The “Startup Hub Digital” of the General Authority for Small and Medium Enterprises “Monsha’at” based in Jeddah that is managed by UTURN, the digital marketing consultancy and digital content creator announced the launch of the first Digital Content Business Accelerator. “Accelerate U” aims to support emerging businesses specialized in digital content creation and digital media production in the Kingdom. By providing them with needed business and technical know-how knowledge to further grow their business.
The Governor of Makkah Region, His Royal Highness Prince Khaled Al-Faisal, inaugurated the “Startup Hub Digital” on February 5, 2020, in the presence of the Minister of Trade and Investment, Chairman of the Board of Directors of the General Authority for Small and Medium Enterprises “Monsha’at”, Dr. Majid Al-Qasabi, and the Governor of “Monsha’at”, Eng. Saleh bin Ibrahim Al-Rasheed.
The Startup Hub Digital is the first business incubator in the Kingdom for digital content creators and businesses, in collaboration with the Public Authority for Small and Medium Enterprises “Monsha’at”. The incubator aims to support digital media production startups to kick-off their business. In addition to support them creating significant content and futuristic job opportunities.
The “Startup Hub Digital” targets young men and women, creators of various kinds of content: educational, entertaining, comedy, gaming, and more. As well as in all fields, such as: social media content, broadcasts, YouTube programs, podcasts, short movies and clips, and music. It also targets talented producers and special effects experts, photographers, directors, audio and lighting expertise, actors, TV hosts, broadcasters, and many more.
The “Startup Hub Digital” offers a positive work environment conducive to innovation, in which entertainment and comfort are provided within flexible co-working spaces, fully equipped audio & podcast recording studios, and a state-of-the-art mega studio with an equipment inventory never before available in Saudi Arabia; all this to help digital content creating businesses to create and develop digital content at the highest level. It also offers entrepreneur-led training courses and workshops, as well as specialized programs and advisory sessions to transform talent into projects with career opportunities with promising career paths.
The first accelerator “Accelerate U” will be launched in Jeddah during the period from (October 17, 2020) to (January 9, 2021) for three months.
The program covers (12) topics in the field of business administration, presented through a series of workshops, lectures and intensive training on entrepreneurship related to digital content. The best experts in the field of entrepreneurship will play the role of mentoring and training for startup applicants, under the direct supervision of UTURN, the experts in digital content industry, and the operator of the “Startup Hub Digital”.
Kaswara AlKhatib, Chairman of the board, Webedia Arabia Group and founder of UTURN, told Destination Jeddah “the partnership between Monsha’at and UTURN on the Startup Hub Digital is simple; the Kingdom of Saudi Arabia has drastically transformed in the recent years and is empowering its youth and supporting local businesses and startups, our mission with Monsha’at is to make sure that our youth and the digital content startups that we will be graduating over the years are at par if not better equipped than others in the region, and we believe with the support of Monsha’at and the vast experience and thought leadership UTURN has established in the market, we will succeed”.
Business accelerators are important tools in the field of entrepreneurship, especially for entrepreneurs and new companies, as they serve as rapid intervention teams for emerging projects to save them from failure if solutions were difficult for business owners and companies.
Registration in “Accelerate U” program is through the link: https://startuphubdigital.sa/accelerate-u/