Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at) has officially opened applications for its University Accelerators Program. This major initiative is designed to support university students, faculty members, and recent graduates on their entrepreneurial journey, helping them to transform their innovative ideas into viable businesses.
Program Overview and Mission
The University Accelerators Program is a key part of Monsha’at’s strategy to foster a culture of innovation within the Kingdom’s academic institutions. The program, held in partnership with major universities like King Khalid University, Princess Nourah bint Abdulrahman University, and the University of Business and Technology (UBT), aims to provide a clear pathway for academic and student-led projects to become successful startups.
What Participants Will Receive
Selected participants will gain access to a comprehensive support system designed to accelerate their venture’s growth. The key benefits include:
- Individual Mentorship Sessions: One-on-one guidance from seasoned entrepreneurs and industry experts.
- Project Service Grants: Financial support to help develop the startup.
- Practical Workshops: Hands-on training on essential business topics.
- Pitching Opportunities: The chance to present projects to a network of investors and strategic partners.
- Enrichment Meetings: Exclusive sessions with successful entrepreneurs.
Who Should Apply?
This opportunity is specifically designed for individuals connected to the university ecosystem, including:
- Current university students.
- University employees and faculty members.
- Recent graduates.
Key Dates and How to Apply
- Application Deadline: The deadline to apply is August 15, 2025.
- How to Apply: Interested individuals and teams can apply here
About Monsha’at
The Small and Medium Enterprises General Authority (Monsha’at) is the key government body in Saudi Arabia responsible for supporting, developing, and nurturing the SME sector. It works to create a thriving entrepreneurial ecosystem in line with the goals of Saudi Vision 2030.
Looking Ahead
This program creates a vital bridge between Saudi Arabia’s world-class academic institutions and its rapidly growing startup ecosystem. By investing in talent at the university level, Monsha’at is helping to build a sustainable pipeline of innovative, knowledge-based companies that will drive the future of the Kingdom’s economy.
Source: Monsha’at Official Website