Saudi Arabia Partners with Google to Empower Startup Ecosystem
Saudi Arabia’s Ministry of Communication and Information Technology has entered into a strategic partnership with Google for Startups and The Garage project.
The partnership aims at launching a tech start-up accelerator program to attract 100 tech start-ups to set up base in Saudi Arabia.
The program will empower more than 100 emerging technology companies around the world annually. This partnership will ensure that The Garage and its startups join a network of the best startup accelerators programs in Latin America, Africa, Europe and Asia.
The partnership aims to implement 4 business accelerators annually to enable 100 digital and technology startups and attract them to open their headquarters in the Kingdom.
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This comes in accordance with the goals of the Kingdom's Vision 2030 to develop the digital economy, and this partnership also comes to enhance the role of "The Garage", which it started in developing and empowering entrepreneurs and emerging companies.
Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Sawaha said: "This partnership is an additional confirmation of the Kingdom’s position as a regional hub for technology and innovation, as it is the largest technology market in the region with a volume exceeding $40 billion."
The "Garage" project is the fruit of cooperation between the Ministry of Communications and Information Technology, King Abdulaziz City for Science and Technology, and the Saudi Federation for Cybersecurity, Programming and Drones.
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