- Beneficiary Group
Startup Owners
Prototype Owners
Related Services
مثال على وصف الخدمة لشراء قطعة أرض لبناء منزلك، يتطلب ذلك توثيق عملية البيع والشراء في مكاتب التوثيق أو خدمات كاتب العدل لتسجيل العقار باسمك.
Business Accelerators
Monsha’at launched the Business Accelerators program in partnership with the public and private sectors to speed up the development, growth, and expansion of startups and entrepreneurial companies within a short period of 3 to 6 months, and to establish them on sound foundations so that they can play their role in supporting the economy, raise their contribution to GDP from 20% to 35%, and strengthen this sector in line with global best practices. The program provides workspaces and high-quality services, along with consultation, guidance, training, and financial grants, and helps startups reach investors.
Do not hesitate: join the Business Accelerators program now to give your enterprise the opportunity to succeed and grow.
Objectives
Establishing robust and capable startups that will significantly contribute to the Saudi economy
Increasing the GDP share of SMEs to 35%
Empowering SMEs in various fields
Enhancing the business accelerators sector in Saudi Arabia by implementing the best international practices
Providing investment opportunities for startups
Advantages
Specialized consultation and guidance sessions delivered by experts and practitioners to support business model development and address operational and strategic challenges
Regular training workshops covering topics such as product development, marketing, sales, finance, and investment readiness
Workspaces and suitable facilities that enable teams to work, collaborate, and build a network with other entrepreneurs
Connection with a network of potential investors and partners through introductory sessions, pitching opportunities, and relationship building
Requirements
The requirements vary from one program to another
How to Access
Apply to the program through the registration link
Upload all the required documents
Your application will undergo evaluation and selection
Selected candidates will be invited for interviews
The final list of participants will be announced
Previous Monsha’at Accelerators Achievements
- The accelerator ran from May 2019 to December 2019
- 2,232 people registered for the accelerator
- 92 project ideas took part in the idea generation camp, of which 25 projects reached the training camp and 12 reached the accelerator
- The accelerator helped create 46 jobs
- Women’s participation in this accelerator reached 55%
- The accelerator ran from November 2022 to March 2023
- 40 companies took part in the training camp
- The accelerator delivered more than 39 consultation sessions and more than 12 workshops
- More than 20 trainers and experts took part in the accelerator
- More than 12 startups graduated from the accelerator
- The accelerator ran from March 2022 to June 2023
- 60 startups took part in the training camp
- More than 24 trainers and experts took part in the accelerator
- 28 startups graduated from the accelerator
- The accelerator ran from February 2019 to May 2019
- 19 projects graduated from the accelerator
- The accelerator helped create 133 jobs
- The accelerator ran from September 2019 to November 2019
- 209 people registered for the accelerator, of whom 120 took part in the idea generation camp
- 46 projects took part in the idea generation camp, of which 25 reached the training camp and 10 reached the accelerator
- The accelerator helped create 20 jobs
- The accelerator ran from January 2020 to July 2020
- More than 40 trainers and speakers took part in the accelerator, and more than 80 trainees benefited
- 32 projects took part in the accelerator, and the beneficiary entities exceeded 45
- Men’s participation in this accelerator reached 90%
- The accelerator ran from January 2020 to May 2020
- More than 25 companies took part in the training camp, with more than 65 entrepreneurs participating
- More than 33 trainers and experts took part in the accelerator
- 12 projects took part in the accelerator
- The accelerator ran from March 2019 to April 2019
- 60 women were nominated for the training camp
- 7 introductory workshops were delivered in the accelerator
- 8 projects graduated from the accelerator
- The accelerator started in August 2019 and ran for 6 weeks
- 19 workshops and 12 one-on-one consultations were delivered in the accelerator
- 20 projects graduated from the accelerator
- The accelerator ran from March 2019 to July 2019
- 580 people registered for the accelerator, of whom 382 took part in the idea generation camp
- 89 projects took part in the idea generation camp, of which 25 reached the training camp and 12 reached the accelerator
- The accelerator helped create 39 jobs
Business Accelerators in the Kingdom: Facts and Figures
The achievement figures of the Business Accelerators program in the Kingdom of Saudi Arabia have been updated based on the latest report issued in 2023
Over 260 beneficiary startups
Organization of 19 business acceleration programs
Investments exceeding SAR 100 million
More than 1,000 jobs created
FAQs
Business accelerators are intensive programs designed to assist small project owners in acquiring essential training and development necessary for the growth of their ventures. These programs offer advanced consultation to ensure the continuity and success of the projects
The accelerator provides comprehensive support for entrepreneurs via intensive training programs, immediate mentoring, well-equipped workspaces, product development assistance, and investor network access. The aim is to provide entrepreneurs with the necessary resources and guidance to accelerate the growth and success of their ventures
It includes workshops, entrepreneurial meetings, mentorships and consultation sessions with local and international experts, and funding and investing opportunities
12 to 16 weeks
No, there are no fees
No, travel and accommodation costs are not covered
Yes, participants are required to commit to the schedule and attend all accelerator days without delays or absences
It is provided in Arabic
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