Saudi Space Commission announces launch of Saudi Space Accelerator Program
Saudi Space Commission announces the launch of its Saudi Space Accelerator Program in line with the Kingdom's vision of becoming a global hub of innovation by 2030. The program seeks to enhance the national Space sector through the development of its infrastructure and enabling local entrepreneurs and businesses to advance innovative Space solutions.
The Program addresses the current state in the Kingdom's Space sector and proposes proactive Space solutions. Through the implementation of this program, the commission will ignite the local ecosystem and determine its maturity level, and to ensure that the sector remains viable for years to come, by providing an established business environment for growth and innovation for entrepreneurs to thrive in – overall improving the effectiveness of the commission's future programs and initiatives over the long-run.
The Saudi Space Accelerator Program is being supported by a greater initiative; The future Office for Entrepreneurship Development, that seeks to establish a new business unit within the commission dedicated to enabling the entrepreneurial space scene in the Kingdom. It aims to assess the current state of the sector, adopt best global practices, and develop a roadmap for local businesses. As for the Saudi Space Accelerator Program, it focuses on providing support to both local and international startups, which will enhance the promising and emerging space sector in the Kingdom. Participating entrepreneurs and startups will be supported in aligning their projects with internationally recognized best practices to achieve the Kingdom's 2030 goals.
By partnering with Techstars, the Saudi Space Commission is launching its first cohort in January 2023 to kickstart this new momentum. Through this first cohort the commission can access a niche market focused on space-related technologies, including drones, avionics, advanced structures, geospatial analytics, and a host of other technologies that contribute to the space industry development.
Aspiring entrepreneurs, both international and local, who are interested in developing their innovative solutions in the space sector are encouraged to apply for the first cohort of the Saudi Space Accelerator Program before the 12th of December. Qualified startups who meet the criteria will receive numerous benefits, including support from the commission, access to investors, financial support of up to 60,000 SAR for each startup, specialized training from international experts, networking opportunities, and one-on-one mentorship.
Apply here now: https://accelerator.saudispace.gov.sa/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Frank M. Salzgeber
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Boomi Appoints Former Citrix Executive as President and CFO, and Former SAP Executive as CMO1.2.2023 15:20:00 CET | Press release
Boomi™, the intelligent connectivity and automation leader, today announced the appointment of former Executive Vice President (EVP) and Chief Financial Officer (CFO) at Citrix Arlen Shenkman as President and CFO, and former President, Corporate Marketing at SAP Alison Biggan as Chief Marketing Officer (CMO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230201005169/en/ After recently appointing Steve Lucas as CEO, Boomi adds Arlen Shenkman, former Executive Vice President and Chief Financial Officer of Citrix, and Alison Biggan, former President, Corporate Marketing at SAP, to its accomplished executive leadership team (Graphic: Business Wire) “Boomi believes that building and maintaining connections is fundamental to not only business, but humanity,” said Steve Lucas, CEO at Boomi. “Arlen and Alison’s extraordinary track records as enterprise software leaders at some of the most well-recognized brands in the industry — c
Vista Equity Partners Completes Acquisition of KnowBe41.2.2023 15:17:00 CET | Press release
KnowBe4, Inc. (“KnowBe4”), the provider of the world’s largest security awareness training and simulated phishing platform, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, for $24.90 per share in cash. “Today’s acquisition is a significant milestone for the entire KnowBe4 team. It’s representative of our achievements to date, as well as our potential for continued long-term growth,” said Stu Sjouwerman, founder, Chairman and Chief Executive Officer of KnowBe4. “Vista provides the resources and operational expertise to enhance customer value. We’re thrilled to embark on this next chapter and realize our goals for addressing cybersecurity’s weakest link.” “The human element remains one of the most important yet neglected aspects of cybersecurity,” said Michael Fosnaugh, Co-Head of Vista’s Flagship Fund and Senior Managing Director. “Th
Rimini Street Announces Global Adoption of a Four-Day Workweek Model1.2.2023 15:01:00 CET | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced the global adoption of its popular four-day workweek program, named “Fabulous Fridays!,” through 2023. The decision to adopt the program for 2023 followed favorable results for both employees and the Company during a six-month trial phase in the second half of 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230201005440/en/ Rimini Street announced the global adoption of its popular four-day workweek program, named “Fabulous Fridays!,” through 2023. Rimini Street Listens, Measures, and Acts to Create a Better Workplace The bold decision to launch “Fabulous Fridays!” as a four-day workweek pilot in July of 2022 was an acknowledgement by Rimini Street’s leadership team of the physical fatigue and emotional
Snow Software Introduces New Global Partner Program to Drive Exponential Growth in Channel Ecosystem1.2.2023 15:00:00 CET | Press release
Snow Software, the global leader in technology intelligence, today announced a new global partner program designed to enable partners to support customers as they face complex market challenges around managing cost and mitigating risk, while delivering value more efficiently and effectively with Snow. The new program aims to drive exponential growth in the Snow channel ecosystem, creating new opportunities for partners to tap into an estimated and growing $11.5 billion Technology Intelligence market. Developed in collaboration with its current channel ecosystem, the new Snow partner program includes better support for multiple business models of partners, encouraging the creation of value-added services and driving tangible customer success by leveraging Snow technology. The program includes more partner incentives and rewards than the current program, while streamlining collaboration with Snow to better deliver value to shared customers. “Today’s economic climate demands more from eve
Hyper-scaling platform Kubeark raises $2.8m pre-seed round to help SaaSify software products and enable cloud adoption1.2.2023 15:00:00 CET | Press release
Kubeark, an open and infrastructure-agnostic platform which has made it its mission to support enterprises fix their scalability, delivery and lifecycle management challenges, has raised $2.8 millionin a pre-seed funding round. The investment round was led by Credo Ventures, with participation from Seedcamp, LAUNCHub Ventures, 500 Emerging Europe, and others. “Cloud computing continues to be an important technology trend, with ever more businesses becoming cloud-native. In the process, a major persisting challenge they face is to make applications more scalable and easier to deploy. We believe Kubeark is addressing this need by abstracting the complexity and allowing the user to define business rules that power the deployment process,” said Ondrej Bartos, Co-founder and General Partner at Credo Ventures. The pandemic forced CIOs, CFOs and CTOs to implement flexible cloud strategies and compelled businesses everywhere to look at tools that allowed them to take control of their mission-c