Launch of “Growth Incubator 2024” by Wadi Makkah Investment to Support Startups in Various Fields
Wadi Makkah Investment Company launched the “Growth Incubator 2024” program on Wednesday, July 3, 2024, at its headquarters, aiming to enhance and develop startups in the fields of Hajj and Umrah, occupational safety and health, educational technologies, and financial technologies. The inauguration was attended by 25 entrepreneurs with innovative projects. The incubation program will run for an intensive five months until November.
The comprehensive incubation program aims to support projects from the idea stage to market entry, focusing on product development, operational processes, increasing investment attraction opportunities, and business growth. The program includes qualifying workshops, guidance and mentoring, shared workspaces, and specialized consultations. The company also provides entrepreneurs with innovation lab services to design and manufacture their prototypes and legal services to register their companies and connect them with investment entities during the incubation period.
Wadi Makkah Investment Company has extensive experience designing and operating specialized business incubators and accelerators. Through this program, the company aims to support the local output and enhance the knowledge economy, in line with the Kingdom’s ambitious vision for entrepreneurship.
