Saudi Arabia forms first space entrepreneurship alliance

Saudi Arabia forms first space entrepreneurship alliance

The Communications, Space & Technology Commission (CST) has announced the formation of a space entrepreneurship alliance to achieve growth and sustainability as well as to develop a solid foundation in the space sector.

The alliance was announced during the Commission's participation in the seventh edition of the "Garage Disrupt" event. Acting Deputy Governor​ of the Space sector at CST Frank Salzgeber explained that the alliance aims to create an entrepreneurial ecosystem in the space sector. It will be a platform to gather stakeholders to support Saudi entrepreneurs in innovation, as the Garage is the first to join this alliance, he added.

Salzgeber pointed out that the alliance aims to create a strong foundation for innovation and entrepreneurs in the Saudi space sector, by providing access to resources and services like shared workspaces and technical labs, as well as support initiatives like accelerator programs, workshops, and Hackathons. The alliance also seeks to connect entrepreneurs with investors and experts in the field. The Garage Disrupt is a monthly event to gather tech startups and investors with the presence of representatives from the public and private sectors to promote growth and sustainability for startups.

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