KAUST has launched a master’s degree program in Technology Innovation and Entrepreneurship (TIE), a 16-month program designed to transform research innovation into commercially viable products and services. The program includes training in AI/ML, robotics, design thinking, and entrepreneurship, plus a six-month stay in Shenzhen, China. The inaugural TIE cohort will consist of 30 students, including 18 Saudi nationals, and will study at the Suliman Olayan Institute for Innovation and Entrepreneurship. Why it matters: The program aims to bridge the gap between academia and industry and drive Saudi Arabia's economic diversification and innovation agenda in line with Vision 2030.
KAUST has launched a new master’s degree program in Technology Innovation and Entrepreneurship (TIE), set to begin in August 2024. The 16-month program includes core courses, electives, summer internships, and product development, aligning with Saudi Vision 2030. The final six months will be spent at InnoX Academy in Shenzhen focusing on product and venture development. Why it matters: This program aims to cultivate a new generation of innovators and entrepreneurs to contribute to Saudi Arabia's economic diversification and technological advancement.
KAUST's Entrepreneurship Center ran several programs during the Winter Enrichment Program (WEP) to promote an innovation culture within the university and in the wider ecosystem. The programs included Innovation, Creativity and Entrepreneurship (ICE) in the Desert, covering modern business practices, and the Accelerated Lean Launchpad. ICE featured classes on social entrepreneurship and starting community-oriented businesses. Why it matters: These programs aim to equip KAUST students with business skills to translate their research into impactful ventures, contributing to Saudi Arabia's innovation ecosystem.
KAUST celebrated the first graduating class from its New Ventures Accelerator startup program on February 18. Seven teams completed the six-month mentor-led program, presenting ideas ranging from bioinformatics to customer relationship management. Material Solved, a KAUST IP-based startup using visualization software for materials science, won the best pitch award. Why it matters: The program fosters entrepreneurship in Saudi Arabia, creating job opportunities and contributing to the Kingdom's economy.
KAUST has launched REVelate, a corporate innovation program aimed at mid and senior management of Saudi-based companies. The four-month program includes lectures, workshops, and mentoring to develop projects important to the participating companies. It is designed to foster an 'intrapreneurship' culture and enhance the innovation capacity of KAUST industry partners. Why it matters: This initiative addresses a critical need for corporate innovation methodologies in Saudi Arabia, potentially boosting the performance and competitiveness of local companies.