Riyadh – Mubasher: Rainmaking Innovation, a Danish corporate innovation facilitator, has opened a new office in the Saudi capital Riyadh to support the growing startup ecosystem in the Kingdom, according to a press release.
The venture development firm is set to launch two programmes for local startups focusing on fintech as well as tourism and hospitality in Saudi Arabia.
The purpose of these programmes is to stimulate the progress of startups within the mentioned sectors, champion innovation, and create job opportunities for sustainable growth in accordance with the Saudi Vision 2030.
It is worth noting that Rainmaking Innovation played a main role in establishing Startupbootcamp in 2010, under which it run startup acceleration programmes.
CEO at Rainmaking MENA, Ibrahim Seksek, said: “Our strategic vision revolves around igniting positive change and nurturing a culture of innovation, as we actively shape the future entrepreneurial landscape in this region. Collaborating hand in hand with local partners and ambitious entrepreneurs, our mission is to empower and unlock the full potential of Saudi Arabia's vibrant ecosystem, propelling remarkable growth, and spearheading an extraordinary era of impactful ventures.”
