FAQ
In the headquarters of Wadi Makkah for technology.
• Benefits vary from one program to another, in the business incubator program you will get the following:
1.Provide shared workspace for a teamCompany.
2. Intensive workshops to help you complete the construction of the product and Browning business Model.
3.Support and consultancy services throughout the incubation period.
4.Financial support up to SR 50,000.
• For a business speeding program, you'll get the following:
1.The common workspaces of the startup company.
2.Intensive workshops to help you build a business plan and market access.
3. Support and consultancy services throughout the incubation period.
4.Financial support up to SR 400,000.
• As for the Bold venture capital program, you will receive the following:
1.Financial support determined by the company, its activity and its financial results.
2.Connect with a network of investors and benefit from the expertise and support provided by them.
• You can apply for the incubator in the following cases:
1.If you have only an initial product.
2.You do not have an existing company.
3.You do not have sales or users of your product significantly.
• As for the accelerator, you can apply for it in the following cases:
1.If you have an integrated product.
2.You have an existing company.
3.Having a business plan.
• You can apply for the bold capital program in the following cases:
1.If you have an integrated product.
2.You have an existing company.
3.You have an annual profit that exceeds250 thousand riyals.
4.There's a spread in the market. Local, regional or global.
5.You have growth in profits.
Through this link
- Yes, you can save the form and return to complete it later if desired.
Try to be accurate in filling in your data, and the information provided is clear and correct.
Yes you can.
Ranges from 3 to 6 months
You will be You will be contacted either through email or mobile to inform you of the result of the submission.
Integrated Team Presence will increase your chance of acceptance, but it is not mandatory.
For the incubator there is no deductible, but in the program of speeding and capital there are between 15%-25% are determined in the period of signing the contract.
Financial support is provided in the form of payments based on commitment and completion reports that will be submitted periodically.
In the incubator model > "Emerging domains" field > Select "Social entrepreneurship"
You can contact us at Biak-mak@wadimakkah.sa