Profile
Since 2017, Business Incubators and Accelerators Company (BIAC) have started operated and manage incubators and accelerators for the public and private sectors as a government subsidiary of the Saudi Technology Development and Investment Company (TAQNIA), which, in turn, is wholly-owned by the Public Investment Fund (PIF).
At BIAC, we operate and manage entrepreneurship support platforms, innovation, and technology transfer platforms, as well as project management and business support through specialized consulting and training services.
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FAQs about Business Incubators and Accelerators Company (BIAC)
Where is Business Incubators and Accelerators Company (BIAC) located?
Business Incubators and Accelerators Company (BIAC) is located in Saudi Arabia.
When was Business Incubators and Accelerators Company (BIAC) founded?
Business Incubators and Accelerators Company (BIAC) was founded in 2017.
What sectors and industries does Business Incubators and Accelerators Company (BIAC) invest in?
Business Incubators and Accelerators Company (BIAC) invests in companies and startups in Fintech.
What is Business Incubators and Accelerators Company (BIAC) geographical focus of investments?
Business Incubators and Accelerators Company (BIAC) invests in companies and startups in Middle East.
At what stages of companies and startups does Business Incubators and Accelerators Company (BIAC) typically invest in?
Business Incubators and Accelerators Company (BIAC) invests in companies and startups at Seed.
What is the usual amount of Business Incubators and Accelerators Company (BIAC) investment?
Business Incubators and Accelerators Company (BIAC) usually invests $0-1 m on average.
Is Business Incubators and Accelerators Company (BIAC) impact investor?
Yes, Business Incubators and Accelerators Company (BIAC) is impact investor.