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
- Mentorship
- 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 them11- 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 them13- 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 partners18- For more information.
Do not hesitate to contact us:9487 464 11 966+
inspireu@stc.com.sa