Incubation

Wa’ed’s Business Incubation, officially known as the Entrepreneurship Innovation Ecosystem (EIE), offers training, mentoring, incubation, workspaces and go-to-market services to prepare startups for investment.

Wa’ed Business Incubation application cycle is now closed.

Seed funding

  • Up to 100,000 SAR available
  • Non-repayable, micro-funding for incubated start-ups
  • Only tech-based start-ups eligible
  • Only available to incubated start-ups
  • Saudi-based start-ups only
  • Owner or partner must be Saudi national
  • Business must be scalable
  • Applicants must submit to rigorous technical, financial background check

Incubation basics

  • 6 month extendable incubation program.
  • 2 cohort cycles per year..
  • Applications close March 30 & September 30.
  • Applicants must have a minimum viable product.
  • Partner support available from AWS, DigitalOcean and Oracle.

Working spaces

  • For selected Eastern Province-based entrepreneurs.
  • Discounted space available in other Saudi major cities.

Outreach

  • Boot camps on selected themes such as e-commerce, digital marketing, design.
  • Workshops on trending topics in entrepreneurship .

Portfolio

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