New Ventures
About Seed Fund
The Seed Fund is one of the first critical steps in commercializing research, introducing these innovations to the Saudi economy and creating jobs
There's no shortage of good ideas from talented people for innovative enterprises. The problem is that there is little support to help innovators turn their ideas into viable businesses. And without financial and practical support, most entrepreneurs are unable to make the leap to turn their idea into a business.
The KAUST Seed Fund is a catalyst for moving technological innovation from the lab to the marketplace, and for helping dreamers become entrepreneurs. The funding helps bridge the initial gap at the lab/patent stage of development, and provides support to entrepreneurs when they need it most to increase the likelihood of success. At its core, the Seed Fund is a product development funding mechanism that can help move promising ideas forward toward commercialization and ultimately, formation into new businesses. It aims to Provide KAUST with a way to turn science projects into companies, as well as highlight successful models that may be replicated nationwide.
For more information about the application process, including submission guidelines and criteria, please visit the Funding Program section.
Contact us at seedfund@kaust.edu.sa.