The Social Development Bank (SDB), in partnership with Ma’aden and Jada30, has launched the Wa’ad Al Shamal Hackathon in Arar. This initiative is designed to attract entrepreneurs and creative minds to develop innovative solutions for the industrial and mining sectors, specifically targeting the growth of the Northern Borders region.
At a Glance
- Opportunity Type: Hackathon and Funding Program
- For: Entrepreneurs, freelancers, and startups with innovative ideas
- Key Benefits: Funding up to SAR 500,000 for ten qualified projects, plus specialized training
- Application Deadline: March 24, 2026
- Location: Arar, Northern Borders Region, Saudi Arabia
Competition Overview
The Wa’ad Al Shamal Hackathon is a developmental initiative powered by Ma’aden’s Social Responsibility portfolio. The program seeks to empower startups through training and qualification, ultimately investing in the region’s energy to create jobs and boost the local economy. Participants are challenged to innovate within four primary tracks:
- Digital and Technical Track
- Logistics and Supply Chain Track
- Sustainability and Recycling Track
- Community and Quality of Life Track
Key Benefits
- Substantial Funding: Access to funding reaching up to SAR 500,000 for ten winning projects that serve the Northern Borders region.
- Training & Qualification: Participation in a virtual boot camp to prepare for funding.
- Strategic Support: Backing from the Social Development Bank and Ma’aden to turn challenges into successful economic contributors.
- Innovation Ecosystem: Direct engagement with regional industrial and mining development experts.
Key Dates and Schedule
- February 11, 2026: Registration opens.
- March 24, 2026: Registration closes.
- April 1, 2026: Announcement of shortlisted candidates.
- April 7, 2026: Official start of the Hackathon.
- April 10, 2026: Final day and announcement of winners.
- April 12 – 13, 2026: Virtual boot camp for funding preparation.
How to Apply
Entrepreneurs and innovators should apply through the official Social Development Bank portal. Applicants will need to provide basic identification, project details, and indicate if they have a commercial register or a formal team.
- Application Deadline: March 24, 2026
- Apply Now: SDB Official Registration Link
About Social Development Bank (SDB)
The Social Development Bank is a leading governmental institution in Saudi Arabia dedicated to providing social and developmental financing. Through initiatives like this hackathon, SDB supports the growth of small enterprises and empowers citizens to contribute effectively to the national economy under the Kingdom’s Vision 2030.
Learn More: Jada30 Announcement
