Industrial Business Incubator Program
Target Categories:
Not Specified
Frequently Asked Questions
Phone
About the Service
- The program is designed to activate partnerships with incubators/accelerators to offer financial support to their qualified and eligible industrial entrepreneurs through soft loans (The Promising Factories Initiative, i.e., PFI). For more details about the initiative, please visit the link.
- This support is intended to motivate entrepreneurs to transform their ideas into promising and pioneering projects that serve the National Industrial Strategy (NIS) objectives.
- Given that incubators/accelerators lack funding support for entrepreneurs, SIDF aims to bridge the financing gap by providing soft loans (PFI).
Target Categories:
Not Specified
Frequently Asked Questions
Phone
- The project must fall within the industrial sectors that serve the National Industrial Strategy (NIS) objectives. For more details about NIS sectors, please click here.
- The project must be economically viable and provide added value, such as substituting imported products, solving existing challenges, having qualitative know-how or patents, or others.
- The project should not fall within sectors that are not currently financed by SIDF. For more details, please click here.
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Last Modified Date: 06/30/2026 - 01:07 AM Saudi Arabia Time
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