Business Accelerators

About the Program

An intensive program launched by Monsha’at in collaboration with private and public partners that aims to accelerate the growth and expansion of startups, all within a period of 3 to 6 months. The program provides shared workspaces, business development services, consultations, and training. Participants can also access different events, funding and financial solutions, and an avenue to onboard investors in exchange of a share of the company.

Objectives

Establishing high-potential startups with a sustainable growth path.

Increasing the GDP contribution of SMEs from 20% to 35%.

Supporting startups in across sectors.

Boosting business acceleration sector in Saudi Arabia by deploying global best-practices.

Unlocking investment opportunities for startups.

Monsha’at Accelerators

Monsha’at's Health Sector Accelerator Program focuses on emerging projects with outstanding potential to contribute to the development of health sector services. Monsha'at encourages and supports innovation in the space, while also creating investment opportunities and increase the role of SMEs.

Through the financial technology accelerator, Monsha'at seeks, in partnership with National Commercial Bank, to provide an integrated program for entrepreneurs. The accelerator offers a suite of services and resources most needed by entrepreneurs and SMEs in financial technology.

The dates business accelerator provided by Monsha'at serves start-up's in the industry. The services included cover the whole value chain, starting with cultivation, harvesting, packaging and storage, and ending with preparation, processing, marketing, and sales. The accelerator is a unique opportunity for investors to access the sector, and contribution to increasing quality production.

Through the education technology business accelerator, Monsha'at supports the education sector by providing intensive upskilling programs. These are focussed on training and advisory services, as well as access to finance and investment.

The entertainment accelerator provided by Monsha'at is the first of its kind, and aims to accelerate the development of SMEs in the space by sharing best international practices, as well as providing training programs, counselling and advisory sessions, in addition to a host of investment opportunities.

Through the transportation, storage, and digital trade accelerator, Monsha'at seeks to provide intensive programs that contribute to enhancing the growth of pioneering companies in the space. This is achieved by providing training, consulting, guidance, and access to investors, in addition to other benefits.

The women's business accelerator was launched to meet the need to provide cross-sector programming that focuses on the development of business ideas. The accelerator enable participants to join an intensive program that accelerates businesses, before providing access to potential investors.

The Social Entrepreneurship Accelerator, in cooperation with the National Commercial Bank works to support the sector by unlocking growth and aspiration. It achieves this by supporting entrepreneurs, providing them with guidance services that facilitate investment opportunities.

Monsha'at is working in cooperation with the Business Development Company for Business Incubators and Accelerators to provide a virtual business accelerator. To empower entrepreneurs and accelerate growth in Saudi startups, the program provides mentorship, coaching and training services, in addition to providing them with the necessary market research and upskilling participants as they present their projects to specialists.

Accelerators Graduate Program

For more information about the Accelerators Graduate Program "click here"

The program serves accelerator graduates by providing them with tools and services to help them grow.

The program seeks to provide investment opportunities for startup accelerators graduate companies.

Providing competitive benefits, consulting services, and wholesale support to start-up firms.

Accelerators in numbers

More than 260 startup firms benefiting

Valuation of companies with more than SAR65 million

Investments worth SAR57 million

Create more than 450 jobs

Revenues of companies exceeded SAR10 million

FAQs

An intensive program directed to small business owners through which the training and development necessary for the growth is provided.

An accelerator provides comprehensive support to entrepreneurs as they establish projects, doing so through an intensive training program, immediate guidance and support, provision of work sites, and assistance developing the final product. After this, successful firms are often facilitated access to investors and sales outlets.

Workshops, leadership meetings, mentorship and advisory sessions with local and international experts, and financing and investment opportunities.

An average of 12 weeks.

The programs are free of charge.

Travel and accommodation are not covered by Monsha'at.

Yes, the participant must be present throughout the period, with full attendance, also not being late or absent.

Business Accelerators

About the Program

Objectives

Monsha’at Accelerators

Health sector accelerator

Fintech accelerator

Dates business accelerator

Education technologies accelerator

Entertainment accelerator

Transport, storage, and digital commerce accelerator

Women's business accelerator

Community businesses accelerator

Virtual business accelerator

Accelerators Graduate Program

For more information about the Accelerators Graduate Program "click here"

Accelerators in numbers

FAQs

What is a business accelerator?

How does an accelerator work?

What does an accelerator program contain?

How many weeks do they take?

Are there any fees for joining the accelerators programs launched by Monsha'at?

Is there coverage for travel and accommodation costs for participants?

Do I have to attend all days of the accelerator program?

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