Country saudi Flag
A government website registered with the Digital Government Authority.
SIDF Investment CompanySIDF Academy
SecurityProtocolIconImage

Official Secure websites use HTTPS

Secured governments websites in the Kingdom of Saudi Arabia use Https encryption.
urlDomain

Official Saudi Government website URL ends with .gov.sa

Website belongs to an official government organization in the Kingdom of Saudi Arabia always ends with .gov.sa .
DGA-logo-small-dark

Registered on Digital Government Authority:

20250422704
Logo
Future Factories Initiative Tanafusiya Accelerator Track

Future Factories Initiative Tanafusiya Accelerator Track

Initiative Overview:

Tanafusiya accelerator is financing, and incentivizing program specialized in financing automation, digitization, and energy efficiency projects by providing financial support and incentives to those wishing to adopt industry 4.0 and energy efficiency solutions.

Track Goals:

Contribute to improving the competitiveness of the industrial sector by adopting automation, digitization, and energy saving solutions.

Targeted Segment:

  • Brownfield factories.

Program’s Key Characteristics:

  • Financing up to 75% of the project cost.

  • Grace period up to 24 months.

  • Longer tenor with a minimum 7 years.
  • Faster turnaround time within 8 weeks for fast-tracks projects.
  • Financial incentives (Subject to terms and conditions).

Final Outputs:

  • Apply techniques that reduce energy consumption, using energy auditing and management systems to support continuous improvements of energy performance such as energy efficiency, energy security, and energy consumption.
  • Employ the latest technologies by linking machines with smart systems to raise the efficiency of operations, to facilitate the transformation into the Fourth Industrial Revolution.

Eligibility criteria:

  • The client must apply on accelerator platform on the ministry to request the incentive.
  • Obtained Tanafusyia loan from SIDF.
  • The project must be active and productive.
  • The factory must have obtained all necessary licenses.
  • Commercially proven technologies must be used for the purpose of automation, digitization, or energy efficiency.
  • The project must be economically feasible.
  • Provide a feasibility study with reasonable Capex and Opex projections.
  • The project must be implemented within the validity period of the initiative.

To apply for the initiative

Click here about this exciting topic
Last Modified Date: 12/12/2025 - 08:31 PM Saudi Arabia Time

Was this page useful?