Ministry of Investment launches Saudi Startup Program to support entrepreneurship in Saudi Arabia

A national initiative aligned with Vision 2030 to support the establishment and expansion of startups, entrepreneurs and investment funds.
Ministry of Investment

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<The Ministry of Investment has launched the Saudi Startup Program, which aims to support the establishment and expansion of entrepreneurial companies within the Kingdom by providing support to a number of categories including: Startups, entrepreneurs and innovators, and venture capital funds.

The launch of the Saudi Startup Program comes within the framework of the goals of Vision 2030.

The launch of the Saudi Startup Program comes within the framework of the objectives of Vision 2030, one of which is to develop the startup sector and attract quality investments to the local market, and the program is seen as an integrated national program to support and establish entrepreneurial companies.

Objectives of the Saudi Startup Program

<There are a number of strategic objectives behind the Ministry of Investment's launch of the Saudi Startup Program: Transforming the Kingdom into a regional center for innovation and entrepreneurship, leveraging global best practices in supporting the startup ecosystem, and building bridges of cooperation with leading global economies to enable Saudi companies to expand and grow globally.

The program highlights a number of targeted sectors and technologies, namely:

Healthtech, FinTech, and EdTech. <Metaverse and Robotics - Agri-Tech - Biotech. Smart Cities - E-commerce - Advanced Technologies.

Smart Cities - E-commerce - Advanced Technologies

Electric Vehicles - Enterprise Software - Machine Learning and Artificial Intelligence.