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Tech Entrepreneurship Support initiative

You can apply to the initiative through this success partner and many others

Initiative Success Partner

Wa'ed (Aramco)

Wa’ed is the entrepreneurship arm of Saudi Aramco and the largest and most active institutional venture capital investor for Saudi-based start-ups, providing end-to-end support in mentoring, incubation, loan financing and venture capital investment. Established by Saudi Aramco in 2011 to harness the Kingdom’s entrepreneurial spirit, Wa’ed is an essential enabler of new business growth and economic diversification through its loan financing activities and Wa’ed Ventures VC arm, which oversees a $200 million investment fund and a portfolio of 30+ Saudi-based companies. Based in Dhahran, Saudi Arabia, Wa’ed is a fully owned venture of Saudi Aramco. www.waed.net

Why us?

 

 

What you will get

Incubation

Our value proposition

Wa’ed’s Incubator creates and enables early-stage startups to develop into sustainable, investible businesses through training, incubation, mentorship, and community engagement.

Eligibility Criteria

  • Must be registered in Saudi Arabia
  • Must have an MVP
  • Must be able to demonstrate market needs
  • Must have at least one of the founders working full time
  • Tech Team must be in house.