Saudi Arabia’s Top Business Incubators and Accelerators Empowering Startups

Editorial Team

Last updated 1-02-2025

5 min

Multiple accelerator and incubator programmes are now accepting applications.

Opportunities span various industries, including tech, language, literature, and water technologies.

High-profile backers include NEOM, Misk, and Sanabil Investments.

Some programmes offer global partnerships, such as 500 Global and Orbit Startups MENA.

Aimed at nurturing startups with funding, mentorship, and market access.

Saudi Arabia’s startup scene is buzzing with opportunity. Ambitious entrepreneurs now have the chance to accelerate their growth with some of the country’s leading incubators and accelerators. At Arageek, we’re excited to share with you a selection of programmes currently welcoming applications.

Misk Accelerator

Misk Accelerator is a global seed-stage programme designed especially for tech startups. Over an intensive three-month period, you'll get personalised mentoring, practical resources, and the kind of support that really helps scale your business. What really stands out is the zero-equity model—meaning you get all the help without having to give up a piece of your company. It’s an ideal environment if you're just starting out and want to build something great without compromise.

Program Highlights

Zero Equity Requirement: Keep full ownership of your startup while benefiting from expert support.

Comprehensive Mentorship: Enjoy one-on-one coaching tailored to your business needs.

Global Networking: Connect with local and international founders, investors, and communities.

Resource Access: Gain entry to shared office spaces and specialised support services.

Post-Program Support: Continue receiving valuable guidance even after the programme ends.

Eligibility

Tech Startups: Perfect for companies driven by technology.

Early-Stage with Traction: Ideal for startups with a Minimum Viable Product (MVP) and initial market traction.

Saudi Market Focus: Designed for those operating in or aiming to scale within Saudi Arabia.

Riyadh Techstars Accelerator

For startups dreaming of expansion across the Middle East and North Africa, Riyadh Techstars Accelerator is a fantastic opportunity. This programme offers a supportive, high-energy environment where you can refine your business model, learn from seasoned mentors, and network with industry experts. With a mix of funding—featuring a notable equity investment—and a structured three-month programme, it’s built to fast-track your growth.

Program Highlights

Equity Investment: Provides funding (around SAR 450,000, roughly $120,000) in exchange for equity participation.

Intensive 3-Month Programme: Offers a structured plan to accelerate business growth.

Mentorship Access: Connect with a global network of over 20,000 experts spanning 150 countries.

Networking Opportunities: Engage with investors and industry professionals to expand your reach.

Comprehensive Support: Benefit from assistance in refining your business model and preparing for market entry.

Eligibility

Innovative Startups: Suitable for companies with groundbreaking ideas.

Early-Stage Companies: Perfect for businesses in the initial stages with scalable models.

MENA Region Focus: Aimed at startups looking to grow in the Middle East and North Africa.

Oxagon Accelerator

Oxagon Accelerator bridges the gap between brilliant ideas and market reality. In a dynamic 12-week programme, you’ll collaborate with industry leaders and benefit from hands-on guidance designed to turn lab innovations into market-ready products. With excellent access to state-of-the-art facilities and expert partnerships, this accelerator is tailored for startups ready to make a splash in Saudi Arabia’s industrial sector.

Program Highlights

12-Week Programme: Specifically structured to transition ideas from the lab to the market.

Expert Partnerships: Work closely with industry leaders to refine and implement your innovations.

Resource Access: Leverage cutting-edge facilities and tools to develop your products.

Networking Opportunities: Connect with potential investors, partners, and experts.

Market Entry Support: Get assistance navigating Saudi Arabia’s industrial landscape.

Eligibility

Innovative Startups: Ideal for companies with groundbreaking industrial solutions.

Early-Stage Companies: Best suited for startups ready to move from prototype to market.

Industrial Focus: Designed for those contributing to Saudi Arabia’s industrial development.

InspireU by stc Group

Since its inception in 2017, InspireU by stc Group has been a powerhouse in the digital startup arena. Known for its impact, the programme has backed over 90 digital projects and generated significant market value. With a strong focus on digital innovation, InspireU offers an ecosystem that combines mentorship, robust resources, and direct access to stc Group’s extensive network—perfect for startups aiming to make a digital breakthrough.

Program Highlights

Digital Startups: Ideal for companies focusing on digital innovations.

Early-Stage Companies: Suited for businesses with products or services ready for market entry.

Scalability Potential: Best for startups poised for rapid growth and expansion.

Eligibility

Digital Startups: Companies focusing on digital solutions and innovations.

Early-Stage Companies: Businesses with a developed product or service ready for market entry.

Scalability Potential: Startups with the potential to grow and expand rapidly.

KAUST Innovation Fund

KAUST Innovation Fund is a cornerstone in nurturing innovation across diverse sectors such as energy, water, food, ICT, and healthcare. More than just financial support, the fund provides expert mentorship and access to world-class research facilities, empowering startups to transform new technologies into thriving ventures. This initiative is key to driving the diversification and growth of Saudi Arabia’s economy.

Program Highlights