Techstars Accelerator

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Accelerator
The Riyadh Techstars Accelerator

From aspiring founders to early stage entrepreneurs, Techstars, MCIT, SNB and Raed Ventures can scale your vision into a thriving business.

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Riyadh, Saudi Arabia

June - September 2023

Riaydh Techstars
The Riyadh Techstars Accelerator

The Ministry of Communications and Information Technology announces the opening of registration for The Riyadh Techstars Accelerator, which will be based in the capital, Riyadh. The 3-month accelerator will include ten selected startups and help them expand their various businesses and partnerships. Participants in the program will receive financing of 450,000 riyals ($120,000), in partnership with Raed Ventures Investment Fund, a venture capital fund focused on investing in the MENA region's early-stage startups.

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Techstars International

It is noteworthy that Techstars maintains a global network that extends to 150+ countries, includes more than 20,000 mentors, and has graduated more than 2,500 startups from it's accelerator programs with a combined market capitalization value of $207 billion. 

The Riyadh Techstars Accelerator partnership with MCIT, SNB and RAED Ventures will provide an opportunity to support emerging companies in The Kingdom. 

What will participating startups receive?
A global network of mentors

You will have access to mentors from the Techstars global team and partners that spans a very broad network spanning 147 countries, and includes 8,200 experts and mentors. Mentors will be available for one-on-one meetings and can share experiences from their deep experiences in digital entrepreneurship.

Sharing knowledge and experiences

Lectures by members of the Techstars global team, partners and distinguished guests on marketing, monetization, product design and more.

Establishing relationships with startups

Work with your team from the best community of startups!

Investment

Projects involved in the programs will receive funding of 450,000 riyals ($ 120,000), provided that the project meets the conditions for obtaining the financing, which will be clarified within the programs.

Companies We Are Looking For

Tech startups will be evaluated on the following criteria:

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Innovative and scalable startups
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Company's founders with full-time commitment
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Team with integrated skills
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Product in the market
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Revenues and Customers
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Registered in KSA / Obtaining a Commercial Register
4
Months
10
Tech startups
450K
Thousand Riyals Funding Support
100
Mentors
13
Weeks of Intensive Bootcamp
10
Selected startups
Program Journey
01

24th January, 2023

Registration starts
02

24th March, 2023

Registration ends
03

24th April, 2023

Filtration
04

24th June, 2023

Program starts
05

25th Septmeber, 2023

Demo day
Code MCIT
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Techstars Riyadh Office Hours

Meet us in person at any of our Meet and Greets, attend the upcoming Techstars Virtual Meet and Greet, or you may want to consider Office Hours with another one of our mentorship-driven accelerators.

Our Office Hours