Promising Technologies Accelerator Concludes with 60 Tech Companies

The Small and Medium Enterprises General Authority “Monsha’at” concluded the Promising Technologies Business Accelerator in Riyadh, with the participation of more than 60 startups. The accelerator aims to support promising technology companies in the technology field and connect them with investors and supporting entities. The Promising Technologies Accelerator ran for two consecutive weeks of training, qualification, and guidance sessions, with the participation of many experts and consultants in the technical, financial, administrative, legal, and marketing fields, to ensure that beneficiaries receive the appropriate consultation and development in all the areas that secure the continued success and growth of their projects in the market. The accelerator also delivered many programs that help solve the challenges facing technology project owners, help them develop the customer experience and raise the quality of the services they provide, encourage and embrace the technology community of developers and designers and stimulate collective innovation among them, and seek to create many job and investment opportunities in the Saudi market. The participants joined the Promising Technologies Business Accelerator training camp, which started at the Monsha’at Thakaa Center, over several stages, leading up to the collection of the participants’ investment pitches and the screening and qualification of the top 35 enterprises out of 60 to present before the judging panel on the final day, after which the top 28 enterprises were selected and qualified for the accelerator stage. The Monsha’at Thakaa Centers specialize in emerging technologies and work to enable enterprises and entrepreneurs by stimulating the establishment of innovative startups and raising the efficiency of SMEs. The centers also aim to enable the SME sector to employ advanced technologies to develop these enterprises and increase their competitiveness, and to serve as a link between entrepreneurs and decision-makers in their specialized fields.

Comments
Add comment