Industrial Business Accelerator Program

The Industrial Business Accelerator Program is one of the Public Investment Fund's programs. It contributes to supporting and empowering small and startup companies with the necessary tools to develop competitive and innovative products and services, while also fostering their growth in the Kingdom of Saudi Arabia. The program supports supply chains in alignment with the Public Investment Fund's national development objectives and Saudi Vision 2030. It was launched in June 2024.

The Industrial Business Accelerator Program aims to support emerging industrial companies by improving their operational processes, expanding their business scope, or establishing their presence in the Kingdom. It also contributes to enhancing the development of competitive products, guiding growth strategies, and participating in achieving localization objectives in the Kingdom. Additionally, the program facilitates connecting strategic partners and experts, fostering collaboration, and promoting knowledge sharing.

The Industrial Business Accelerator Program offers a diverse package of services, including:

- Modern infrastructure: Leveraging advanced resources and tools to support industrial business growth.

- Tailored mentorship sessions: Providing comprehensive support and expertise from industrial experts and specialized trainers.

- Unique Collaboration Opportunities: Connecting with global industry leaders, experts, and companies within the Public Investment Fund's portfolio.

- Expert-Led Training: Empowering participants with skills to grow industrial businesses, develop products, and manage production effectively.

To join the Industrial Business Accelerator Program, applicants must meet several requirements, including full-time enrollment for six months, with no participation in other programs during this period. Proficiency in English is mandatory, along with the ability to travel occasionally during the program, with related expenses covered. International applicants are also required to present a clear and actionable business plan capable of achieving expansion into the Kingdom within one year from the program's start.