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.
MBZUAI's Incubation and Entrepreneurship Center (IEC) is launching "Build It Demo Day" in Abu Dhabi, an event for showcasing early-stage AI solutions and prototypes. The first demo day will be held on October 30, 2025, and applications are open to students, founders, and professionals. Participating AI builders will gain exposure to a network of organizations and access over $200,000 in technology credits from NVIDIA, Microsoft, AWS, and others. Why it matters: This event provides a crucial platform for early-stage AI innovation in the UAE, fostering entrepreneurship and attracting investment in the region's growing AI ecosystem.
KAUST's Innovation and Economic Development department hosted the STEAM Innovation Challenge with over 300 Saudi university students participating. The challenge, entitled "Secure Generation 2030" in partnership with Northrop Grumman, focused on solutions for cybersecurity, supply chain localization, and the environment. Winning projects included Wajid, an app for finding missing persons during Hajj, Sitlr, a parental control app, and ClinTech, a waste management service. Why it matters: The STEAM Innovation Challenge and similar KAUST initiatives are important for fostering entrepreneurship among young Saudis in line with the Kingdom's Vision 2030 economic transformation objectives.
The MBZUAI Incubation and Entrepreneurship Center (MIEC) is supporting AI startups in Abu Dhabi, leveraging its position as the region’s first AI-native incubator. In its first year, MIEC has supported nine startups that have attracted external funding exceeding internal grants by eight times. MIEC is also launching an AI-focused Mentors Network connecting international AI experts and investors with startup founders. Why it matters: MIEC's activities help grow the AI ecosystem in the UAE, which is seeing rapid growth in the number of AI companies.
KAUST has launched Hikma, a new accelerator program to develop intellectual property-based startups, involving 16 teams from KAUST and regional universities. The 6-month program is run by the KAUST Entrepreneurship Center with assistance from the KAUST Technology Transfer Office. Hikma aims to provide a structured development process for startups focused on intellectual property and assist in creating homegrown businesses from university technologies. Why it matters: This initiative signals KAUST's commitment to supporting economic development in Saudi Arabia by fostering knowledge-based startups and maximizing the impact of university research.
KAUST launched the third cohort of its TAQADAM startup accelerator program on February 8th. The program, a partnership between KAUST and SABB, aims to equip students, faculty, and recent Saudi graduates with the tools to launch tech companies. This year's cohort consists of 133 people from 42 startups, with 35% female participation. Why it matters: Accelerators like TAQADAM are crucial for fostering entrepreneurship and translating research into commercial ventures, contributing to Saudi Arabia's diversification goals.
MBZUAI's Incubation & Entrepreneurship Center (IEC) hosted an Open Day for over 200 community members, including the university's first undergraduate students, to promote building AI startups in Abu Dhabi. The IEC highlighted its progress with 14 Abu Dhabi-based AI startups and announced a new demo day called "Build It" to showcase working demos from students, researchers, and founders. The "Build It" demo day aims to accelerate prototype development into real products, prioritizing submissions from within MBZUAI but also open to external teams. Why it matters: This initiative reinforces Abu Dhabi's growing ecosystem for AI entrepreneurship by providing resources, capital, and community support to foster innovation and product development.
The TAQADAM University Entrepreneur Accelerator program held a showcase at KAUST featuring 13 Saudi university startup teams. The program, sponsored by the Saudi British Bank (SABB), aims to develop early-stage entrepreneurs into high-potential startups. The overall winner was Telaa, offering an anti-corrosion coating using recycled crumb rubber. Why it matters: This multi-university accelerator boosts Saudi Arabia's Vision 2030 by fostering innovation and supporting the SME sector, providing crucial seed funding and mentorship for young entrepreneurs.