Tech Champions 4

Accelerators
Incubators
Riyadh & Jeddah, Saudi Arabia
Tech Champions 4
About Tech Champions 4

The 4th edition of the program consists of two startup accelerators and two startup incubators in two different sectors (Financial Solutions Technologies & Digital Media). The program targets innovative entrepreneurs with digital business and scalable models.

The program participants will be provided with the necessary tools and support in the technical, administrative, and financial aspects, in addition to supporting digital perks, with the aim of contributing to reaching the market and investors.

Targeted Audience
paper plane
MVPs
rocket
Startups
Program Goals
business models
Developing new digital business models
digital solutions
Providing modern digital solutions in the market through targeted sectors
digital talent
Empowering digital talent
job opportunities
Providing new job opportunities
localization efforts
Supporting technology localization efforts
Program Tracks
Digital Media Incubator

In Jeddah City

 

Incubator offers:

4 month in-person incubator program

Supporting the transition of projects from the mvp stage to the market entry stage

Supporting entrepreneurs with the necessary tools and support in the technical administrative and financial aspects

Providing a team of project mentors with expertise and experience in the field to guide participants during the incubator period

Providing global and local expertise by providing educational programs provided by mentors consultants and experts specialized in digital entrepreneurship

Contributing to transforming business models into business models capable of commercialization growth and expansion

How to get investment deals

The possibility of obtaining investment deals upon completion of the program for the best participating projects

Providing post-program support for 3 months

Providing the opportunity to reach investors through the demo day

 

Incubator conditions:

  • The incubator targets projects at the idea stage
  • A team consisting of two or more people, at least one of whom is a Saudi national
  • The business model should be in the sector of digital media
  • Existence of an mvp in the sector of digital media
  • The project solves a current problem in the market that is applicable and able to be developed and commercialized
  • The project idea must be implementable in Saudi Arabia
  • The team must have diverse skills and fluency in both Arabic & English
  • The team should be able to be physically present at all stages of the program
  • The team must pass interviews stage
FinTech Solutions Incubator

In Riyadh City

 

Incubator offers:

5 month in-person incubator program

Supporting the transition of projects from the mvp stage to the market entry stage

Supporting entrepreneurs with the necessary tools and support in the technical administrative and financial aspects

Providing global and local expertise by providing educational programs provided by mentors consultants and experts specialized in digital entrepreneurship

Contributing to transforming business models into business models capable of commercialization growth and expansion

How to get investment deals

The possibility of obtaining investment deals upon completion of the program for the best participating projects

Providing post-program support for 6 months

Providing the opportunity to reach investors through the demo day

 

Incubator conditions:

  • The incubator targets projects at the idea stage
  • A team consisting of two or more people, at least one of whom is a Saudi national
  • The business model should be in the sector of financial solutions technologies
  • Existence of an mvp in the sector of Fintech
  • The project solves a current problem in the market that is applicable and able to be developed and commercialized
  • The project idea must be implementable in Saudi Arabia
  • The team must have diverse skills and fluency in both Arabic & English
  • The team should be able to be physically present at all stages of the program
  • The team must pass interviews stage
FinTech Solutions Accelerator

In Jeddah City

 

Accelerator offers:

3 month in-person accelerator program

Supporting the transition of projects from the mvp stage to the market entry stage

Linking financial solutions and investment opportunities

Supporting entrepreneurs with the necessary tools and support in the technical administrative and financial aspects

Providing global and local expertise by providing educational programs provided by mentors consultants and experts specialized in digital entrepreneurship

Contributing to transforming business models into business models capable of commercialization growth and expansion

How to get investment deals

The possibility of obtaining investment deals upon completion of the program for the best participating projects

Providing post-program support for 6 months

Providing the opportunity to reach investors through the demo day

 

Accelerator conditions:

  • The accelerator targets startups in the growth stage
  • A team consisting of two or more people, at least one of whom is a Saudi national
  • The business model should be in the field of financial solutions technologies
  • The existence of an mvp in the field of financial solutions technology
  • Growth in revenues and customer base
  • The startup solves a current problem in the market that is applicable and able to be developed and commercialized
  • The project idea must be implementable in Saudi Arabia
  • The team must have diverse skills and fluency in both Arabic & English
  • The team should be able to be physically present at all stages of the program
  • The team must pass interviews stage
FinTech Solutions Accelerator

In Riyadh City

 

Accelerator offers:

3 month in-person accelerator program

Supporting the transition of projects from the mvp stage to the market entry stage

Linking financial solutions and investment opportunities

Supporting entrepreneurs with the necessary tools and support in the technical administrative and financial aspects

Providing global and local expertise by providing educational programs provided by mentors consultants and experts specialized in digital entrepreneurship

Contributing to transforming business models into business models capable of commercialization growth and expansion

How to get investment deals

The possibility of obtaining investment deals upon completion of the program for the best participating projects

Providing post-program support for 6 months

Providing the opportunity to reach investors through the demo day

 

Accelerator conditions:

  • The accelerator targets startups in the growth stage
  • A team consisting of two or more people, at least one of whom is a Saudi national
  • The business model should be in the field of financial  solutions technologies
  • The existence of an mvp in the field of financial solutions technology
  • Growth in revenues and customer base
  • The startup solves a current problem in the market that is applicable and able to be developed and commercialized
  • The project idea must be implementable in Saudi Arabia
  • The team must have diverse skills and fluency in both Arabic & English
  • The team should be able to be physically present at all stages of the program
  • The team must pass interviews stage
Program Advantages
mentors
Specialized mentors and consults from the largest international companies in the field of entrepreneurship
investment
Linking financial solutions and investment opportunities
cursor
Access to digital tools for startups
mentors
A distinguished group of international and local trainers and mentors during the incubator and accelerator phase
investment
The possibility of obtaining an investment worth 100,000 Saudi riyals for each startup participating in the accelerator
supporting startups
Providing the possibility of obtaining the MVPLAB Initiative: supporting startups with an amount of up to 150 thousand SAR, which is one of the initiatives of the National Technology Development Program (NTDP) for the incubators track
 Supporting a monthly
Boost Initiative: supporting a monthly reward for founders with a maximum of 3 founders (Saudi nationals) for a maximum period of 12 months. The reward ranges from 7,000-13,500 SAR, which is one of the initiatives of NTDP
Program Journey
01

March , 2024

Registration opens
02

TBD

Filtration Process
03

TBD

Announcing the qualified participants for incubators & accelerators
04

TBD

Kick-off day (in person)

TBD

FinTech Solutions Incubator (Physically for 5 months)

TBD

Digital Media Incubator (Physically for 4 months)

TBD

FinTech Solutions Accelerators (Physically for 3 months)

TBD

Demo Day (in person)
70
MVP’s & Startups Development
45
Training Hours
3
months
Post-program support
40
Number of mentors and advisors Global and local digital entrepreneurship

FAQs

The program consists of two business accelerators and two business incubators in two different sectors (financial solutions technologies and digital media) in two different cities, Riyadh and Jeddah.

The accelerator for startups in the financial solutions technology sector will be in Riyadh, Saudi Arabia.

The incubator for projects in the financial solutions technology sector will be located in Riyadh, Saudi Arabia.

The accelerator for startups in the financial solutions technology sector will be in Jeddah, Saudi Arabia.

The incubator for projects in the digital media sector will be located in Jeddah, Saudi Arabia.

Fintech solutions are innovative technology solutions in the fintech sector. They are created with the aim of improving and automating solutions that support the fintech sector for individuals, businesses and organizations. These supporting solutions aim to develop traditional solutions for consumers and beneficiaries of the sector.

Clear digital business models in target areas of supporting solutions within FinTech solutions sector. For example, but not limited to: digital banking solutions, regulatory financial solutions technology, applications in the field of financial technologies, cyber security to protect the financial organization, artificial intelligence and machine learning to improve financial services, etc.

The digital media sector includes technical tools and services that contribute to the establishment of the digital media industry. These innovative solutions aim to automate it, develop and deliver innovative solutions in the sector through technical solutions. These solutions also help individuals, companies and organizations create, manage, deliver and analyze digital content.

Clear business models in the target areas of the digital media sector. For example, but not limited to: social media applications, advertising technologies, digital marketing automation, live video streaming technologies, digital social media platforms, digital media monitoring and analysis, digital rights and intellectual property solutions, digital applications that create digital content, digital content through artificial intelligence, etc.

Everyone can participate in more than one track, whether the incubator or accelerator, but a separate application must be submitted for each incubator or accelerator. If you are accepted, you will be accepted into one track only.

You can register through an Arabic or English application form.

The Tech Champions Program, in its 4th edition, is considered a unique opportunity for entrepreneurs, as participants are trained by a distinguished group of international and local experts and mentors, in addition to providing the possibility of obtaining investment deals upon completion of the program for the best participating projects.

Yes, the program requires participants to be present throughout the program. It will be implemented in person.

Note: there is no transportation or accommodation fees that will be provided by the program. 

It is the beginning of the launch of the incubators and accelerators, and it is held in person for one day only for qualified projects in the program.

 

During the Demo Day, participants present their projects in a professional manner in front of an elite group of specialists in the field of digital entrepreneurship and investors.

The registration form is filled out by one of the team members, with the names of the rest of the members written in the registration form.

The original project and startup company must belong to the applicant and must not be stolen or owned by another party.

The Tech Champions Program does not own your idea; however, it should be noted that no idea itself can be protected.

Yes. In the 4th edition of the program, the program focuses on the following sectors: financial solutions technologies - digital media.

Yes, provided that legal approval is provided from the legal guardian.

The project/startup must be clearly articulated, specialized in the ICT field and relevant to the nature of the program.

After submitting your application successfully, you will receive a message either rejection or acceptance.

Yes, the program will be fully a physically held in-person program in both Riyadh and Jeddah. The program requires full commitment from those wishing to participate for all stages of the program.

Note: The program does not provide accommodation or transportation for participants.

Our Partners

Find more

Success

SNB
DFSP
ignite
NTDP