Saudi Space Commission Launches ‘Pre-Accelerator Entrepreneurial Program’ in Partnership with Techstars

Oct 17, 2022

In January 2023, The Saudi Space Commission will announce the launch of the Saudi Space Commission Pre-Accelerator Program in partnership with Techstars, the worldwide entrepreneurs network. This pre-accelerator is a ten-week program that provides next-level preparation for early-stage companies and innovative idea-stage founders in the space and aerospace fields through prime training, tools, mentorship, and extended networks.

The Pre-Accelerator Program will run from January 2023 through March 2023, with in-person and virtual sessions and resources provided to applicants. Participants will receive access to the Techstars’ vast network of entrepreneurs, mentors, and investors. Additionally, they will receive support from SSC’s vast technology and space expertise across a variety of business units. Candidates will hone their entrepreneurial skills, better understand their target customers, and connect with fellow founders for possible collaborations. The program will qualify up to 20 selected startups chosen by a panel of investors.

In partnership with Techstars, the program will provide participants with introductions to world-class resources that boost their chances of success. Techstars is a global investment business that provides access to capital, one-on-one mentorship, a worldwide network, and customized programming for early-stage entrepreneurs.

“We are delighted to partner with the Saudi Space Commission to invest in the next generation of incredible founders in the space and aerospace fields. We believe that the global Techstars network and proven commitment to entrepreneurs coupled with the passion and expertise of SSC will yield fantastic results for our participants." said Katie Smith Head of Founder Catalyst.

This program is inspired by SSC's interest in granting valuable mentorship to a cohort of local and global startups by igniting a crucial ecosystem of innovative space-led startups.“ By 2030 the Kingdom will be a major hub for commercial Space. Today, nearly all disruption in the world is caused by Space startups. There was never a better time and place to join Space.'' said Frank Salzgeber, previous Head of Innovation and Ventures Office in ESA and current Managing Director in the Saudi Space Commission.  

Founders of early-stage companies are encouraged to apply now until our final deadline on December 12, 2022.

*Note: Early applications are prioritized.