A national program, in partnership with the Ministry of Communications and Information Technology, Mohammed bin Salman Foundation "Misk," and the National Information Technology Development Program, aims to empower and support high-growth technology startups in their journey to become billion-dollar companies (Unicorns).
This program offers a comprehensive range of services and resources, including skill-building for founders, facilitating connections with investment funds, supporting market expansion, and providing access to a global network of industry experts.
Program Prerequisites:
The program is running for the first cohort until the end of 2023.
The program will be offered in English.
An application is opened once a year and all participants must apply during the application period. Please refer to the website for application deadline updates.
Attendance is based on the tailored services for participants.
Yes, the program is open for all fast-growing startups or scaleups that operates in Saudi Arabia with at least one Saudi founder.
The program targets fast-growing technology companies that are based in KSA with valid CR and have a proven successful business model.
Business is up and running effectively and generating revenue.
Accepted applications for 2023 will be announced by February.
The program does not provide any direct fundings or grants, however, it might facilitate direct and indirect access to fundings from international investors.
No, there are no fees required for participating in the program.
Cumulative value of all investment rounds.
We consider different types of technology-based companies that have the ability to grow and expand rapidly including but not limited to, E-commerce, Biotech, IoT, Blockchain or marketplace. In regard to sectors, the program is sector agnostic.
Yes, and participants need to disclose such information by email.
Yes, participants can apply every year when the application is opened.
All participants must fully comply with all program requirements during the cohort.
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