Seed Fund
"This experience has been the most exciting one for our team. It's really amazing to work for your own passion and vision, instead of following someone else's. Thank you KAUST for the opportunity, and thank you Seed fund for making it happen." – AcaDox Founding Team, Seed Fund Winners.
There is no shortage of good ideas from talented people for innovative products and services. The problem is that there is little support to help innovators turn their ideas into viable businesses. And without financial and practical support, most entrepreneurs are unable to make the leap.
The KAUST Seed Fund is a catalyst for moving technological innovation from the lab to the marketplace, and for helping dreamers become entrepreneurs. The funding – up to $200,000 over 24 months - helps bridge the initial gap at the lab/patent stage of development, and provides support to entrepreneurs when they need it most to increase the likelihood of success.
At its core, the Seed Fund is a product development funding mechanism that moves promising ideas forward toward commercialization and ultimately, formation into new businesses. It aims to provide KAUST with a way to turn science projects into companies, as well as highlight successful models that may be replicated nationwide.
To learn more about the program, please visit About Seed Fund.
For detailed information about submission guidelines and other criteria, please visit Funding Program.
Contact us at seedfund@kaust.edu.sa