King Abdul Aziz City for Science and Technology (KACST), represented by the Badir Program for Technology Incubators and Accelerators, has announced that it will start receiving applications from candidates for its training boot camp, which will be held in Riyadh and Al-Qassim in mid-April.
The boot camp aims to accelerate the growth of startups, assist in attracting funding, and develop a culture of entrepreneurship among youth.
The training boot camp, which will last for five days in each region, will include lectures, training programs, workshops and special sessions on topics related to the creation of new tech companies, how to effectively present ideas to investors, finance and business models that include examples of leading companies at the regional level.
For a project to be successful, it should be able to present an executable solution to problems in society. The idea must be innovative and unique and should meet the market demand. It should be sustainable and scalable, with great opportunity for growth and expansion.
Nawaf Al-Sahhaf, CEO of the Badir program, said that since its establishment, the training boot camp has been a platform to support Saudi entrepreneurs in establishing new and innovative tech companies through the skills and tools they acquire in the camp. He said the focus is on various aspects of the business world, in particular the establishment of Information and communication technology companies.
Participants will be guided and educated on how companies are created and their financial affairs, as well as work plans, strategies and creating the appropriate team for new projects.
Al-Sahhaf said that successful projects will gain access to investments in the early stages of the project. The Badir program will also help these projects obtain additional investments through a large network of local and regional investors.
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