Saudi MCIT launches 7th Tech Founders program to empower startups

Saudi MCIT launches 7th Tech Founders program-GCC Business News
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By Arya M Nair, Content Head
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The Saudi Arabia Ministry of Communications and Information Technology (MCIT), represented by the Center of Digital Entrepreneurship (CODE), has launched the seventh cohort of the Tech Founders program, comprising 20 founders of digital startup companies.

This Tech Founders initiative comes as part of MCIT’s ongoing efforts to empower entrepreneurs and develop their leadership, operational, and technical capabilities.

The program aims to enhance participants’ skills in building and scaling technology companies through multiple international journeys.

These include specialized training boot camps, hands-on workshops, and digital enablers, in addition to interactive meetings with international experts and investors, field visits, and participation in global conferences.

These activities contribute to broadening participants’ perspectives and strengthening their companies’ readiness for growth and expansion.

Tech Founders is part of The Multiverse initiatives, which aim to invest in national entrepreneurial talent and equip it with the tools and knowledge needed to build digital companies capable of competing locally and globally

Tech Founder Program offers a development program of three different Phases:

  • Local bootcamp Program aims to develop the skills of technical entrepreneurs , which includes an intensive training program for one week.
  • International Incubation Program aims to develop entrepreneurial companies, which includes an 6-weeks training program with the best universities.
  • Sustainability Program aims to provide the necessary support to the entrepreneurs to reach the targets set in the incubation program and provide the necessary support for the continued growth.

The program supports the growth of the digital economy and reinforces the Kingdom of Saudi Arabia’s position as a global hub for entrepreneurship and innovation.

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