Saudi Arabian smart solutions provider Thiqah has announced the launch of “Sharakah,” a new open innovation program designed to accelerate the growth of startups within the Kingdom. The initiative aims to create dynamic partnership opportunities, providing startups with the essential resources and strategic support needed to scale their operations in the Saudi market.
An Open Innovation Framework
The Sharakah program establishes an open innovation environment that connects entrepreneurs with key stakeholders. It offers a comprehensive suite of services tailored for growth, including specialized business consulting, dedicated technical support, and strategies for maximizing data value. Participating startups will also gain opportunities for product integration and access to Thiqah’s robust technical infrastructure, creating a powerful ecosystem for development and expansion.
Targeting Key Economic Sectors
The program is strategically focused on empowering startups across several diverse and vital sectors of the Saudi economy. These include justice, commerce, business, logistics and transport, industry, and finance. By targeting these areas, Sharakah aims to foster innovation where it can have the most significant economic impact and align with national development goals. Ambitious founders can access these strategic opportunities through Thiqah’s official channels.
Driving a Sustainable Digital Economy
Through close collaboration with its partners, Sharakah is committed to delivering sustainable, long-term value. The initiative is a key component of Thiqah’s broader efforts to bolster the Kingdom’s innovation ecosystem and digital economy. By empowering startups to make a tangible impact, the program contributes to sustainable development and reinforces Saudi Arabia’s growing reputation as a regional and global innovation hub.
About Thiqah
Founded in 2012, Thiqah is a leading Saudi company that develops advanced smart services and solutions for both the government and private sectors. Evolving from a creative youth-led idea, the company has become a primary catalyst for technological transformation across various industries. Over the past decade, Thiqah has successfully delivered impactful solutions in sectors including FinTech, logistics, and real estate services, built on core values of trust, professionalism, and innovation.
Source: rowadalaamal.com
