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HomeTechnologyQualcomm, Aramco Launch AI and IoT Startup Incubator

Qualcomm, Aramco Launch AI and IoT Startup Incubator

DISA program to boost tech startups with cutting-edge resources and support

September 13, 2024
in Technology
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Qualcomm, Aramco, and Saudi Arabia’s Research, Development, and Innovation Authority (RDIA) are collaborating to launch an incubator program. This initiative aims to support startups in AI, Internet of Things (IoT), and wireless technologies for industrial applications.

The Design in Saudi Arabia (DISA) program focuses on early-stage startups, assisting them in designing and developing technologies for commercial use. The program offers technical assistance, business coaching, and intellectual property training, with the goal of strengthening the nation’s tech ecosystem.

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“We are excited to play a pivotal role in fostering the next wave of high-tech innovation in Saudi Arabia, guiding AI and IoT startups from design to commercialization,” said Wassim Chourbaji, SVP and president of Qualcomm MEA. “By meeting the unique needs of the Kingdom, we aim to propel it into a future of advanced digital transformation.”

DISA will provide access to Qualcomm’s mobile platforms, 4G and 5G technology, and machine learning systems, as well as Aramco’s Saudi Accelerated Innovation Lab. Startups may also receive incubation support, lab facilities access, and financial grants. Selected startups could collaborate with Qualcomm’s business teams and tap into global commercial opportunities.

“At Aramco, we aim to establish a robust digital superhighway that connects pioneering startups with Aramco’s resources and market opportunities,” said Nabil A. Al Nuaim, SVP for digital and information technology at Aramco. “This initiative accelerates digital transformation, fostering a globally impactful ecosystem that meets current market needs and anticipates future challenges. By bringing together top talents, we are setting the stage for new ventures.”

Tags: AI StartupsAramcoIoTQualcommSaudi Arabia Tech
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