Monshaat

Invitation to Participate in the Innovation Collaboration Program

The Small and Medium Enterprises General Authority “Monsha’at” is pleased to invite SMEs that offer products or services based on innovation or emerging technologies (such as artificial intelligence, the Internet of Things, virtual reality, and others) to take part in a scientific collaboration program with major Saudi companies interested in innovation and technology, adding these major companies to the customer base of these innovative enterprises.

Program Stages

Innovation challenges from these major companies are presented periodically.

The innovative enterprise expresses its interest in participating in the program before the preliminary application deadline for the selected challenge.

Documents on the innovative solutions proposed by the innovative enterprises are submitted to the program’s judging panel before the challenge closing date

A virtual meeting is held between the representative of the major company sponsoring the challenge and the enterprises that applied initially, to explain the details of the challenge and answer questions

The enterprise with the winning innovative solution in the challenge is announced

The winning enterprise receives an incentive cash prize from the program, an opportunity to work with the sponsoring company on implementing the solution, and an official letter from that company evaluating the experience

Enterprises wishing to apply initially for this challenge can fill out the form and state their interest before the preliminary application dates end

Beneficiary Group