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Startup Saudi

A program to empower local, regional, and global entrepreneurs, startups, venture
capitalists (VCs), and ecosystem enablers, to succeed and grow within the
Kingdom, in alignment with the strategic goals of Vision2030.

Description and objectives of the program

Startup Saudi is designed to empower and elevate the startup ecosystem by providing tailored services and advantages to startups, innovators, venture capitalists (VCs) and ecosystem enablers. This program aims to streamline the startup journey, offering guidance, networking, and seamless access to resources. By collaborating with ecosystem enablers (private sector, governmental agencies, VCs, universities, R&D centers), it eliminates hurdles and fosters a conducive regulatory environment.

Accelerate your journey

Fast-track your business's growth and success with targeted support and resources designed to accelerate your entrepreneurial journey.

Promote your business

Elevate your brand's visibility and market presence with our tailored promotion strategies, connecting you with the right audience.

Strengthen your relationships

Forge and solidify valuable connections with industry peers, investors, and partners, enhancing collaboration and long-term business success.

Contact our entrepreneur team

Please contact us if you would like to apply or have any questions.
Email directly on startup@misa.gov.sa or contact the call centre.

Our target audience

Start-ups

Venture Capitals & Angel Groups

Ecosystem Enablers

Innovators

Enrolment requirements​

Startup requirements:

  • Technology-enabled
  • Innovative business model (products or services)
  • High potential for growth
  • High potential for growth

Ecosystem Enabler & VC requirements:

  • Proven track record in supporting startups for scalability and enhancing the entrepreneurship ecosystem.
  • Clear value added services provided for Startups & Entrepreneurs.
  • Established partnership with local key partners is a plus.

Frequently asked questions

What is the MISA “Entrepreneur License”?

The MISA “Entrepreneur License” is an incentivized license for foreign entrepreneurs with technologically innovative and potentially high-growth businesses to enhance the entrepreneurship ecosystem.

Who is eligible for the license?
  • Startups: Innovative, tech-enabled, high-growth potential companies
  • Funders (VC/Angel Groups): Any funder can apply for MISA entrepreneur license to practice activities related to innovation and incubation only. To establish a fund in Saudi, the VC would need pre-approval from CMA in addition to MISA financial services license.
  • Ecosystem enablers: Incubators, accelerators, venture-builders, co-working spaces.
What are the eligibility criteria?

To be eligible for the entrepreneur license, the startup must be:

  • Technology-enabled
  • VC-investable
  • Scalable business
What does the license offer?
  • 100% ownership
  • $500 license fee annually
  • No minimum capital but some activities require minimal capital, depending on ISEC code.
What is Premium Residency?

All information about Premium Residency and criteria can be found here

How much time does it take to set up a business in Saudi Arabia?

Typically, it takes three to six months to set up a foreign firm or LLC branch.

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