15 startups graduate from TDF Grow Accelerator cohort 1

user icon
NOHA.GAD
calender icon
Aug 28, 2024
article image

Riyadh - Sharikat Mubasher: Saudi Arabia’s Tourism Development Fund (TDF) celebrated the graduation of 15 startups from the first cohort of the TDF Grow Accelerator program that aims to enhance innovation and sustainability in the Saudi tourism sector.

In a statement, the TDF revealed that the accelerator program helped startups collect investments exceeding SAR 18 million to date.

The 15 startups are FlyAkeed, Eilago, Darent, Jaras, Hido, H2O Hospitality, GuestNa, FoodiZone, Rehla, Murshdk, Mabaat, inHovate, Verofax Limited, The Digital Hotelier, and Spiders.

The fund organized the demo day and the accompanying exhibition for the graduates in the KAFD Conference Center in Riyadh, in the presence of key investment leaders, entrepreneurs, and several stakeholders interested in tourism investments.

Throughout the past few months, the accelerator program provided more than 20 training and guidance sessions to empower participant startups to enrich the tourism sector in the Kingdom.

Saud Mohammed, Executive Director of TDF Grow, delivered a speech on behalf of TDF’s CEO Qusai Al-Fakhri where he emphasized the importance of the TDF's programs in promoting innovation and sustainable development of the Saudi tourism sector.

“This success reflects our ongoing commitment to supporting entrepreneurial ideas and promising initiatives that contribute to efficiently implementing the national tourism strategy and reinforcing the Kingdom’s standing as a global tourism destination,” the official added.

The TDF Grow Accelerator program is an initiative by the TDF Grow Center that aims to empower entrepreneurs in the tourism sector by providing the support they need to develop innovative tech solutions, facilitate communication with investors and sector leaders, and encourage promising tourism startups to contribute to realizing the objectives of the national tourism strategy.


Share

Related News

KACST, UC Berkeley, Humain partner to launch AI materials discovery hackathon
News
Calendar Icon
October 15, 2025
KACST, UC Berkeley, Humain partner to launch AI materials discovery hackathon
Read More
Asharqia Chamber to organize RAD Entrepreneurship Forum 2025 in November
News
Calendar Icon
October 13, 2025
Asharqia Chamber to organize RAD Entrepreneurship Forum 2025 in November
Read More
Khalifa Fund unveils ‘Enterprise Journey’ to foster SME growth
News
Calendar Icon
October 12, 2025
Khalifa Fund unveils ‘Enterprise Journey’ to foster SME growth
Read More
42 exhibitors participate in Biban 2025’s Fast-growing Enterprises Door
News
Calendar Icon
October 12, 2025
42 exhibitors participate in Biban 2025’s Fast-growing Enterprises Door
Read More
40 government, private entities participate in Biban 2025’s Enablement Door
News
Calendar Icon
October 8, 2025
40 government, private entities participate in Biban 2025’s Enablement Door
Read More
Over 900 local, global startups participate in Biban 2025
News
Calendar Icon
October 5, 2025
Over 900 local, global startups participate in Biban 2025
Read More
PIF opens registrations for ‘azm’ program’s first batch
News
Calendar Icon
October 2, 2025
PIF opens registrations for ‘azm’ program’s first batch
Read More
MISA unveils national program to boost entrepreneurial growth
News
Calendar Icon
September 28, 2025
MISA unveils national program to boost entrepreneurial growth
Read More
Monsha’at organizes Industry and Mineral Pioneers Week
News
Calendar Icon
September 25, 2025
Monsha’at organizes Industry and Mineral Pioneers Week
Read More
Vibes AlUla launches 8th edition of ‘Rowad AlUla’ accelerator
News
Calendar Icon
August 27, 2025
Vibes AlUla launches 8th edition of ‘Rowad AlUla’ accelerator
Read More