Q: How are you compensated for your services?
A: We are not a commercial entity seeking pure profit. We have a developmental role to help the KSA technology industry. Our services are highly subsidized, and come at a much lower cost compared with the actual market cost for a similar set of services. The cost of our services will depend upon our evaluation of the Incubation candidates and their logistical and strategic support services needs.

Q: How do you evaluate opportunities and projects?
A: Before we admit an incubation candidate, we take several steps to ensure the viability of the business. We assess a multitude of criteria including the product or service offering, the market opportunity, the management team, and the fit with our business objectives and support services.

Q: How do you deliver your services to member companies?
A: We directly immerse our management and advisors into member companies as they assemble their own teams. We dedicate the necessary assistance to take a business concept and quickly launch it into the market as a thriving business - including logistical support, and collaboration with teams of experts in business development, marketing, human resources management, and other areas.

Q: Do you have a focus in terms of the business that you incubate?
A: We focus on companies in the technology sector and other high-growth industries that are technology driven. Our companies are typically KSA companies at their early stage of development. We have particular experience in oil & gas as well as manufacturing technology driven businesses.

Q: How do I apply for the Incubator?
A: As a first step, we require entrepreneurs or start-ups to fill out our preliminary application questionnaire. We will review of the application and may invite successful candidates for screening interviews. Qualifying candidates will usually be requested to submit a business plan which will be evaluated according to our internal process.

Q: I have a good idea, but I do not have a business plan. Can I still apply?
A: Yes. First, please fill out our questionnaire. Successful candidates may be assigned an advisor to help them develop their business plan.

Q: How do I guarantee the confidentiality of my idea or business plan?
A: We maintain strict confidentiality over our candidates. Only our management and advisors have access to your business plan.

Q: My startup is based outside of KSA. Can you still help me?
A: Yes. We also help KSA expatriates and international companies wishing to establish presence in KSA and invest in the KSA technology industry through our Incubator and services.

Q: I don’t need office space but would like to benefit from the strategic and operational support services of the Incubator. Can I still apply for that?
A: Yes. Upon evaluation of your application, we will determine if your qualify for our services and maybe able to work with you in a “virtual incubation model”.

Q: How long will the Incubation last?
A: There is not set date of graduation from the incubator. Each member company is treated individually. However, Incubation experiences have shown that a successful incubation usually takes between 6-24 months.

Q: How long will it take for you to review my idea and admit me to the Incubator?
A: We commit to reviewing all applications and business plans submitted as per our guidelines. You will hear back from our team whether or not we decide to pursue your business. Although there is no set timeline for a final decision, we anticipate that it will take between 4-8 weeks for successful candidates to be admitted to the Incubator from the day of submitting their preliminary application.

Click here to open the Online Application Form