inspireU from stc, the leading corporate accelerator in the region, has signed an MoU with Business France to foster innovation and strengthen the startup ecosystem in Saudi Arabia and France.
This MoU was signed during the LEAP24 event in the presence of high-profile dignitaries from both countries, including H.R.H. the Chairman of the Board of stc Group, H.E. The Saudi Minister of Investment, H.E. The French Minister Delegate of Foreign Trade and Economic Attractiveness, H.E. The Ambassador of France to KSA, The Group CEO of stc, and the CEO of Business France. This marks a new era of bilateral cooperation between Saudi Arabia and France in digital innovation and economic development.
Through this agreement, inspireU and Business France will work closely to empower entrepreneurs and promote the growth of competitive startups in Saudi Arabia and France. The partnership will facilitate knowledge sharing, enable new opportunities for collaboration, and ultimately contribute to the digital transformation of both countries.
The MoU represents the two organisations’ shared vision to build a thriving ecosystem for startups. By combining their expertise and networks, inspireU and Business France aim to equip entrepreneurs with the tools and resources needed to establish and scale innovative businesses.
This collaboration will be ongoing with the launch of the 11th intake of inspireU from stc’s general program, which is available for all digital startups around the world in their early stages to apply.
