The accelerator aims to develop the real estate sector and strengthen its infrastructure, by accelerating the growth of enterprises operating in it, and providing innovative solutions.
Real Estate Innovation Accelerator (REIA) is the first of its kind. The accelerator aims to develop the real estate sector and strengthen its infrastructure, by accelerating the growth of enterprises operating in it and providing innovative solutions that meet the needs of the real estate market, in the areas of digitizing real estate services, modern construction methods, supporting sustainability, diversifying financial solutions, and providing intensive development programs, a network of advisors and experts and investment opportunities for participants.
The accelerator has provided participants with intensive development programs, a network of advisors and experts, and investment opportunities.
The accelerator participants“ journey began during 12 weeks from July 28 to October 31 of this year, by providing support and technical and strategic development opportunities with the participation of a group of trainers and specialists in the field, in order to develop the participants” services and products to attract customers and investment opportunities.
The accelerator seeks to develop the services and products of the participants to attract customers and investment opportunities. Through the accelerator, Monsha'at seeks to stimulate innovation in the real estate sector and develop quality solutions that contribute to raising the efficiency of the sector, in line with the objectives of Saudi Vision 2030. The accelerator also focused on connecting startups with networks of investors and government and private entities to enhance growth opportunities, in addition to providing financial grants to support their projects.
The accelerator also focused on connecting startups with networks of investors and government and private entities to enhance growth opportunities. <During the ceremony, KDIPA honored the graduating companies from the accelerator, which proved their ability to develop innovative products and services in the real estate field out of more than 600 participants in the Real Estate Innovation Program, where the graduating companies included several sectors, including: Waste management, energy, construction and materials, real estate development, information technology, design and 3D printing, real estate rentals, and procurement and supply. <The Real Estate Innovation Accelerator is in partnership with the General Real Estate Authority, the National Housing Company, the Modern Construction Initiative, and Fintech Saudi Arabia. <It is noteworthy that Bipan 24 will be held at the Riyadh Front for Exhibitions and Conferences from November 5 to 9, 2024, with the wide participation of entrepreneurs and investors from around the world. The forum aims to strengthen the Kingdom's position as a regional and international destination for entrepreneurship, support the growth of emerging projects, and enhance competitiveness in various economic sectors.
