Business Accelerators

Startup Owners
Prototype Owners

From 3 -6 months

Entities licensed by Monsha’at

Arabic

Free Service

Public and Private Partnership

January 2017

Contact us

Contact Number

8003018888

Contact Email

Info@monshaat.gov.sa

"Monshaat" has launched the "Business Accelerators" program in partnership with the public and private sectors, aiming to accelerate the development, growth, and expansion of startups and entrepreneurial companies within a short period ranging from 3 to 6 months. The program ensures their proper establishment to play a role in supporting the economy and increasing their contribution to the GDP from 20% to 35%, while enhancing this sector according to global best practices. It provides high-quality workspaces and services, along with consultancy, guidance, training, financial grants, and assistance in accessing investors.
Don't hesitate, join the Business Accelerators program now and give your enterprise the opportunity to succeed and grow.

Objectives

Establishing robust and capable startups that will significant contributions to the Saudi economy

Increasing the GDP share of SMEs to 35%

Empowering SMEs in various fields

Enhancing the business accelerators sector in Saudi Arabia by implementing the best international practices

Providing investment opportunities for startups

Benefits

The program provides access to advisory and developmental sessions

It offers weekly workshops

It grants access to dedicated workspace

It enables networking and connections with potential investors

Requirements

The requirements vary from one program to another

Application Process

Apply to the program through the registration link

Upload all the required documents

Your application will undergo evaluation and selection

Selected candidates will be invited for interviews

The final list of participants will be announced

Previous Monsha’at Accelerators Achievements

- Held from November 2022 to March 2023
- A total of 40 companies participated in the training camp
- The accelerator included more than 39 consulting sessions and 8 workshops
- Resulted in the creation of 20 new job opportunities
- More than 33 trainers and experts actively participated in the accelerator
- A total of 12 projects successfully graduated from the accelerator

- Held from February 2019 to May 2019
- Graduation of 19 projects
- Resulted in the creation of 133 new job opportunities

- Held from September 2019 to November 2019
- Attracted 209 participants, with 120 actively engaged in the idea generation camp
- 46 projects participated in the idea generation camp, with 25 qualifying for the training camp, and 10 projects advancing to the accelerator phase
- Resulted in the creation of 20 new job opportunities

- Held from January 2020 to July 2020
40 trainers and speakers participated in the accelerator, along with 80 trainees
- 32 projects participated in the accelerator, benefitting more than 45 individuals
- The male participation rate reached 90%
- Resulted in the creation of 39 new job opportunities

- Held from May 2019 to December 2019
- 2232 applicants registered
- 92 projects participated in the idea generation camp, out of which 25 qualified for the training program and 12 advanced to the accelerator phase
- Resulted in the creation of 46 new job opportunities
- The female participation rate reached 55%

- Held from January 2020 to May 2020
- More than 25 companies participated in the training camp, with a total of over 65 employees
- The accelerator program had the involvement of more than 33 trainers and experts
- 12 projects participated in the accelerator

- Held from March 2019 to April 2019.
- 60 women qualified for training.
- Conducted 7 impactful introductory workshops.
- 8 projects successfully graduated from the program.

- Spanning 6 weeks, commencing from August 2019.
-12 one-on-one consulting sessions and 19 workshops were held in the accelerator.
- 20 projects successfully graduated from the accelerator.

- Held from March 2019 to July 2019
- Attracted 580 participants, with 382 actively engaged in the idea generation camp.
- 89 projects participated in the idea generation camp, out of which 25 qualified for the training camp, and 12 projects advanced to the accelerator phase.
- Resulted in the creation of 39 new job opportunities.

Business Accelerators Program in Numbers

These revised numbers reflect the latest report from 2023

Over 260 beneficiary startups

Organization of 19 business acceleration programs

Investments exceeding 100 million riyals

More than 1000 job opportunities

FAQs

Business accelerators are intensive programs designed to assist small project owners in acquiring essential training and development necessary for the growth of their ventures. These programs offer advanced consultation to ensure the continuity and success of the projects

The accelerator provides comprehensive support for entrepreneurs via intensive training programs, immediate mentoring, well-equipped workspaces, product development assistance, and investor network access. The aim is to provide entrepreneurs with the necessary resources and guidance to accelerate the growth and success of their ventures

It includes workshops, entrepreneurial meetings, mentorships and consultation sessions with local and international experts, and funding and investing opportunities

It lasts for 12 weeks

No, it is free of charge

No, participants are responsible for their own accommodation and travel expenses

Yes, participants are required to commit to the schedule and attend all accelerator days without delays or absences

It is provided in Arabic

Monshaat

Business Accelerators

Contact us

Contact Number

Contact Email

Objectives

Benefits

Requirements

Application Process

Previous Monsha’at Accelerators Achievements

Business Accelerators Program in Numbers

These revised numbers reflect the latest report from 2023

FAQs

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Monshaat

Business Accelerators

Contact us

Contact Number

Contact Email

Objectives

Benefits

Requirements

Application Process

Previous Monsha’at Accelerators Achievements

E-Commerce Accelerator

Misk Innovation Accelerator

Fintech Accelerator

Dates Business Accelerator

Education Technologies Accelerator

Entertainment Business Accelerator

Women's Business Accelerator

Technology Pioneers Accelerator

Health Care Accelerator

Business Accelerators Program in Numbers

These revised numbers reflect the latest report from 2023

FAQs

What are business accelerators?

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What does the accelerator program include?

What is the accelerator’s duration?

Are there any application fees?

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