TDF celebrates graduation of 15 startup from "Pre-Accelerator for Handicrafts and Souvenirs"

user icon
GHADA.ISMAIL
calender icon
Dec 5, 2024
article image

Riyadh – Sharikat Mubasher: The Tourism Development Fund (TDF), the national enabler of the tourism sector, in cooperation with Almashtal Creative Incubator, organized an exhibition for the first cohort of the "Pre-Accelerator for Handicrafts and Souvenirs" to display their works of art, celebrating the authenticity of the Saudi identity.

The TDF continues its commitment to supporting local innovative abilities through the "Pre-Accelerator for Handicrafts and Souvenirs", in which 560 entrepreneurs applied, with only 40 names shortlisted and 15 reaching the final stage of it.

On this occasion, Qusai Al-Fakhri, CEO of TDF expressed his pride in what the graduates have achieved stressing the importance of the TDF programs in promoting innovation and sustainable development in Saudi Arabia’s tourism sector.

On her part, Princess Noura Bint Saud Bin Naif AlSaud, Co-Founder and CEO of Al Mashtal Creative Incubator asserted that the cooperation with TDF aligns with the vision of Al Mashtal Creative Incubator to highlight and honor Saudi innovation, which participates in supporting SMEs of the Tourism Sector.

It is worth noting that the Tourism Grow Accelerator Programme is an initiative by TDF Grow that aims to empower entrepreneurs in the tourism sector by providing them with the necessary support to create innovative technical solutions, facilitate communication with investors and sector leaders, and encourage the best tourism startups to contribute to achieving the national tourism objectives.

Notably, the "Pre-Accelerator for Handicrafts and Souvenirs" program is a creative initiative launched by the Tourism Growth Center of the Saudi Tourism Development Fund, in partnership with AlMashtal Creative Incubator. The program consists of a series of stages, beginning with the "Saudi Souvenirs" challenge, followed by an evaluation and nomination phase, culminating in the selection of winning ideas. These ideas are then integrated into the training and model development program.

The program offers a range of creative activities that help local creatives present their ideas and visions in a systematic way, allowing for their continuous development and improvement, with the aim of providing high-quality products that find their way to the global market.

The program seeks to support and empower startups in the tourism sector, specifically in the field of designing and manufacturing unique Saudi souvenirs that allow visitors to the Kingdom to acquire distinctive souvenirs.

 


Share

Related News

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
PIF launches ‘azm’ Program to train young Saudi talent
News
Calendar Icon
August 20, 2025
PIF launches ‘azm’ Program to train young Saudi talent
Read More
Creativa launches Tech Launchpad to foster tech startups in Egypt
News
Calendar Icon
August 19, 2025
Creativa launches Tech Launchpad to foster tech startups in Egypt
Read More
Over 10K projects vie in Entrepreneurship World Cup 2025 in Riyadh
News
Calendar Icon
August 17, 2025
Over 10K projects vie in Entrepreneurship World Cup 2025 in Riyadh
Read More
Monsha’at launches initiative to boost entrepreneur investment in sports academies
News
Calendar Icon
August 14, 2025
Monsha’at launches initiative to boost entrepreneur investment in sports academies
Read More
Saudi Communications Ministry launches third edition of ‘AdopTech’ initiative
News
Calendar Icon
August 3, 2025
Saudi Communications Ministry launches third edition of ‘AdopTech’ initiative
Read More
Saudi Tourism Ministry launches ‘Ahluha’ platform to foster national talents
News
Calendar Icon
July 29, 2025
Saudi Tourism Ministry launches ‘Ahluha’ platform to foster national talents
Read More
Saudi Energy Ministry launches Taqatech Accelerator to support energy startups
News
Calendar Icon
July 28, 2025
Saudi Energy Ministry launches Taqatech Accelerator to support energy startups
Read More
Saudi Arabia launches Energy Incubator program to foster entrepreneurs
News
Calendar Icon
July 17, 2025
Saudi Arabia launches Energy Incubator program to foster entrepreneurs
Read More
NTDP launches ‘Future of Living’ proptech accelerator to support 10 startups
News
Calendar Icon
July 16, 2025
NTDP launches ‘Future of Living’ proptech accelerator to support 10 startups
Read More