The Saudi National Bank (SNB), through its “Ahalina” CSR program, has partnered with the Ministry of Municipalities and Housing to launch a specialized Social Entrepreneurship Accelerator. This program is dedicated to empowering emerging social enterprises within the municipal and housing sectors to scale their operations and maximize their social impact.
At a Glance
- Opportunity Type: Business Accelerator Program
- For: Social Startups in Municipal and Housing Sectors (Saudi Arabia)
- Key Benefits: Capacity building, market validation, scaling support, social impact maximization
- Application Deadline: Open Now
- Location: Riyadh, Saudi Arabia
Accelerator Overview
The Ahalina Social Entrepreneurship Accelerator is a pioneering program designed to foster the growth of social startups. By providing a suite of intensive and qualitative services, the accelerator aims to enhance the capabilities of founders and their teams. The core objective is to help these enterprises expand their services and products, ensuring they reach and positively impact a larger segment of their target beneficiaries while validating their fit within the market.
Key Benefits
Participants in the accelerator will gain access to tools and support designed to drive sustainable growth, including:
- Accelerated Growth: Fast-tracking business development and verifying product-market fit.
- Capacity Building: empowering founders and teams with the leadership skills needed to manage social enterprises.
- Impact Maximization: Strategies to scale social impact and reach wider beneficiary groups.
- Economic Contribution: Support to increase the contribution of SMEs to the national economy.
Eligibility Criteria
The program targets specific ventures contributing to the social economy:
- Sector Focus: Startups operating within the Municipal and Housing sectors.
- Stage: Emerging social companies looking to grow and scale.
- Location: Based in the Kingdom of Saudi Arabia.
How to Apply
Registration for the Ahalina Social Entrepreneurship Accelerator is currently open. Social entrepreneurs in the housing and municipal sectors are encouraged to register their companies immediately.
About The Organizers
This accelerator is a strategic collaboration between SNB Ahalina, the Corporate Social Responsibility program of the Saudi National Bank, and the Ministry of Municipalities and Housing, represented by the Developmental Housing Agency. Together, they aim to build a robust ecosystem for social innovation in the Kingdom.
Learn More: Official Program Website
