July 13, 2021 9 min read Opinions expressed by
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In the Kingdom of Saudi Arabia, despite the many financial repercussions caused by the COVID-19 pandemic, the rate of total early-stage entrepreneurial activity rose from 14% in 2019 to 17.3% in 2020. This statistic is just one major highlight of how the Kingdom has become a breeding ground for many innovative ideas and startups in recent times.
Providing support and resources to such entrepreneurial initiatives is the Entrepreneurship Center at the King Abdullah University of Science and Technology (KAUST), located in Riyadh. Hattan Ahmed, Head of KAUST’s Entrepreneurship Center, says that his department has a two-pronged approach in this regard. “We carry out two strategic activities, the first being spreading the knowledge and know-how of entrepreneurship and building an entrepreneurial culture