Frequently Asked Questions
What is the duration of the program?
The program is running the first cohort until the end of 2023.
In what language will the program be offered?
The program will be offered in English.
How and when can I join?
An application is opened once a year and all participants must apply during the application period. Please refer to the website for application deadline updates.
Does the program require attendance?
Attendance is based on the tailored services for participants.
Can I join if I am a non-Saudi?
Yes, the program is open for all fast-growing startups or scaleups that operates in Saudi Arabia with at least one Saudi founder.
Who should participate in the program?
The program targets fast-growing technology companies that are based in KSA with valid CR and have a proven successful business model.
What is meant by successful business model?
Business is up and running effectively and generating revenue.
When will I hear back after submitting my application?
Accepted applications for 2023 will be announced by February.
Does the program offer Fundings?
The program does not provide any direct fundings or grants, however, it might facilitate direct and indirect access to fundings from international investors.
Does joining the program require Fees?
No, there are no fees required for participating in the program.
What is meant by cumulative funds?
Cumulative value of all investment rounds.
What types of technologies and industries are considered for the program?
We consider different types of technology-based companies that have the ability to grow and expand rapidly including but not limited to, E-commerce, Biotech, IoT, Blockchain or marketplace. In regard to sectors, the program is sector agnostic.
Can I participate in another program at the same time?
Yes, and participants need to disclose such information by email.
Can I apply more than once?
Yes, participants can apply every year when the application is opened.
What are the participant's expected commitments?
All participants must fully comply with all program requirements during the cohort.