Today we are excited to announce the launch of our 35th chapter - Riyadh, Saudi Arabia. The first ever Saudi Arabia Founder Institute is just around the corner, as the 4-month program is slated to start on February 21st. The program is open to existing and prospective technology founders of all kinds - with or without an idea, young or old, and with a full-time job or unemployed.
If you or someone you know could benefit from expert training and feedback to launch a technology startup in Riyadh, click here to apply. If you apply by the Early Application Deadline on Sunday, January 20th, you get to take the Predictive Admissions Test for free (typically $50), and have the best chance of acceptance.
If you would like to learn more, then join a free event we will be hosting in the next few weeks:
The Founder Institute is an early-stage startup accelerator and global launch network that, in just three years of operation, has helped launch over 650 companies across 34 cities and five continents. Through our part-time four month program, existing and prospective founders can launch their dream company with expert training, feedback, and support from experienced startup CEOs - while not being required to quit their day job. Our unique Graduate Liquidity Pool also enables graduates and mentors to share in the equity upside of each class, creating strong teamwork-based startup ecosystems where great companies can flourish. We call it "Globalizing Silicon Valley."
Riyadh is a prime market to launch a chapter of the Founder Institute. With a rapidly evolving culture of innovation and change, Riyadh has potential to become a strong tech leader in the Middle East. By creating a space to foster the developing technology scene, Saudis of all ages and backgrounds can dive into the world of ideas without hesitation, and build enduring and meaningful technology startups in Riyadh and beyond. As Riyadh continues to experience significant cultural changes, traditional roadblocks are quickly becoming eradicated and opportunities for entrepreneurial innovation are rapidly becoming available to all persons. As this cultural shift evolves, accelerators like the Founder Institute can help nurture the entrepreneurial spirit and ingenuity of Saudi citizens, and help put Riyadh on the map as a prime technology hot-spot.
The Riyadh chapter will be lead by local leaders Ahmad Al Kubair (CEO, Al-Raeda For Education Development) and Salem Bagami (Executive Director of the Saudi Tadawi Healthcare Company)
Expected Mentors for the program include;
- Abdul Aziz Al Oraij, CEO, Wajihah ITS
- Ahmad Al Kubair, CEO, Al-Raeda For Education Development
- Ali G. Asiri, Managing Director, 4C Consult
- Hany Al Hamidi, Founder, HoldingComp
- Khalid Al Khudair, Founder, Glowork
- Mansour Al Obaid, Managing Director, 2Share Co.
- Omar Al-Madhi, Chief Executive Officer, Volkswagen Group of Saudi Arabia
- Omar Al Juraifani, Member of Board Directors MSC
- Raaft Elsawy, CEO, Trillion Company
- Rakan Al Eidi, Founding Managing Director, Endeavor Saudi Arabia
- Salem Bagami, Executive Director, Saudi Tadawi Healthcare Company
- And many more to be announced.