RIYADH: The Saudi National Cybersecurity Authority has launched a business accelerator specialized in foundational technologies and priority emerging technologies in cybersecurity and related fields.
The launch is a part of the authority’s plan to activate the domestic cybersecurity industry and spur innovation.
It said that the accelerator will be an important enabler in stimulating the local cybersecurity industry and will support integration between the public and private sectors.
It will also enhance larger national efforts within Saudi Arabia’s digital strategy, which aims to position the Kingdom at the forefront of emerging technology industries.
The authority said that the accelerator will support growing sectors in cybersecurity by activating national and international partnerships, expanding cooperation and exchanging expertise to support the local industry.
This will contribute to the development of the sector and provide an attractive environment for the development of products and technologies.
It aims to link emerging Saudi companies with investors to empower a secure digital transformation within the framework of the Kingdom’s Vision 2030.
The launch of the accelerator is part of the authority’s strategic partnership with the Saudi Information Technology Company and the Plug and Play Company, one of the largest international technology business accelerators.
The accelerator will include follow-up, evaluation and application project phases, as well as workshops, support meetings and consultations.