Qatar Proof of Concept Fund to stimulate SMEs growth
“We share the ambition and a belief in the economic power of SMEs. It’s no secret that a lot of Qatar’s economy is driven by oil and gas but more and more, we see wealth created in sectors other than oil and gas, and support for SMEs from the highest levels seems to be growing […]
Arab private sector urged to fund scientific research
Prince Turki bin Saud bin Mohammed Al-Saud, the president of King Abdul Aziz City for Science and Technology (KACST), has called on the private sector to fund scientific research projects which will ultimately benefit the nation. Speaking at a ceremony in Riyadh on Tuesday, he announced the winners of the Almarai Prize for Scientific innovation. […]
Venture Capital Fund Launches in Dubai Aimed at Middle East Start-Ups
A new early-stage venture capital fund has set up in Dubai, looking to invest up to $1 million in technology start-ups across the Middle East and North Africa. It joins a bevy of start-up accelerators launching in the technology space as both local and institutional investors eye a market of tech-savvy consumers where smartphone and […]
Seeding soil testing through KAUST seed fund
A winner at the Spring 2012 round of the KAUST Seed Fund, the Envirola project is developing a portable device capable of performing on-site analysis of soil samples to detect harmful metals. Leading the project are King Abdullah University of Science and Technology scientists Dr. Rimantas Kodzius, a Postdoctoral Fellow in Electrical Engineering, along with co-founder Eng. […]
KAUST Seed Fund Winner Develops Alzheimers App
Jeddah, Asharq Al-Awsat – Responding to the suffering of her grandmother, Rawad Sheikh entered the world of innovation, winning the King Abdullah University of Science and Technology [KAUST] Seed Fund award. This competition grants the winner $250,000 to develop their project, granting them the opportunity to present and promote this in front of KAUST and […]
KAUST (Saudia Arabia) announces new round of seed fund winners
Thuwal, Saudi Arabia – Four innovative projects have been named winners in the latest Seed Fund round at King Abdullah University of Science and Technology (KAUST). The awards are co-sponsored by Citibank. The winners were announced at a Gala dinner at the Academic Campus, Thuwal on Wednesday March 14, 2012. They were on hand to discuss their […]