Think you have something which is applicable to Saudi Arabia's Vision 2030? Then read on...with budgets totalling hundreds of millions of dollars, aimed at supporting startups in emerging sectors like AI, deep tech, smart construction, biotech, space tech and cloud transformation. This opportunity is open to tech entrepreneurs and innovative companies registered in Saudi Arabia (new entrepreneurs are welcome to pitch brand new concepts too). Founders move from concept validation through product development stages, offering grant money with additional benefits like R&D financing, cloud credits and mentorships.
Must be open to being registered in Saudi, or Saudi founder Ideation stage and money is awarded to build a MVP Startups are selected on basis of being relevant to the Kingdoms ambitious vision Process can take 3 months (with exceptions)
Saudi Arabia is making bold strides toward economic diversification and innovation by rolling out a comprehensive, government-backed grant initiative designed to shepherd entrepreneurs from MVP-stage startups all the way to unicorn status. Under the umbrella of Vision 2030, the Kingdom aims to generate new jobs, boost GDP and cultivate global tech champs and it's backing that ambition with concrete funding, tailored programmes and ecosystem enablers.