Business Incubators and Accelerators Company (BIAC)
Investor type
VC
Last fund created
2017
AUM
-
Location
Saudi Arabia
$0-1 m
Investment Ticket
3-5 years
Investment Horizon
Seed
Investment Stage
Sale to strategic investor
Exit Strategy
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.
Industry
Region of investment
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