RIYADH: The Small and Medium Enterprises General Authority celebrated the graduation of 33 startups specializing in artificial intelligence in the first cohort of its AI incubator program at the SMEs Support Center in Riyadh.
The program aimed to encourage innovation, adopt advanced technologies, and increase local content in the AI sector. It is an advanced incubator for AI-driven ventures, operated in partnership with the National Technology Development Program to support AI product development and market growth.
Over six months, the authority provided participants with comprehensive services and development support to strengthen entrepreneurial capabilities, from ideation to market entry.
The startups represented eight sectors: enterprise and business solutions; healthcare; heritage, culture and tourism; fintech and trading; infrastructure and logistics; entrepreneurship enablement; e-commerce; and education and development.
