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KAUST Innovation Fund provides funding for technology-based startups

KAUST · Jun 7

The KAUST Innovation Fund will provide venture capital investments in technology-based startups, ranging from seed funding (less than $200,000) to early-stage (up to $2 million). KAUST aims to become a shareholder in the startups it funds and act as a long-term strategic partner. Applications for seed funding can be submitted at any time, and the Fund is seeking startups with a large potential market, a superior product/technology, and a strong team. Why it matters: This initiative should accelerate the growth of technology startups in Saudi Arabia and attract international investment to the Kingdom's innovation ecosystem.

Seed Fund Spring Gala 2014 unveils three winning startup projects

KAUST · Dec 1

KAUST's Spring Seed Fund Gala recognized three winning teams from its spring funding round. The winning projects include "I3-Waste CO2 to Commercial Products," "ONCOGENOMICS - Highly Accurate Test for Early Detection of Colorectal Cancer," and "ZAD - Microbes to improve agriculture under drought, heat and salinity." The Seed Fund aims to empower faculty, researchers, and students to turn their ideas into successful businesses, providing the Kingdom with innovative startups and jobs. Why it matters: This KAUST Seed Fund supports promising research with commercial potential, fostering innovation and entrepreneurship in Saudi Arabia.