Ashoka Arab World, in partnership with Alwaleed Philanthropies, has concluded the second cohort of its Innovation Factory program in Saudi Arabia. The initiative guided 19 local social enterprises from early-stage concepts to structured, operational ventures ready to make a tangible impact.
Quick Facts
- Program: Innovation Factory, Second Cohort
- Location: Saudi Arabia
- Graduates: 19 social impact projects
- Key Sectors: Education, health, environment, and social services
From Idea to Impact in the Kingdom
The Innovation Factory is designed as a hands-on journey for young social entrepreneurs. Participants in the Saudi cohort moved through an intensive process that included problem identification, solution testing, prototype development, and building viable business models.
Throughout the program, the founders received continuous mentorship and participated in guided learning sessions to help refine their ideas and prepare their ventures for real-world application and growth.
Cultivating a Diverse Social Sector
The second cohort showcased a wide array of locally-focused ideas with the potential for sustainable, systemic change. The 19 selected projects are working across critical sectors in the Kingdom, including education, healthcare, social services, venture development, and environmental initiatives. This diversity reflects a growing focus on addressing specific community needs through entrepreneurial solutions.
About Innovation Factory
The Innovation Factory program, implemented by Ashoka Arab World, is a practical accelerator that supports young social entrepreneurs in transforming their initial ideas into structured and operational ventures. It focuses on providing participants with the tools, mentorship, and framework needed to build sustainable models for social change.
Source: Ashoka Arab World
