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TAQADAM, Powered By KAUST And SABB, Invites Applications For Its Fall 2021 Cohort

TAQADAM, Powered By KAUST And SABB, Invites Applications For Its Fall 2021 Cohort
Entrepreneur
2 hrs ago
© TAQADAM
With April 18, 2021 being the deadline for applications for the next cohort of TAQADAM, a startup accelerator powered by King Abdullah University of Science and Technology (KAUST) and Saudi British Bank (SABB), Hattan Ahmed, Head of KAUST Entrepreneurship Center, and Abdulrahman AlJiffry, Accelerator Manager at KAUST Entrepreneurship Center, had a lot to say when asked why entrepreneurs should not miss this chance for getting support for bringing their business ideas to life.
Since its launch in 2016, TAQADAM has successfully graduated over 126 startups through its program, which has seen more than SAR16 million being awarded in zero-equity grant funding to the entrepreneurs behind these enterprises. TAQADAM also has the distinction of being a startup accelerator housed at a hub of innovation for local and international startup ....

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UAE startups top in funding, deals led by ecommerce in 2020

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Over $1bn piled into MENA-based startups in 2020

Over $1bn piled into MENA-based startups in 2020
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Over $1bn piled into MENA-based startups in 2020
The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020
by Zainab Mansoor
January 12, 2021
A staggering $1.031bn was plowed into MENA-based startups in 2020, marking a 13 per cent increase from 2019, startup data platform MAGNiTT has confirmed.
Despite crossing the $1bn mark for the first time, the region’s total deal count pared by 13 per cent, down to 496 transactions last year, the ....

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Pakistani startups to witness the largest growth in funding in 2021: report

Pakistani startups to witness the largest growth in funding in 2021: report
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New $25m Abu Dhabi venture fund to target early stage companies

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A new Abu-Dhabi-based venture capital company completed the first close of its $25 million debut fund.
Access Bridge Ventures’ fund is being backed by Mubadala Capital, Saudi Venture Capital Company (SVC) and a number of other investors, including several prominent family offices , the company said. It will invest in early stage businesses across the Middle East, North Africa and Pakistan, according to co-founder and managing partner Issa Aghabi.
“We’ve developed a spectacular network of stakeholders over the years – be it investors, entrepreneurs we’ve supported and helped [or] government and sovereign stakeholders we’ve worked with in the past,” Mr Aghabi told ....

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