1- What is InspireU?inspireU Program is an initiative by stc to Incubate and support ICT/Digital innovation Startups.
2- What services do we provide?
- Seed grant up to SR 100,000
- Logistics support
- stc Infrastructure
- Office Space
- International & Local exposure
3- What is our role in supporting the economy?
- Supporting startups and entrepreneurship in the region.
- Strengthening economic value (Commercial Activities and creating job opportunities).
- Potential integration with stc's products.
- Supporting all the sectors in the region in digitizing their products and services, which can increase their efficiency, therefore increasing the quality of life in the region positively.
4- What is the duration of the program?It is a 3 months program.
5- How many startups have benefited from InspireU's services?55 startups from different industries have benefited from our services.
6- Where is the program located?inspireU program is located in Riyadh, and online on special circumstances.
7- When can I apply for InspireU program?Our next intake registration period will begin in November 2020.
8- How can I apply for InspireU program?When registration opens in November you can fill out the application form available on the website.
9- Is the funding expected to be returned at any given time?The seed grant is not refundable.
10 - What stages will we be going through after we apply for the program?Stages are divided after the application, you can review review them
11- Who can apply for the program?Entrepreneurs who have digital startups can apply to our program, even if it is just an idea.
12- What are the projects that have been incubated in InspireU?InspireU has incubated 38 startups, you can find them
13- Do I have to move to the location during the duration of the program?Yes, your presence is mandatory during the incubation period at the location of the program (Riyadh, Saudi Arabia). *Please note that you must attend only during the workshops*. If the program was online during the special circumstances even the workshops will be taken online.
14- Is accommodation provided by the organization?No.
15- Does InspireU take equity?inspireU will not take equity from the startups.
16- Is having a team required?We accept startups that are managed by one founder, but having a well-structured team is a benefit.
17- Who are InspireU partners?You can find our partners our partners
18- For more information.Do not hesitate to contact us:
9487 464 11 966+