Standard Chartered invites applications for Women in Tech Program in KSA

Standard Chartered invites applications for Women in Tech Program in KSA

- First edition of the global program to be held in KSA, enabling Saudi based and women-led start-ups to benefit from training, mentorship, and seed funding opportunities

- Initiative aims to bridge funding gap that still exists for women entrepreneurs and female-led startups in the technology sector

- Winners of this year’s cohort to receive up to USD $50,000 in total funding

Riyadh, Saudi Arabia - Standard Chartered and Falak Investment Hub today announced the launch of the first cohort of the ‘SC Women in Tech’ program in the Kingdom of Saudi Arabia. Applications for the program will begin from 28 November and will remain open for a period of around six weeks.

The 8-week program aims to support women-led start-ups in Saudi Arabia by providing women entrepreneurs at the heart of tech-focused entrepreneurship with opportunities for economic and social development, as well as funding. This is part of the bank’s global ‘Women in Tech’ initiative that is currently available in 6 other countries.

Earlier this year, the Kingdom announced over USD $6.4bn in future technologies and entrepreneurship investments. It is a key pillar of Vision 2030, which focuses on strengthening entrepreneurship by boosting private-sector investment, supporting innovation, and attracting and training talent. However, a