University Startup Accelerator Program

Launch your business

Programs

Students in the last two years of university
University staff and faculty members
University graduates who have graduated within the last two years

Virtual

Arabic

October 2023

Contact us

Contact Number

8003018888

Contact Email

Info@monshaat.gov.sa

For Inquiries & Complaints

The University Startup Accelerator Program aims to support the entrepreneurial projects of university affiliates, students, and recent graduates, develop their capabilities, enhance their market growth, improve their investment attraction, refine their organizational structure, and competitiveness, enabling them to become successful startups that attract investment opportunities and are poised for growth, expansion, and sustainability. The program offers 3 business accelerators, organized in collaboration with three Saudi universities in Riyadh, Qassim, and Al-Ahsa. The program combines direct and electronic services, serving university startups with the aim of supporting and developing them into successful companies over a 6-month period for each accelerator.

Objectives

Develop a culture of innovation and entrepreneurship by providing a supportive environment and resources for students, faculty members, and researchers to enhance and accelerate their innovative projects to be successful

Providing financial grants, services, and advisory support to the participating startups in the program to enable them to overcome financial challenges in the early stages, in order to achieve rapid development and sustainable growth

Enhance entrepreneurial skills through workshops and training in marketing, business management, innovation, and product development. This empowers the team and qualifies startups for sustainable commercial success

Expand the network by connecting startups with investors, advisors, experts, and the entrepreneurship ecosystem. These relationships foster future success, providing investment and partnership opportunities

Provided Services

- Financial and service grants.

- Workshops.

- Mentoring and guidance sessions.

- Financial, accounting, legal, and marketing services and consultations.

- Workspaces during the acceleration period for participants to create an interactive environment.

- Programs in government services and licensing.

- Connecting with investors and funding entities.

- Enrichment sessions with successful entrepreneurs, experts, and investors.

- Recreational and cultural events, and external visits to entrepreneurship-supporting entities.

Conditions of Registration

Be a student or recent graduate (within the past two years) of a Saudi university.

Have a project in its early stages.

Commit to attending the program.

Preferably have a commercial registration or freelance work documentation.

Preferably be based on a graduation project.

How to Apply

- Access the program's webpage.

- Review the program information and requirements.

- Complete and submit the registration form.

The Program Stages

Applications will be reviewed and filtered.

Acceptance and rejection notifications will be sent via email to the registered applicants.

Accepted applicants must sign the program agreement and confirm their participation.

3-month in-person acceleration program.

3-month post-acceleration virtual program.

Pitch sessions with investors.

Program completion and graduation of participants.

FAQs

- Acquire knowledge and skills to develop and grow the project through dedicated workshops and trainings.

- Receive advisory hours with a cadre of local and international experts.

- Benefit from financial grants and services.

- Develop investment opportunities and connections with investors.

- Enjoy a stimulating environment and knowledge-sharing with the entrepreneurship community.

- Utilize the shared workspaces.

The program is offered free of charge to participants.

No, applications will be filtered and evaluated based on the specific criteria set for the program.

The program targets projects in the launch phase that have the potential for expansion and growth.

The program is delivered in-person at the participating universities, with some virtual events and meetings.

Yes, but a team leader must be designated to communicate with the program administration.

The program is delivered in Arabic, with the possibility of some terms being in English.

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