RIYADH: The National Cybersecurity Authority on Monday called on local startups to register for the second Cybersecurity Accelerator program on its website at www.nca.gov.sa.
Running from Oct. 9 until Oct. 26, the program aims to boost entrepreneurship in the Kingdom, stimulate investment, and encourage innovation in cybersecurity.
It will provide more than SR6.5 million ($1.7 million) to support expanding companies and over 500 hours of guidance and direction.
The authority explained that the second round of the program, implemented in cooperation with its technical arm, the Saudi Information Technology Co., aims to support more than 10 local cybersecurity startups. It also aims to develop their skills in a supportive and appropriate environment that offers 12-week guidance and advisory sessions provided by local and international specialists.
The program includes several tours and field visits covering Silicon Valley and other locations to explore the best successful global experiences in entrepreneurship and learn about the latest cybersecurity trends.
The initiative also provides financial and investment consultations, training in product marketing, and teaches promotional techniques to attract customers and investors.
The NCA said the program had helped to develop cybersecurity in the Kingdom by empowering more than 45 local, regional, and international startups in three years.
