Riyadh - Sharikat Mubasher: The National Technology Development Program (NTDP) announced the launch of the "MVPlab" initiative to establish 1,000 emerging technology companies, in partnership with several partners in the entrepreneurial field.

The initiative targets local and global tech entrepreneurs, and aims at empowering and fostering innovative technology entrepreneurs to develop their projects, accelerate growth, and launch technology business models.

It offers various opportunities to support tech entrepreneurs, including: venture capital fund investment opportunities, law services, financial incentives, innovative work spaces, and training courses.

The NTDP launched the initiative in partnership with The Garage, the largest startup hub in the Middle East, Nama Ventures, Bunat Ventures, Raawahel by Raz, and Seedra Ventures.

The registration for MVPlab initiative is now available until 29 October.

The NTDP was launched to enhance the effectiveness of technology ecosystem through achieving a sustainable development using various components in collaboration with the stakeholders