Entrepreneurship
Wadi Jeddah Investment Fund and Business Accelerators & Incubators
The Wadi Jeddah Investment Fund was established to achieve high returns relative to financial risk within disciplined standards. It operates in collaboration with the Center of Innovation and Entrepreneurship at King Abdulaziz University to activate business incubators and accelerators, accelerate the growth of startups, and transform them into successful commercial activities by providing the latest technologies and capabilities.
Tasks of the Wadi Jeddah Investment Fund
- Support innovation, patents, and startups in collaboration with the Center of Innovation and Entrepreneurship and the Business Incubator at King Abdulaziz University.
- Engage in venture capital investment in promising startups across various investment rounds.
- Invest through private equity in companies with notable growth and performance.
Objectives of the Wadi Jeddah Investment Fund
1
Support innovation and entrepreneurship, and enhance venture capital investment in the Kingdom.
2
Adopt patents with sustainable developmental returns.
3
Focus on Vision 2030 sectors such as logistics, education, fintech, tourism, entertainment, and sports.
4
Provide training and guidance to entrepreneurs through the business incubator.
5
Create job opportunities for national talents.
6
Enable startups and innovative projects to reach the venture capital investment stage.
7
Invest in distinguished opportunities to achieve high future returns.
Services of the Wadi Jeddah Investment Fund
- Financial investment.
- Facilitate access to opportunities and capabilities within the university and partnerships with relevant external entities.
- Support government relations and public relations for incubated projects.
- Provide legal and administrative consultations for incubated projects.
- Support, guidance, and training for incubated projects.
