Economic Development's mission is to contribute to the transformation of Saudi Arabia to a knowledge-based economy. Economic Development's core roles are to act as the medium that translates the outcomes of KAUST's research into accessible and commercially attractive propositions; to attract new industry based R&D to the Kingdom; and to help improve the competitiveness of the Kingdom's industry by strengthening its innovative capacity.
Economic Development at KAUST consists of the following 6 units.
KAUST Industry Collaboration Program (KICP) is the industry's gateway to KAUST. It provides the resources to ensure breadth of access to and awareness of all KAUST Research, latest technologies, talent pool, seminars, symposia and other scientific events. KICP is a membership-based program with the aim of fostering strong and productive partnerships with industry, generating value for both KAUST and KICP partners.Read More
Destined to be a premier Research Park in the Middle East, the KAUST Research Park and Innovation Cluster is located next to the KAUST Campus. Its key role is to promote KAUST’s mission of economic development, technology transfer and the creation of entrepreneurial opportunities within Saudi Arabia. The Research Park and Innovation Cluster is part of a comprehensive innovation network linked to technology creation, business formation and development assistance with established technology firms and the marketplace.Read More
KAUST's research centers and main research themes were selected because of their relevance to the economic development needs of the Kingdom. Economic Development's core roles are to act as the medium that translates the outcomes of KAUST's research into accessible and commercially attractive propositions; to attract new industry based R&D to the Kingdom, and to help improve the competitiveness of the Kingdom's industry by strengthening its innovative capacity.Read More
TTI at KAUST goes beyond the traditional role of university technology transfer offices. We take a direct, proactive approach to engage with companies to facilitate new, early-stage technology commercialization.
Ensure that new knowledge and technology created at KAUST are effectively transferred to achieve the widest public benefit and promote the economic development of Saudi Arabia.Explore More
The Technology Application and Advancement Group (TAAG) is a group of skilled engineers, technology and business development specialists that work on advanced, late stage technologies that are ready for market penetration:
Through the New Ventures program, KAUST facilitates the flow of research-based technological innovation from idea and discovery to market.
Innovation needs more than a good idea to flourish; it requires a supportive environment and infrastructure to thrive. Access to capital, entrepreneurial coaching, and advisory services are just part of what sets KAUST New Ventures & Entrepreneurship apart.Explore More