- 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
"Monshaat" has launched the "Business Accelerators" program in partnership with the public and private sectors, aiming to accelerate the development, growth, and expansion of startups and entrepreneurial companies within a short period ranging from 3 to 6 months. The program ensures their proper establishment to play a role in supporting the economy and increasing their contribution to the GDP from 20% to 35%, while enhancing this sector according to global best practices. It provides high-quality workspaces and services, along with consultancy, guidance, training, financial grants, and assistance in accessing investors.
Don't hesitate, join the Business Accelerators program now and 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
Benefits
The program provides access to advisory and developmental sessions
It offers weekly workshops
It grants access to dedicated workspace
It enables networking and connections with potential investors
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
- Held from November 2022 to March 2023
- A total of 40 companies participated in the training camp
- The accelerator included more than 39 consulting sessions and 8 workshops
- Resulted in the creation of 20 new job opportunities
- More than 33 trainers and experts actively participated in the accelerator
- A total of 12 projects successfully graduated from the accelerator
- Held from February 2019 to May 2019
- Graduation of 19 projects
- Resulted in the creation of 133 new job opportunities
- Held from September 2019 to November 2019
- Attracted 209 participants, with 120 actively engaged in the idea generation camp
- 46 projects participated in the idea generation camp, with 25 qualifying for the training camp, and 10 projects advancing to the accelerator phase
- Resulted in the creation of 20 new job opportunities
- Held from January 2020 to July 2020
40 trainers and speakers participated in the accelerator, along with 80 trainees
- 32 projects participated in the accelerator, benefitting more than 45 individuals
- The male participation rate reached 90%
- Resulted in the creation of 39 new job opportunities
- Held from May 2019 to December 2019
- 2232 applicants registered
- 92 projects participated in the idea generation camp, out of which 25 qualified for the training program and 12 advanced to the accelerator phase
- Resulted in the creation of 46 new job opportunities
- The female participation rate reached 55%
- Held from January 2020 to May 2020
- More than 25 companies participated in the training camp, with a total of over 65 employees
- The accelerator program had the involvement of more than 33 trainers and experts
- 12 projects participated in the accelerator
- Held from March 2019 to April 2019.
- 60 women qualified for training.
- Conducted 7 impactful introductory workshops.
- 8 projects successfully graduated from the program.
- Spanning 6 weeks, commencing from August 2019.
-12 one-on-one consulting sessions and 19 workshops were held in the accelerator.
- 20 projects successfully graduated from the accelerator.
- Held from March 2019 to July 2019
- Attracted 580 participants, with 382 actively engaged in the idea generation camp.
- 89 projects participated in the idea generation camp, out of which 25 qualified for the training camp, and 12 projects advanced to the accelerator phase.
- Resulted in the creation of 39 new job opportunities.
Business Accelerators Program in Numbers
These revised numbers reflect the latest report from 2023
Over 260 beneficiary startups
Organization of 19 business acceleration programs
Investments exceeding 100 million riyals
More than 1000 job opportunities
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
It lasts for 12 weeks
No, it is free of charge
No, participants are responsible for their own accommodation and travel expenses
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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