Wa'ed β€” Saudi Aramco Entrepreneurship Center logo
Wa'ed Incubation Program

Wa'ed Incubation Program

Offers Wa'ed Incubation in Dhahran with twelve months of mentorship, workspace, workshops, and fundraising support.

Wa'ed is the entrepreneurship arm of Saudi Aramco, established in Dhahran, Saudi Arabia in 2011 to accelerate the growth of Saudi-based startups and support the Kingdom's economic diversification agenda under Vision 2030. As the largest and most active institutional venture capital investor for Saudi-based startups, Wa'ed operates multiple programs including a corporate VC fund (Wa'ed Ventures, wi…

Provides 12-month in-kind incubation support β€” mentoring, co-working space, workshops, and fundraising guidance β€” to pre-seed and early-stage Saudi-based startups, with no direct cash award.

CycleiHow often this grant runs β€” e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.β€”
Project durationiHow long the funded work is expected to run.β€”
Award typeiThe form of funding β€” grant, equity, loan, tax credit, etc.In-kind assistance
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.β€”

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Last verified: 24 Jul 2026Source: www.aramco.com