Five emerging technology companies have been selected to join the third cohort of the accelerator program run by Saudi Arabia’s Bader Program for Technology Incubators and Accelerators. The startups were chosen from a competitive pool of 350 Saudi ventures that applied for the opportunity to receive funding, mentorship, and comprehensive support.
A Competitive Selection Process
Bader Accelerator finalized support and mentorship agreements with the founders of the five selected companies after a rigorous initial screening phase. The high volume of applicants underscores the growing entrepreneurial activity within the Kingdom and the demand for structured support programs to foster early-stage growth.
Diverse Sectors Represented
The third cohort features startups from a wide range of industries, highlighting the accelerator’s focus on fostering innovation across the Saudi economy. The selected companies operate in sectors including sports technology for clubs and personal trainers, esports, furniture, and agriculture technology.
Comprehensive Three-Month Program
Over the next three months, the selected startups will undergo an intensive acceleration program designed to fast-track their development. Each qualifying project is set to receive SAR 300,000 in initial funding. The program also provides a suite of critical services, including specialized training and workshops, dedicated office space, strategic guidance from industry experts, and legal support to ensure a solid foundation for success.
About Bader Program for Technology Incubators and Accelerators
The Bader Program for Technology Incubators and Accelerators is a national initiative affiliated with the King Abdulaziz City for Science and Technology (KACST). Its mission is to support and advance technology-based entrepreneurship in Saudi Arabia by providing a nurturing environment for emerging tech companies and fostering a culture of innovation.
Source: Maaal
