Apply for the NRG Ventures Business Accelerator

26 August, 2022

 

During the acceleration period, the startup will assess its business development potential in the Middle East, relocate the business to Saudi Arabia or UAE, attract corporate clients and attract investments from local venture capital funds and private investors as well as from NRG Ventures.

The programme will consist of regular meetings with clients and investors, on-demand 1-1 mentoring sessions with the experts you need, visits to special events from local corporations and development institutions, and regular sessions with the local NRG Ventures team.

NRG Accelerator's key benefits:

— Support from the region's major private and public organisations: KACST, Saudi Telecom, Saudi Aramco, RAKICC and other major players in the region

— Full relocation support and $100,000 grant for relocation and business startup in the region

— Mentorship by leading experts from the region

— Assistance in hiring local professionals – from startups to Harvard, Stanford and other graduates

— Unique access to one of the world's best scientific and technological infrastructures: supercomputers, fablabs, laboratories, etc.

To take part in the accelerator, startups at the Pre-Seed, Seed stage in DeepTech, AI, FinTech, HealthTech, Logistics, Robotics, Cybersecurity, E-commerceFoodTech, TravelTech are required. The founders must be from the former Soviet Union and have first sales.

NRG Ventures is a venture capital fund that invests in tech B2B start-ups with founders from post-Soviet countries, actively supporting their development in Middle Eastern markets.

When: From October 2022 to March 2023.

Deadline: 25 September 2022.

Read more on the accelerator website

Apply