The P16 Saudi Growth Accelerator, a year-long program designed to help Palestinian startups scale into the Saudi market, has successfully concluded with a Demo Day hosted at The Garage in Riyadh. The initiative was a collaboration between Flow Accelerator, the International Finance Corporation (IFC), and Parachute 16, aimed at bridging Palestinian entrepreneurs to the wider regional ecosystem.
By the Numbers
The year-long program provided a comprehensive launchpad for a select group of high-potential startups:
- 1 Year: The duration of the intensive accelerator program.
- 6 Palestinian Startups: The number of innovative companies that participated in the cohort.
- Key Focus: Preparing for and launching expansion into the Saudi Arabian market.
A Year of Intensive Preparation for the Saudi Market
Throughout the program, the participating startups received a structured package of growth support designed to accelerate their readiness for Saudi Arabia’s dynamic market. This included a rigorous portfolio assessment, on-ground guidance for market understanding, intensive investment readiness training, and curated B2B matchmaking with key Saudi stakeholders. The program also provided direct support for legal and commercial establishment in the Kingdom.
Meet the Graduating Cohort
The Demo Day in Riyadh was the culmination of the program’s capital access efforts, where five of the six participating startups pitched their innovative solutions to an audience of investors, corporates, and ecosystem leaders:
- Zomar: A social learning platform for training centers, influencers, and communities.
- DataQueue: A voice AI orchestration platform enabling enterprises to automate and enhance customer interactions.
- Fluxir: An AI-powered platform that simplifies global travel compliance with fast visa processing.
- The Middle Frame: A generative AI solution for creating authentic Arab visuals and licensing datasets to reduce bias in AI systems.
- Turqat: A set of digital solutions to provide car owners with easier access to vehicle maintenance and repair services.
- Flowless: A smart application that helps water utilities and farmers improve operational efficiency through AI-powered monitoring.
Building a Bridge to Regional Markets
The P16 Saudi Growth Accelerator is part of the Entrepreneurship and Innovation Program (EIP) in Palestine, implemented by the IFC to strengthen the entrepreneurship ecosystem. Flow Accelerator is now focused on leveraging this success to build sustainable bridges that connect Palestinian entrepreneurs to the broader regional and international ecosystems, creating long-term value and growth opportunities.
Source: Flow Accelerator