit foundation in Brussels, Belgium, established in 1976.Named after Baudouin of Belgium, Belgium's late head of state, its mission is to contribute to improving the living conditions of the population. KBF, both a grantmaking and an operating...

 which provides a scholarship to young Belgian professionals to give them the opportunity to carry out abroad (part of) a project in international business development
Business development
A subset of the field of commerce, business development comprises a number of techniques and responsibilities which aim at:1. Researching new types of business/products/services with an emphasis on identifying gaps in the mitigation of needs of potential clients .2. Attracting new customers3...

.

History

The Fund was created in 1984 by the Federation of Belgian Enterprises
Federation of Belgian Enterprises
The Federation of Enterprises in Belgium is the only Belgian non-profit organization representing companies in all three regions of Belgium. Its members, the different Belgian sectorial employers' organizations, represent companies in key industrial and service sectors. All in all, it represents...

 and by the King Baudouin Foundation
King Baudouin Foundation
The King Baudouin Foundation is a public benefit foundation in Brussels, Belgium, established in 1976.Named after Baudouin of Belgium, Belgium's late head of state, its mission is to contribute to improving the living conditions of the population. KBF, both a grantmaking and an operating...

 on the occasion of the 50th birthday of Prince Albert
Albert II of Belgium
Albert II is the current reigning King of the Belgians, a constitutional monarch. He is a member of the royal house "of Belgium"; formerly this house was named Saxe-Coburg-Gotha...

. The Fund was created to honor the effort of the Prince of Liège
Prince of Liège
Prince of Liège was a substantive title awarded by King Albert I of the Belgians to his youngest grandson, Prince Albert, the present king Albert II, while he was third in line to the throne of Belgium, and used from June 7, 1934, until August 9, 1993. Since he became the King of the Belgians on...

 to promote Belgian exports.

Since its creation, the Prince Albert Fund has supported about 300 Belgian professionals and helped over 125 Belgian companies promote their products and services outside Europe. In 2009, the Prince Albert Fund celebrates its 25 years of existence.
Since 2007 Julien De Wilde
Julien De Wilde
Julien De Wilde is a Belgian businessman. He is honorary chairman of Agoria and a member of the board of Bekaert, Telenet and Agfa-Gevaert.-Education:...

 was nominated President of the Management Committee of the Fund, succeeding Baudouin Michiels
Baudouin Michiels
Baron Baudouin Michiels is a Belgian businessman, who worked mainly in the food industry.-Education:He obtained a PhD in Law, and a Master's degree in Social Work .-Career:...

.
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