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.  

University-based incubator, part of Imam Mohammed bin Saud Islamic University. The incubator provides its services to current university students and alumni.

inspireU is your place to achieve your dreams.if you are a hardworking entrepreneur and you have a solution that you are looking to develop then we welcome you to take part in inspireU program.

The fund was established in 2008 as a non-profit developmental organization dedicated to fostering community development and elevating it to the highest levels of performance. Recognizing the community as the cornerstone of societal progress, the fund has continuously strived to understand its needs and harness its potential to empower individuals to achieve excellence and success.
Since its inception, the fund has focused on enabling, developing, and raising awareness among various community groups, with a particular emphasis on empowering Saudi women and enhancing their entrepreneurial skills. Over more than twelve years of dedication and impact, the fund has expanded its objectives to invest in both men and women, driven by its commitment to serving the nation and its sectors. This expansion aligns with the goals of the National Transformation Program 2020 and contributes to the realization of Saudi Vision 2030.

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.

Incubation:
Wa’ed established its own business incubator, StartUp Lab, to provide incubation support for early-stage businesses. StartUp Lab is a space designed to house startup companies and provide them with a range of services such as training and mentorship in addition to office space and amenities.

Training:
Wa’ed offers workshops in several disciplines designed to provide the know-how and necessary skill-set sought out by early stage startups, entrepreneurs, and those with potential ideas. These workshops include Business Plan formulation, Pitching, Ideation, and Business Model Canvas.

Funding:
Funding offerings include debt funding in the form of non-collateral loans, venture capital funding offering minority equity partnerships, and non-repayable micro-funding “Seed Fund” for incubated startups. Whether you’re an established business owner seeking to expand or an aspiring entrepreneur seeking to grow, at Wa’ed you’ll find a funding program catered to your business