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.
المساهمة في تطوير منظومة ريادة الأعمال في المملكة من خلال بناء مرجعية موثوقة وشبكة ذات قيمة مضافة تستقطب وتدعم وتربط حاضنات ومسرعات الأعمال ومساحات العمل المشتركة المحلية والإقليمية والدولية، والمهتمين في هذا المجال تحت مظلة الهيئة العامة للمنشآت الصغيرة والمتوسطة.
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
University-based incubator, part of Imam Mohammed bin Saud Islamic University. The incubator provides its services to current university students and alumni.
Tourism Business Incubator in Hail is an innovative initiative led by the Hail Tourism Development Association, aimed at supporting and developing emerging businesses in the tourism sector. The incubator provides an encouraging environment and diverse resources for entrepreneurs in tourism projects. It offers consultancy, training, co-working spaces, and partnership opportunities, in addition to facilitating communication and collaboration with industry experts. Through this incubator, emerging projects can achieve sustainable success and contribute to the growth of the tourism sector in the region.
