- Five start-ups from King Abdullah University of Science and Technology (KAUST) won the Saudi qualifiers for the Entrepreneurship World Cup (EWC) at the Prince Mohammad Bin Salman College of Business and Entrepreneurship (MBSC) recently.
The five winning start-ups, each of whom earned $50,000, were graduated from the KAUST’s Entrepreneurship Programs.
The five winning start-ups included Red Sea Farms, an emerging company using saltwater technology for desert agriculture, Dhad (an Arabic platform for audio book), Faheem application (an educational platform to connect tutors with students Saudi Arabia), Sadeem Technology for flood management, air quality, and traffic control, and Cura (a telemedicine application).
KAUST’s Vice President of Innovation and the judge at EWC, dr. Kevin Cullen said that seeing many of the technologies on stage today at the EWC was really impressive as an indication to Saudi Arabia’s growing entrepreneurial momentum during the past year.
For its part, the KAUST Center for Entrepreneurship presented a workshop entitled “Launching Your Next Art Project” during the final of the tournament as more than 20 participants developed ideas to start using techniques such as 3D printing and virtual reality.
KAUST will host the five winning start-ups in its campus during a week-long training camp in preparation for the finals of EWC, to be held at the annual meeting of the Misk global forum in Riyadh in November.
The success of the KAUST start-ups in the Saudi finals for the EWC is testimony to the University’s history of leading the entrepreneurship sector in Saudi Arabia. In the past decade, KAUST has set up a training and investment fund for entrepreneurship that has resulted in a network of 206 start-ups, which receives financial and advisory support from KAUST and also benefits from laboratories and prototype work.