RIYADH: Saudi Arabia’s General Authority for Small and Medium Enterprises, also known as Monshaat, announced the launch of the Sports Innovation Incubator, in partnership with RSport Holding.
The incubator aims to empower entrepreneurs and innovators to develop their ideas and transform them into scalable entrepreneurial ventures, contributing to enhancing the attractiveness of investment in the sports sector.
It targets projects in the sports field and related technologies by offering a 24-week program that includes co-working spaces, training workshops, mentorship and advisory sessions, in addition to connecting projects with supporting entities and investors, thereby enhancing their readiness to enter the market and develop sustainable business models.
The program includes specialized tracks in sports technology and investment solutions, contributing to improving service quality and expanding opportunities for innovation in the sector.
This incubator comes as an extension of the authority’s role in empowering entrepreneurs and owners of small and medium enterprises, and transforming innovation into sustainable economic opportunities, thereby supporting the development of the sports sector in line with the objectives of Saudi Vision 2030.
