Riyadh is establishing itself as a key hub for startups in the Middle East. A collection of local accelerators and incubators are helping to fuel this growth.
Among them, Misk 500 MENA Accelerator has made over 40 investments. Saudi Venture Capital Company has also backed more than 30 companies.
Below is our list of the best 9 accelerators and incubators in Riyadh.
Failory's Top 9 Picks
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Partnering with 500 Global, the Misk 500 MENA Accelerator invests in pre-seed and seed-stage startups across the Middle East and North Africa. The program provides founders with funding and a 12-week curriculum focused on growth hacking and fundraising, helping launch successful companies like Sabbar and Taker.
| Year Founded | — |
| Founders | — |
| Nº of Investments | 41 |
| Nº of Exits | 3 |
By investing in both funds and directly into startups, Saudi Venture Capital works to close the equity funding gap for new businesses in the region. Their government-backed model provides critical capital to support the growth of the Saudi startup ecosystem from seed to pre-IPO stages.
| Year Founded | 2018 |
| Founders | — |
| Nº of Investments | 34 |
| Nº of Exits | 1 |
Operating as a hybrid accelerator, incubator, and angel investor, Falak Business Hub is dedicated to building the next generation of Saudi startups. They provide early-stage companies in sectors like FinTech and SaaS with crucial funding and mentorship, helping launch successful ventures like Salasa and Zid.
| Year Founded | 2018 |
| Founders | Adwa Aldakheel, Hassan Ikram |
| Nº of Investments | 18 |
| Nº of Exits | — |
| Program Type | On-Site |
| Duration (Weeks) | 20 |
Exel by Merak operates as an innovation engine, fueling the growth of gaming entrepreneurs and organizations through specialized accelerator programs. They provide targeted investment and resources to help founders build and scale their ventures within the gaming industry.
| Year Founded | — |
| Founders | — |
| Nº of Investments | 16 |
| Nº of Exits | — |
SURE International Technology provides IT solutions and software development services to drive digital transformation across Saudi Arabia. They partner with government and private sector clients to build custom business solutions, including enterprise management systems and mobile applications.
| Year Founded | 2004 |
| Founders | — |
| Nº of Investments | 3 |
| Nº of Exits | — |
As a Saudi startup studio, Value Maker Studio partners with entrepreneurs to build and scale new companies. They offer a distinctive combination of mentorship and resources, guiding ventures from ideation through expansion.
| Year Founded | 2022 |
| Founders | — |
| Nº of Investments | 12 |
| Nº of Exits | — |
The Entrepreneurship World Cup provides a global stage for founders from all backgrounds to compete for transformative prizes and international exposure. Through its massive pitch competition, the organization connects promising startups with the capital, resources, and mentorship needed to start and scale their businesses.
| Year Founded | 2019 |
| Founders | Arnav Sahni |
| Nº of Investments | 4 |
| Nº of Exits | — |
BIAC Incubators builds and manages the operational framework for business incubators and accelerators across Saudi Arabia. As a subsidiary of TAQNIA, they empower local entrepreneurs and SMEs by creating the foundational infrastructure needed for the technology and innovation ecosystem to thrive.
| Year Founded | 2016 |
| Founders | — |
| Nº of Investments | 4 |
| Nº of Exits | — |
Iwan Ventures backs high-growth startups in the MENA region, concentrating on key sectors such as FinTech, AI, SaaS, and e-commerce. Their focus is on providing capital and support to drive technological innovation and foster significant growth for new companies in the area.
| Year Founded | 2024 |
| Founders | Lewa Abukhait |
| Nº of Investments | 1 |
| Nº of Exits | — |