Entrepreneurship Institute

Entrepreneurship Institute aims to be a fundamental component and a key supporter of the national economy, particularly in the field of knowledge-based products. It seeks to achieve this by building a comprehensive ecosystem for innovation and entrepreneurship that serves innovators, entrepreneurs, scientists, and researchers both within and outside King Saud University. The institute also strives to enhance knowledge exchange locally and globally while fostering collaboration and integration with various commercial and industrial sectors in the fields of innovation and entrepreneurship. The institute consists of three main centers that work in harmony to provide comprehensive support to innovators and entrepreneurs.  

Thakaa Center

Thakaa Center is a state-of-the-art facility that aims to contribute to one of the Kingdom’s goals of supporting SMEs and entrepreneurs in order to increase their contribution to GDP. We achieve such objective through unlocking the potential of Data Science and Artificial Intelligence to support entrepreneurs build cutting edge prototypes and SMEs become more data-driven. Thakaa Center is managed and operated by Mozn

Research Prodcuts Development Compnay

RPDC provides end-to-end support for commercialization of R&D that leads to the creation of successful domestic technology-driven companies and supports Vision 2030 goals of expanded innovation, entrepreneurship, and economic impact for SMEs.

IKEA Forward

IKEA Forward is the first corporate startup accelerator in MENA. The program will incubate startups through a 4-month program, those startups will get a unique chance to work closely together with IKEA and to accelerate their startup. The program will end with a Demo Day where the startups showcase their startup and progress to IKEA, press, and external investors. 


Namaa Al Munawara

Nama Al-Munawara is the executive arm of Al-Munawara Endowment, a non-profit trust company dedicated to fostering economic development with a social impact. It operates through its key sectors: Munawara Products, Munawara Financing, and Al-Ainiyah. The company plays a vital role in promoting and enhancing the culture of entrepreneurship, empowering entrepreneurs in the Al-Madinah region, and driving economic growth. It provides effective and innovative solutions to support young entrepreneurs in launching and developing their startup ventures in Al-Madinah.


MiSK Foundation

Established by HRH Prince Mohammed bin Salman bin Abdulaziz in 2011, Misk Foundation is a non-profit organization devoted to cultivate and encourage learning and leadership in the youth for a better future in Saudi Arabia.

To this end, Misk gives a hand to the youth across the country by providing various means to foster, empower, and establish a healthy environment for their creative talents to grow and see the light.

The Foundation invests in empowering the youth of Saudi Arabia in two main tracks; education and entrepreneurship, and culture and the creative arts, with science and technology as a supporting field. This is intended to be accomplished by designing programs and forging partnerships with local and global organizations to reach the ultimate objective: building a society based on knowledge.

Misk pursues these goals by both designing programs and partnering with local and global organizations in diverse fields. Through an array of incubators, the Foundation invests in the intellectual capital and the capabilities of the youth of Saudi Arabia.