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University Startup Capacity Development Program
A national initiative that contributes to the development of the entrepreneurship and freelance environment, empowering university students and fresh graduates in the Kingdom to transform their entrepreneurial projects into startups through a comprehensive range of services during multiple program stages.
The program offers three incubators in collaboration with three Saudi universities in Riyadh, Al-Qassim, and Al-Ahsa.
The program combines direct and online services, serving early-stage startups and individuals with initial prototypes, aiming to support and develop them into successful companies over a 6-month period for each incubator.
University Startup Capacity Development Program Services
- Workshops
- Guidance and mentoring sessions
- Financial, accounting, legal, and marketing services and consultations
- Workspace during the incubation period to create an interactive environment
- Programs on government services and licenses
- Networking with investors and funding entities
- Enriching meetings with successful entrepreneurs, experts, and investors
University Startup Capacity Development Program Objectives
Transforming university projects into startups
Promoting an entrepreneurial culture and building an entrepreneurial ecosystem within the university community
Increasing awareness about entrepreneurship through training programs and regular meetings
Establishing a vibrant entrepreneurial community through managing workspaces and organizing events and workshops
Creating a networking platform for entrepreneurs, university startups, universities, platforms, and funding entities
University Startup Capacity Development Program Target Group
University students
Priority is given to students in their final two years of university
Fresh graduates
University graduates of no more than two years
University Startup Capacity Development Program Participation Requirements
Participants must be students or fresh graduates
They should have a clear and value-added project idea
Projects should have an initial business model
Projects should be feasible and scalable
Technology should play a primary role in the project
At least one team member must commit to attending all sessions and programs
University Startup Capacity Development Program Steps
Visit the program’s webpage
Review program information and requirements
Complete and submit the registration form
University Startup Capacity Development Program Stages
Registration via Monsha’at website
Participants are selected from the applications
Selected participants are contacted to confirm their participation and to sign program agreements
Six-month incubation program
Preparation of investment proposals
Program conclusion and graduation of participants
FAQs
No, all applicants will be evaluated based on specific criteria and will be either accepted or rejected
The program targets university projects in the initial business model or market entry stage
Yes, as long as a designated contact person for the team is assigned, and information about all team members is provided in the application
The program aims to assist university students and fresh graduates in transforming their entrepreneurial projects into startups by offering training, guidance, and access to funding opportunities across multiple stages
The program is conducted in-person at the hosting university incubators, with some virtual events and meetings included in the program
The program is primarily delivered in Arabic, with occasional use of English terms when necessary
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latest changed date 26 September 2023
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