Accelerators Enablement Initiative
The initiative seeks to enable local and global business accelerators to adopt international best practices based on quality standards, to enable entrepreneurs to come up with distinctive business models by providing financial support
Beneficiary
Local Business Accelerators
Venture capital-backed, targeting tech startups in the Kingdom, with two or more years of experience
Global Business Accelerators
Venture capital-backed, looking for opportunities to invest in emerging tech companies in the Kingdom, with two or more years of experience
Initiative goals
Raising the quality and efficiency of current accelerators by adopting high-quality standards based on international best practices
Increasing investment opportunities offered to tech stratups in the Kingdom by attracting global business accelerators
Enabling tech startups in the Kingdom and promoting their growth and development through access to high-quality services to create models and success stories that motivate entrepreneurs to establish leading tech companies
Creating direct and indirect jobs
Initiative Benefits
Financial support following the approved performance standards to enable business accelerators in the Kingdom
Raising the efficiency of business accelerators in the Kingdom and growing their business
Promoting business accelerators and highlighting their participation in success stories and achievements
Beneficiary path
Submitting a request to participate in the initiative
Reviewing and submitting the application to the partners for evaluation
Communicating with approved participants
Submitting a business plan and receiving support
Strategic Partners
Ministry of Communications and Information Technology
Monshaat
Saudi Venture Capital Company
Center of Digital Entrepreneurship