KAUST and SAB celebrate milestone ninth cohort of TAQADAM accelerator, driving global innovation into the Kingdom’s ecosystem

Summary

King Abdullah University of Science and Technology (KAUST) and SAB concluded the showcase for the ninth cohort of the TAQADAM startup accelerator. The program supported 20 ventures from 13 countries across 12 industries over six months, preparing them to scale within Saudi Arabia. Each participating startup received $40,000 in non-dilutive funding, with the top 10 securing an additional $100,000. Why it matters: This initiative fosters entrepreneurship, supports the commercialization of research, and attracts international innovation into Saudi Arabia, aligning with the Kingdom's Vision 2030 goals.