STC Group Announces Launch of General Program – intake 11 to Support Digital Innovation through inspireU Accelerator
STC Group, the Kingdom’s leading digital enabler, has announced the launch of the 11th batch of its “inspireU General Program,” an initiative designed to empower early-stage startups across various sectors. The program focuses on strategic domains through specialized tracks in gaming with stc play, cybersecurity with sirar by stc, fintech with stc Bank, and IoT with iot squared.
The inspireU program aligns with Saudi Vision 2030’s objectives to diversify the economy and foster digital innovation. Through this program, stc creates a supportive ecosystem for startups, enabling entrepreneurs to thrive.
The program aims to accelerate global startup growth and create value for stc by facilitating connections within the stc Group ecosystem, offering international and local promotional exposure, providing soft-landing support, delivering services from inspireU partners, offering 24/7 office space, connecting with Silicon Valley experts, providing world-class mentoring, and extending fundraising support.
Since its inception in 2015, the accelerator has served as a role model for stc Group’s commitment to nurturing entrepreneurship in the Kingdom. It has supported and developed over 110 digital startups across diverse fields. Investments in these startups have exceeded SAR 1 billion, resulting in a market value of over SAR 12 billion. This success has translated into more than 600,000 direct and indirect job opportunities, benefiting millions of individuals within society.
The program also aims to drive significant regional transformation by fostering innovation and accelerating growth. Additionally, it is expected to contribute to strengthening entrepreneurship locally and internationally, positively impacting GDP, and propelling digital advancement forward.
To apply for the general program, please visit:
https://www.stc.com.sa/content/stcgroupwebsite/sa/ar/inspire-u/apply-now.html
For more information about the “inspireU” accelerator, please visit:
https://www.stc.com.sa/content/stcgroupwebsite/sa/en/inspire-u.html
