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Top 9 Accelerators and Incubators in Saudi Arabia in 2024

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Accelerators and incubators are essential for helping new startups take flight.

New entrepreneurs looking to transform their great business idea into a successful and sustainable business sometimes don’t have the experience or connections to make that happen on their own.

The staff of an accelerator or incubator can help by providing support, space, mentorship, connections and more.

To help you out, we've compiled a list of 9 accelerators and incubators from Saudi Arabia.


9 Accelerators and Incubators in Saudi Arabia

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1,016 Unicorns

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1) KAUST Innovation Fund

KAUST Innovation Fund

KAUST is the deep-tech hub of Saudi Arabia's innovation economy.

Details of the startup:

  • City: Thuwal
  • Started in: 2010
  • Industries: Energy, Water, Food, ICT, Healthcare
  • Number of investments: 86

You can find their website here.

2) Riyadh Valley Company

Riyadh Valley Company

The Riyadh Valley Company is one of Saudi Arabia's big plans to encourage entrepreneurship and a culture of innovation.

Details of the startup:

  • City: Riyadh
  • Started in: 2010
  • Industries: Information Technology, Financial Technology, Logistics, Transportation
  • Number of investments: 06

You can find their website here.

3) Business Incubators and Accelerators Company

Business Incubators and Accelerators Company

BIAC Incubators has set up and run both public and private business incubators and accelerators.

Details of the startup:

  • City: Riyadh
  • Started in: 2016
  • Industries: Logistics, Technology
  • Number of investments: 04

You can find their website here.

4) Taqadam

Taqadam

Taqadam has helped startups grow by giving them access to local experts and mentors, investors, and professional networks, as well as up to $140,000 in funding that doesn't dilute the company's ownership.

Details of the startup:

  • City: Thuwal
  • Started in: 2016
  • Industries: Mobility, Energy, FinTech, Logistics, Cyber Security, Water, Health
  • Number of investments: 03
  • Accelerator Duration (in weeks): 30

You can find their website here.

5) Falak Business Hub

Falak Business Hub

Falak Business Hub is a mix of a business incubator, an accelerator, a coworking space, and an angel investment firm.

Details of the startup:

  • City: Riyadh
  • Started in: 2018
  • Founders: Adwa Aldakheel
  • Industries: Industry Agnostic
  • Number of investments: 03
  • Accelerator Duration (in weeks): 20

You can find their website here.

6) Nomow Incubator

Nomow Incubator

Nomow is a program that helps and invests in entrepreneurs who are smart, passionate, and have ideas that are cutting edge.

Details of the startup:

  • City: Riyadh
  • Industries: Ecommerce, Retail, Waste, Technical, Infrastructure, Hospitality, IoT, HealthTech, Mobility, Media, Enviromental, Security, Translation, Navigation, Travel Services, Transportation
  • Number of investments: 03

You can find their website here.

7) SURE International Technology

SURE International Technology

SURE Global Technology is thought to be one of the best IT companies in Saudi Arabia.

Details of the startup:

  • City: Riyadh
  • Started in: 2004
  • Industries: Technology
  • Number of investments: 01

You can find their website here.

8) Startups House

Startups House

Startups House helps businesses at all stages of their life cycle, from the beginning to when they are expanding.

Details of the startup:

  • City: Jeddah
  • Started in: 2017
  • Founders: Bader Altheibany, Bahar AlHarbi, Fouad Basyyoni
  • Industries: Industry Agnostic
  • Accelerator Duration (in weeks): 24

You can find their website here.

9) TAQADAM

TAQADAM

Taqadam has helped startups grow by giving them access to local experts and mentors, investors, and professional networks, as well as up to $140,000 in funding that doesn't dilute the company's ownership.

Details of the startup:

  • City: Thuwal
  • Started in: 2016
  • Industries: Mobility, Digital, Energy, FinTech, Logistics, Cyber Security, Water, Health
  • Accelerator Duration (in weeks): 30

You can find their website here.

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