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The Saudi British Bank (SABB) and KAUST are launching the KAUST-SABB University Entrepreneur Accelerator “TAQADAM.” The program aims to help early stage university student and faculty entrepreneurs at Saudi universities develop their concepts into high-potential startups.

“We believe this will significantly support the ongoing work at Saudi universities for the commercialization of inventions and ideas by students and faculty, with a particular focus on financial technology startups, given the rapid development of financial technology around the world and its potential applications for millions of consumers and corporates,” said David Dew, managing director of SABB.

Image: Members of KAUST and SABB leadership gather as KAUST President Jean-Lou Chameau and SABB Managing Director David Dew sign an agreement on September 27. Photo by Lilit Hovhannisyan.