Announcement of the launch of the first Health Accelerator

Citizen – Riyadh

In partnership with the Ministry of Health, the General Authority of Small and Medium Enterprises announced the launch of the first Health Accelerator, which aims to encourage and support the spirit of enterprise and entrepreneurship. Innovation in the field of health, as well as the creation of young companies with high growth potential and success in the Saudi market, particularly in the health sector.

In addition, the applicant must accept that ideas from advanced projects can contribute to the search for solutions to certain problems in the health sector and that they are feasible, innovative and unique. The idea must be an opportunity and a demand in the market and be sustainable. It is scalable and offers great opportunities for growth and expansion. You can register quickly by clicking on the link below.

Mr. Minshat confirmed that the contractors would continue to enroll in the accelerated program until March 2, 2010. Applicants will be evaluated on the basis of the criteria for acceptance and selection of candidates for the pre-program. -Accelerated, which includes three stages beginning with the generation camp of ideas targeting about 400 participants. , Are divided into 100 teams working on ideas from which 25 teams will be able to develop the Ideas Development Camp, which in turn will contribute to the development of qualified ideas from the camp, focusing on topics such as the basics of business models, implementation plans, marketing and finance, for medical treatment.

The Health Sector Accelerated Program is expected to begin in early April and last 90 days. Speed ​​activities include 12 teams from the Ideas Development Camp, who will also benefit from a special mentoring and mentor training program. , experts and trainers, Provide up to 125,000 SR to help develop prototypes of projects during the accelerated phase.

Sami Al Husseini, Deputy Governor of the General Authority of Small and Medium Enterprises, said that the acceleration of the health sector was focused on emerging projects with high potential for service development in the sector. of health by encouraging innovation, supporting the entrepreneurial spirit and allowing the investment sectors to increase the proportion of the contribution of SMEs in the health sector from 10% to 21% to achieve the objectives of the vision of the 2030 Kingdom.

Al-Husseini stressed that Minshat wanted to support and value the health sector investment areas in the Kingdom as one of the sectors that meets the needs of the community in general and helps to elevate the status of the Kingdom. He also pointed out that the triennial program for accelerating the health sector was an intensive program. Accelerate business growth through specialized trainers in the field of accelerating and growing emerging technology companies.