The Suliman S. Olayan Foundation and KAUST broke ground for The Suliman S. Olayan Institute for Innovation and Entrepreneurship in Thuwal, Saudi Arabia. The institute will foster collaboration between science, technology, industry, business and entrepreneurship, focusing on sustainable solutions for water, food, and energy. It will consist of startup scaling, teaching & learning, and public spaces. Why it matters: The institute will help incubate Saudi-bred intellectual property and drive innovation in key sectors, contributing to the Kingdom's economic diversification goals.
KAUST and SABB will award 10 million SAR to entrepreneurs in the fourth TAQADAM Startup Accelerator program, doubling the zero-equity grants from previous years to 150,000 SAR per startup. 59 startups across sectors like agriculture, logistics, and healthcare have joined the cohort. Participating startups will receive expert mentorship and training, industry exposure, and funding to invest in growth and development without sacrificing equity. Why it matters: This increased funding and support from KAUST and SABB signals a strong commitment to fostering a thriving deep-tech startup ecosystem in Saudi Arabia, providing crucial resources and mentorship to promising ventures.
Forbes Middle East's 30 Under 30 list for 2025 includes four KAUST students/alumni in Science and Technology, and two Saudi founders from KAUST's TAQADAM accelerator in Commerce and Finance. The KAUST honorees are Aljawharah Alsharif (wearable health tech), Arwa Alghuneim (blood cancer research), and Esraa Fakeih (femtech startup Gees). These individuals are recognized for leveraging their KAUST education and research to make real-world impacts, particularly in global health. Why it matters: This recognition highlights KAUST's role in developing Saudi talent and contributing to advancements in science, technology, and entrepreneurship within the region.
KAUST will host the Asian Science Park Association (ASPA) Conference in November 2026. The conference will be held at the KAUST Research and Technology Park (KRTP). The event aims to promote scientific and industrial technologies and economic growth across Asia. Why it matters: This event further positions Saudi Arabia as a hub for innovation and collaboration between the Middle East and Asia, aligning with Saudi Vision 2030's goals for entrepreneurship.
KAUST startup Saee, a last-mile delivery company, was recently acquired by Estimkan Holding. Co-founded by KAUST alumnus Dr. Tariq Alturkestani, Saee benefited from KAUST's support through programs like the KGSP and the TAQADAM Startup Accelerator. Saee evolved from a carpooling app for women into a logistics solution for parcel delivery, adapting to the changing Saudi market. Why it matters: The success of Saee demonstrates KAUST's increasing role in fostering entrepreneurship and contributing to Saudi Vision 2030 by developing innovative ventures.
KAUST's Technology Innovation and Entrepreneurship (TIE) Program has partnered with Burson and Landor to enhance entrepreneurial education. The partnership aims to equip students with branding and communication skills through workshops and real-world case studies. Senior experts from Burson and Landor led a two-day workshop covering brand fundamentals, communication strategies, and storytelling. Why it matters: This collaboration addresses a critical gap in traditional technical education by integrating essential branding and communication skills, empowering students to effectively launch and scale their ventures, thus supporting Saudi Arabia's knowledge-based economy.
KAUST's Technology, Innovation, and Entrepreneurship (TIE) program and the National Industrial Development and Logistics Program (NIDLP) are collaborating to train Saudi entrepreneurs. The "Startup Founder Leadership Program," co-developed with SDA Bocconi, provided five-day intensive training to 28 participants selected from 147 applicants. The program focused on marketing, communication, finance, and entrepreneurship management skills. Why it matters: This partnership highlights the focus on developing local talent and fostering innovation within Saudi Arabia's evolving entrepreneurial ecosystem.
KAUST's Technology Innovation and Entrepreneurship (TIE) students excelled at the International Business Plan Competition (IBPC) in Austin, Texas, securing positions on the winning, second-place, and third-place teams. The competition focused on transportation and logistics, with KAUST students developing a drone-based solution for organ transport. KAUST sponsored the event, highlighting its commitment to research commercialization and international partnerships. Why it matters: KAUST's strong showing in this international competition underscores its role in fostering innovation and entrepreneurship, aligning with Saudi Vision 2030 and KAUST's strategic priorities.
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 and the National Industrial Development and Logistics Program (NIDLP) partnered to empower Saudi entrepreneurs through the 1K MILE Program and KAUST's Saudi Leadership Institute (KSLI). Held at KAUST, the program included participants selected from the 1K MILE Program honing their skills alongside peers and trainers from the Thunderbird School of Global Management at Arizona State University. The "Leadership in the Fourth Industrial Revolution Workshop" featured industry leaders from top Saudi organizations, emphasizing automation and technology adoption. Why it matters: This collaboration fosters high-growth sectors and develops future leaders, aligning with Saudi Arabia's vision for economic growth and innovation in line with Vision 2030.
KAUST launched the ShenTech Bootcamp in Shenzhen, China, in collaboration with Shenzhen InnoX Academy, hosting 45 Saudi startup founders and students. The program, which ran from January 4-18, 2024, focused on equipping participants with business strategies and technical skills for developing market-ready products. KAUST also created a master’s degree graduate program: Technology, Innovation and Entrepreneurship (TIE) which includes an immersive startup innovation experience in Shenzhen. Why it matters: This initiative fosters knowledge exchange and collaboration between Saudi and Chinese innovators, aligning with Saudi Arabia's efforts to cultivate a thriving startup ecosystem and develop hardware and software products.
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, in partnership with the University of Texas at Austin and the U.S. Consulate General Jeddah, completed a bootcamp for 45 Saudi-based female founders. The "Empowering Saudi Women Through Entrepreneurship" program aims to build entrepreneurial capabilities and expand access to markets. Participants engaged in branding, fundraising, and pitching sessions, with finalists receiving further training at UT-Austin. Why it matters: The initiative supports Saudi Vision 2030 by fostering female entrepreneurship and diversifying the economy, potentially leading to innovative solutions for Saudi societal challenges.
KAUST and SABB awarded $1.1 million in non-dilutive funding to 11 startups at the TAQADAM Startup Accelerator Showcase. Ten startups each received $100,000 from a judging panel, and Autlient, a computer vision startup, won the People's Choice award and an additional $100,000. The TAQADAM accelerator aims to develop early-stage entrepreneurs and their concepts into high-potential startups from Saudi Arabia and beyond. Why it matters: This funding boosts the Saudi startup ecosystem, particularly in areas like fintech, health tech, and AI-driven solutions like computer vision, fostering innovation and economic diversification.
KAUST hosted the KAUST Ignite ideation challenge with 90+ students from Saudi universities participating. The three-day event partnered with the Ministry of Hajj and Umrah, SWCC, and SAEI, challenging students to address regional and global issues. Participants formed teams to develop solutions for real-world challenges in water, aviation, and the Hajj experience, presenting their ideas to judges. Why it matters: This initiative fosters innovation and entrepreneurship among Saudi students, addressing critical challenges and contributing to Saudi Arabia's economic transformation.
KAUST's first Arabic MOOC, Entrepreneurship Adventures, on edX.org saw 17,000 learners attend the 10-week course, with 81% from Saudi Arabia. The free online course, developed by KAUST's Entrepreneurship Center, aims to provide fundamentals of entrepreneurship in Arabic. A survey showed that 74% of participants felt confident to join a startup and 60% would pursue entrepreneurship. Why it matters: This initiative helps break down barriers to entry for young Saudi entrepreneurs, fostering local talent and contributing to the Kingdom's economic diversification goals.
Hattan Ahmed, Head of the KAUST Entrepreneurship Center, emphasizes the importance of community for entrepreneurial success, noting that even visionary entrepreneurs rely on support networks. A supportive community can be the difference between success and failure for startups. KAUST aims to foster such an environment to attract talent, investment, and encourage future entrepreneurs in Saudi Arabia. Why it matters: This highlights the strategic focus on community building to accelerate startup growth and innovation within Saudi Arabia's evolving entrepreneurial ecosystem.
KAUST has launched its first Massive Open Online Course (MOOC) titled "Entrepreneurship Adventures" on edX, starting July 4, 2021. The gamified masterclass is the first entrepreneurship course in Arabic on the edX platform. It features industry experts like Amin Al-Nasser (Saudi Aramco) and Lubna Olayan (Saudi British Bank). Why it matters: The course aligns with Saudi Vision 2030, addressing the increasing demand for entrepreneurship education and supporting the Kingdom's startup ecosystem.
KAUST, in partnership with SABB, has opened applications for the 2021 TAQADAM Startup Accelerator, welcoming up to 60 startups. Each startup will receive 150,000 SAR in zero-equity grant funding, access to co-working spaces, training, and expert mentors during the six-month program. Saudi Arabian-based startups at all stages and international startups planning to expand into Saudi Arabia are encouraged to apply by April 10, 2021. Why it matters: This accelerator program provides crucial resources and funding for early-stage entrepreneurs in Saudi Arabia, fostering innovation and contributing to the growth of the Kingdom's startup ecosystem.
KAUST is partnering with the MiSK Global Forum (MGF) to support the 2020 Entrepreneurship World Cup (EWC), hosting a bootcamp for finalists. Four of the six Saudi startups among the top 100 in the EWC global finals are from KAUST. The EWC is the world's largest entrepreneurship competition, attracting 175,000 applicants from 200 countries. Why it matters: This partnership provides KAUST-nurtured startups with significant global exposure and resources, strengthening the Saudi entrepreneurship ecosystem.
KAUST's TAQADAM Accelerator program has commenced its fourth cohort virtually, featuring 59 startups and 168 entrepreneurs from Saudi Arabia, Bahrain, Lebanon, and Egypt. This year marks the first time international startups have been accepted into the program, which offers up to SAR 150,000 in zero-equity funding. The bootcamp includes intensive training, workshops, mentorship, and guest speakers from UC Berkeley and GEN. Why it matters: This accelerator is a key initiative by KAUST and SABB to foster entrepreneurship and technological innovation in Saudi Arabia, aligning with the Kingdom's Vision 2030 goals.
An article from KAUST discusses the impact of the COVID-19 pandemic on entrepreneurship, drawing parallels with past economic crises. It suggests that while economic stress makes funding difficult, it also creates opportunities for innovation and new ventures. The article highlights how companies like Uber and Airbnb emerged after the 2008 financial crisis by offering solutions to financially stressed individuals. Why it matters: The piece provides a useful perspective on how crises can spur innovation and entrepreneurship in the GCC region, relevant for policymakers and investors.
KAUST alumnus Fahad Hossain (M.S. 2010, Ph.D. 2014) discusses his journey from KAUST to UC Berkeley, where he co-founded Serinus Labs Inc., a manufacturer of integrated silicon gas sensors. Serinus Labs develops gas-sensing solutions for air-quality monitoring, safety, and preventive healthcare. NASA became Serinus' first customer in 2018, contracting them to develop multi-gas sensors for the next generation of spacesuits. Why it matters: This highlights the impact of KAUST graduates in developing advanced sensor technologies and securing partnerships with leading organizations like NASA.
KAUST and SABB have launched the fourth TAQADAM Startup Accelerator program, open to all entrepreneurs in Saudi Arabia. The six-month program offers accepted startups 150,000 SAR in zero-equity grant funding, mentorship, and access to co-working and lab facilities. Startups can compete for an additional 375,000 SAR in follow-on funding at the end of the program. Why it matters: This initiative is key to supporting the growth of the entrepreneurship ecosystem in Saudi Arabia and diversifying the Kingdom's economy, aligning with Saudi Vision 2030.
KAUST recently concluded a two-week interactive course called "Entrepreneurship for All," developed by Stanford University faculty. The course teaches leadership, entrepreneurship, and innovation through design thinking, and is the first of its kind in a Saudi Arabian higher education institution. Students learn to apply design thinking to generate prototypes and market-ready products, as well as negotiation and networking skills. Why it matters: The course supports Saudi Vision 2030's objectives to increase entrepreneurship and create new companies in high-value sectors, contributing to the Kingdom's innovation ecosystem.
KAUST and the Misk Initiatives Center signed a Memorandum of Understanding (MoU) to expand collaboration and achieve national development goals. The partnership focuses on academic and pre-professional development for Saudi students, entrepreneurial activities, and joint educational programs. Top students from Misk will be nominated for KAUST programs like SRSI, KGSP, and KSLP. Why it matters: This MoU signifies a strategic alignment between KAUST and Misk to cultivate Saudi talent and promote innovation, contributing to the Kingdom's Vision 2030.
KAUST will host 96 Entrepreneurship World Cup (EWC) finalists from 64 countries for an entrepreneurship bootcamp, in partnership with the Misk Global Forum (MGF). The finalists will receive training at KAUST to prepare for the EWC global finals at the MGF in Riyadh in November. Six of the finalists are from Saudi Arabia and are graduates of KAUST's entrepreneurship programs. Why it matters: This partnership strengthens Saudi Arabia's position as a hub for global entrepreneurship and aligns with its economic transformation goals by attracting international startups and talent.
KAUST alumna Vasiliki Kordopati turned a student project on laser-based illumination for horticulture into a startup called Oaesis Lighting Systems. She participated in KAUST's TAQADAM Accelerator program and is now developing a pilot project in the KAUST Research and Technology Park. KAUST is focused on embedding entrepreneurship into the academic experience, minimizing risk and offering innovators room to experiment. Why it matters: KAUST is fostering a new generation of deep technology entrepreneurs in alignment with Saudi Arabia's Vision 2030 goals for economic diversification.
Five KAUST startups, graduates of programs like TAQADAM and 9/10ths Accelerator, each secured $50,000 at the Misk Entrepreneurship World Cup (EWC). Sadeem CEO Mustafa Mousa highlighted KAUST's role in supporting their flood-safety technology venture. KAUST will host a bootcamp for the finalists in preparation for the EWC Global Finals in Riyadh. Why it matters: This showcases KAUST's increasing role in fostering deep-tech entrepreneurship and supporting Saudi Arabia's innovation ecosystem.
KAUST Ph.D. students Sandra Medina and Luisa Javier created WAYAKIT, a compact, organic, and portable multi-cleaner and odor remover for travelers. Their biotechnology-based startup, WAYAK Group, aims to transform the laundry industry with affordable, low-resource solutions. WAYAKIT uses biotechnology to degrade odor-causing molecules and solubilize stains. Why it matters: This showcases KAUST's entrepreneurial environment and the potential for scientific research to address practical, everyday challenges with sustainable solutions.
KAUST hosted the annual STEAM Innovation Challenge with 300 undergraduates from 20 Saudi universities participating. The challenge focused on creating innovative concepts for pressing national and global challenges, particularly around sustainable cities. Winning teams included iCare (pilgrim vitals monitoring), Cure (unused medication redistribution), and EHFADHHA (food demand prediction). Why it matters: Such challenges foster local talent and innovation aligned with Saudi Arabia's Vision 2030 goals for economic diversification and technological advancement.
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.
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.
KAUST startups, including Sadeem (a wireless sensor system for flood monitoring), have won top prizes in entrepreneurship competitions such as GITEX Future Stars, ArabNet Riyadh, and the Oqal Best Entrepreneur Award. Sadeem won Best Global Startup at GITEX and took home $100,000. KAUST supports early-stage startups through accelerator programs like TAQADAM and 9/10ths, as well as the KAUST Research & Technology Park. Why it matters: This success highlights KAUST's role in fostering innovation and entrepreneurship in Saudi Arabia, contributing to the Kingdom's growing startup ecosystem and economic diversification efforts.
KAUST and the Saudi British Bank (SABB) are partnering in the TAQADAM Startup Accelerator program, supporting 82 entrepreneurs from 37 teams across 18 Saudi universities. The program offers up to SR75,000 ($20,000) in pre-seed funding from SABB, working spaces at KAUST, and mentorship over six months. The accelerator has awarded SR4.5 million ($1.2 million) in pre-seed funding to date and aims to contribute to economic development and job creation in line with Saudi Vision 2030. Why it matters: This collaboration fosters innovation and entrepreneurship in Saudi Arabia, providing crucial resources for startups in key technology sectors like AI and fintech.
KAUST and Imperial College London highlighted the development of young professionals as a result of their partnership. They mentioned Imperial-KAUST alumnus Dr. Bin Zou, co-founder of LoMaRe Ltd., and Dr. Jing Pang, a KAUST-supported Ph.D. student and co-founder of Neuron Technology Ltd. The partnership is seen as mutually beneficial, strengthening both universities. Why it matters: This underscores KAUST's role in fostering innovation and entrepreneurship through international collaborations.
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.
28 student and faculty-led teams have been selected for the inaugural TAQADAM Accelerator Cohort at KAUST. The program is sponsored by the Saudi British Bank. Why it matters: This accelerator program will help foster entrepreneurship and innovation within the Saudi ecosystem.
KAUST held an Innovation & Economic Development Open House event on October 4 and 5. The event showcased industry partners in the KAUST Innovation Cluster, including Dow Chemical, SABIC, Saudi Aramco, and startups like FalconViz and NOMADD. Student groups like the Entrepreneurship Business & Innovation Group (eBIG) also participated, highlighting efforts to foster innovation within the KAUST community. Why it matters: This event demonstrates KAUST's ongoing commitment to fostering entrepreneurship and translating research into real-world applications, aligning with Saudi Arabia's broader economic diversification goals.
KAUST's Entrepreneurship Center hosted a STEAM Innovation Challenge. The challenge involved applying science, technology, engineering, arts, and mathematics to solve global problems. Participants engaged with KAUST faculty and industry experts. Why it matters: The event highlights KAUST's commitment to fostering innovation and entrepreneurship through multidisciplinary approaches to address pressing global challenges.
The 7th annual Global Competitiveness Forum (GCF) was held in Riyadh, gathering experts including KAUST President Jean-Lou Chameau. The forum focused on building competitive partnerships and developing world-class infrastructure in Saudi Arabia. President Chameau discussed fostering entrepreneurship, leveraging technology, and the role of research universities in innovation ecosystems, highlighting KAUST's contributions. Why it matters: This participation highlights KAUST's ongoing efforts to build an innovation ecosystem in Saudi Arabia and its role in translating research into commercial ventures.
Mark Crowell, KAUST's VP of Innovation and Economic Development, highlights the university's culture of innovation and its role in driving economic development. KAUST's strategically connected programs, like the Research & Technology Park and Innovation Fund, connect research to the world. Key industry partners such as SABIC and Saudi Aramco leverage KAUST's resources. Why it matters: KAUST's focus on innovation and partnerships signals its commitment to diversifying Saudi Arabia's economy and becoming a global hub for technology and entrepreneurship.
KAUST's Entrepreneurship Center was named a High Impact Program at the UBI Global Benchmarking Conference held in Saudi Arabia. The award recognizes university-affiliated incubators with a high impact on their ecosystem. The KAUST center is nominated for a summit in Sweden as one of the top 100 university business incubators. Why it matters: The recognition highlights KAUST's role in fostering entrepreneurship and innovation in the Saudi ecosystem, contributing to economic development and attracting investment.
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.
Paul Thurk from ARCH Venture Partners spoke at KAUST about university spinouts. He advised students on forming startups, emphasizing the importance of credible endorsements, strong teams, and adaptable business plans. Thurk highlighted the need to anticipate market trends and set achievable milestones for fundraising. Why it matters: This talk provides insights into venture capital perspectives on academic entrepreneurship in Saudi Arabia, potentially guiding future tech transfer efforts at KAUST and similar institutions.
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 hosted the Falling Walls Lab, featuring 22 finalists presenting their product or venture ideas. The winner, Aftab Hussain, presented a reusable, flexible, and smartphone-controlled smart thermal patch for chronic pain, intended as an alternative to existing solutions. The event served as a qualifier for the international Falling Walls Lab Finale in Berlin. Why it matters: Showcases KAUST's focus on innovation and provides a platform for students to develop solutions addressing global challenges, fostering entrepreneurship in the region.
KAUST Discovery highlighted Prof. Karl Leo's insights on translating science into business from an Entrepreneurship Center speaker series. Prof. Leo, with 440 publications and 8 co-founded companies, emphasized the importance of curiosity-driven basic research. He envisions organic semiconductors dominating electronics in 20-30 years, noting the success of Novaled, his OLED company in Dresden. Why it matters: This underscores KAUST's focus on fostering entrepreneurship and translating research into practical applications within the Kingdom.
Sonny Vu, CEO of Misfit Wearables, spoke at KAUST about the importance of design in technology and shared his entrepreneurial philosophy. He emphasized rapid prototyping, user feedback, and enjoyable user experiences, as seen in his previous company AgaMatrix and his wearable activity monitor, the Shine. Misfit Wearables successfully raised $100,000 through crowdfunding in just nine and a half hours. Why it matters: This highlights KAUST's role in fostering entrepreneurship and promoting innovative approaches to product development in the region, particularly in wearable technology.