Center for Business Incubators

The Business Incubator

Business incubators (or sometimes called Innovation Centers) are basically programs (organizations) designed (used) to support the successful development of entrepreneurial/start-up companies/firms. This is done through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. At KFUPM, the Business Incubator Center offers a set of supporting programs to university entrepreneurs that complement the other two centers of the entrepreneurship institute and facilitates in launching a startup.


Services provided by the Incubator

1. The Space

o Over 1800 sqr. meters

o 57 cubicles

o 16 Faculty & Staff offices

o 4 Mentorship rooms

o A Meeting room

o A Class room

o A Service room


2. Labs

o Dry lab (LAB 3308): Product Development Lab

o Haya Al-Mojil Design Thinking lab (LAB 2014): Prototyping Lab.


3. BEDAYA-TECH Acceleration Program

• The Institute offers:

o 12 weeks Acceleration program

o 6 public seminars

o Intensive mentorship program

o Regular meetings and follow-up with teams


Click Here to join the BEDAYA-TECH Acceleration Program

4. Legal services

o Mohaimeed Law Firm is helping the institute and its team by providing them legal consultation. The Firm has dedicated 15hr/month for the institute

5. Amazon Web Services (AWS)

o AWS Activate is a program designed to provide startups with resources they need to get started on AWS. $8,000 worth of service for two years

6. Logistical Support (Governmental)


7. Keys-of-Goodness Grant

o The Keys of Goodness grants program aims to help our teams develop their prototypes to make their businesses attractive to the investor


8. Mentorship program

o The Mentoring Program objective is to facilitate for entrepreneurs a network of highly skilled, experienced and knowledgeable mentors to help them in their entrepreneurial endeavors.

9. Business Coaching

o The purpose of the business coaching initiative is to provide the incubated teams with goal-based and result oriented focused coaching session


Student Startups That Came out of The KFUPM Ecosystem

Innosoft

Founder: Loai Labani



The main business of the company
  • IT service solution.

TKFUPM or KFUPM-EI Training
  • The National Business Competition مسابقة الخطة الوطنية .

The Funding
  • Saudi Aramco Entrepreneurship Center.

Feelit

Founder: Mohammed alkadi



The main business of the company
  • A social media company for human feelings .

TKFUPM or KFUPM-EI Training
  • The 1st Business Plan Competition.

The Funding
  • A VC from Silicon Valley.

Waki

Founders: Abdulaziz Alzahrani-Osama Al-Najjar- Ali Busaleh



The main business of the company
  • A platform for sport arenas booking .

TKFUPM or KFUPM-EI Training
  • The 2nd Business Plan Competition.

The Funding
  • Saudi Aramco Entrepreneurship Center.

Electroaim

Founder: Khalid AlSulami



The main business of the company
  • An innovation consulting and training startup.

TKFUPM or KFUPM-EI Training
  • Coop-2-Entrepreneur with Saudi Aramco Entrepreneurship Center.

The Funding
  • Saudi Aramco Entrepreneurship Center.

Zeez

Founder: Abdulaziz Othman



The main business of the company
  • A YouTube channel that supports creating local educational episodes for children.

TKFUPM or KFUPM-EI Training
  • The 4th Business Plan Competition.

The Funding
  • Badir Jeddah.

Indielabs

Founder: Khaleel Haboub



The main business of the company
  • High quality software production.

TKFUPM or KFUPM-EI Training
  • 1st Create Entrepreneurs “Biz Model” Module.
  • 1st Concept-2-prototype Competition.

The Funding
  • Saudi Aramco Entrepreneurship Center.

Nusahem Teams

To know more about Nusahem Program, please press the link below:


Click here to know more about Nusahem program

TechnoTex


Defom


Khout3d


Ivo


Inergy


Advanced Aluminium Foil


Current Incubated Teams

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