Al-Farabi Innovation Hub launches the first cohort of the Al-Farabi ScaleUp program

The Al-Farabi ScaleUp accelerator by Al-Farabi Innovation Hub is a unique initiative to support startups in partnership with the international platform Plug and Play Saudi. The program will be held in Riyadh, the capital of the Kingdom of Saudi Arabia. Applications are accepted until October 25.

The program is designed for startups at the Product-Market Fit and Scale stages from Central Asia and the Caucasus.

Al-Farabi ScaleUp was developed taking into account the specifics of the MENA region and the needs of startups aiming for growth and scaling. The partnership with Plug and Play, known for its expertise and successful experience working with innovative projects, provides participants with a unique opportunity to enter the Saudi Arabian market and connect with top corporations and venture funds in the region.

The program includes six weeks in an online format and eight weeks in an offline format. Participants will receive support in adapting their products to the regional market and the opportunity to attract investments from leading funds and investors in the region. The most promising projects are guaranteed to receive investments from the Tumar Venture Fund for scaling in Saudi Arabia and the MENA region.

The Al-Farabi ScaleUp accelerator program opens up unique opportunities for startups from Central Asia and the Caucasus. Saudi Arabia and the MENA region as a whole are among the fastest-growing markets in the world, where demand for innovations and technological solutions is enormous. Our goal is not only to help startups enter a new market but also to ensure their sustainable growth and integration into the regional ecosystem.

This is a unique chance for startups and technology companies aiming to scale their developments and establish themselves in one of the most dynamic markets in the world.

Applications are accepted until the end of October on the Al Farabi Innovation Hub website via this link.