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BIAC

Thursday, September 13th, 2018

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BIAC is a Subsidiary of The Saudi Technology Development and Investment Company (TAQNIA)

 

Established in 2017, BIAC aims to contribute to the growth and development of the innovation and entrepreneurship environment and to support emerging technology companies, in line with the Saudi Vision 2030 and fulfill its objectives that include supporting entrepreneurship and small and medium enterprises and increasing their contribution to Kingdom’s gross domestic product.

BIAC specializes in the management and operation of a number of programs, incubators and accelerators, the most notably are Badir Program, including all its incubators and accelerators amounting to eight incubators in seven regions; the Saudi Water Innovation Center Program; the Fast Track to Innovation Program that encourages the exchange of knowledge, information and innovation between the Kingdom of Saudi Arabia and the United States; the Innovation Center for Industry 4 Program in the Kingdom; and the operation and management of the technological industrial facilities and Haramain accelerators.