02/06/2014 08:22 AST

Six Saudi technology enabled start-ups impressed the minister of labor with their educational and career guidance programs, recruitment platforms, recycling and advertising solutions, localized gaming platforms, online cultural platforms and finally, cloud-based software solutions.

The impressive programs were showcased during Flat6Labs Jeddah second Demo Day event held in Jeddah on Saturday with the attendance of Eng. Adel Fakieh, the Minister of Labor.

Commenting on the Demo Day, Fakieh said “as Saudi Arabia’s leading private sector company, that is building sustainable entrepreneurship in the Kingdom, Qotuf not only founded Flat6Labs Jeddah, the first of its kind business accelerator program in the Kingdom, it graduated 11 Saudi technology-enabled start-up teams in less than 9 months. In total SR4 million were invested in addition to office space, company formation, legal advice, professional and technical advisory services and the provisioning of $170,000 in perks through its Global Accelerator Network, GAN partnership, whose membership includes the top 50 accelerators in the world.

Supported by Arabian Cement’s and IKEA’s Corporate Entrepreneurship Responsibility, CER Program, Flat6Labs Jeddah’s ‘Business Accelerator’ was able to invest and mentor the Saudi teams, through a Silicon Valley style 90-day comprehensive entrepreneurship start-up program that was developed with their partners Flat6Labs Cairo.

The start-up businesses included a well-diversified group of Saudi entrepreneurs, whose offering and services includes the delivery of educational and career guidance programs, recruitment platforms, recycling and advertising solutions, localized gaming platforms, online cultural platforms and finally, cloud-based software solutions.

In addition to the seed investment, technology perks and entrepreneurship-focused business training, Flat6Labs Jeddah provided over 120 hours of startup training in various business disciplines through its 20 mentors, who are accomplished Saudi businessmen and senior executives, with a varied and rich corporate background.

Highlighting the success of Flat6labs Jeddah, Tuba Terekli, Co-founder and CEO, Qotuf, said “in order for entrepreneurship to grow, momentum needs to be created, stakeholders need to be aligned and resources must be made available. These are the building blocks that will support Saudi entrepreneurs to launch their businesses and which will lead to the creation of skilled and high quality job opportunities in the Saudi market. All these elements came together through Arabian Cement and IKEA’s CER program and Qotuf’s Flat6labs Jeddah, with the outcome being 11 Saudi founded, technology-enabled companies in less than 9 months”.

The six projects were: Aya Games is a mobile, social gaming studio that serves the Arab world with games tailored to the region’s language and culture. DDC provides solutions that educate the public about their environment and utilizes recyclable waste from the source in order to simplify waste collection and direct it to the right recycling company. Ejadah Soft is on a mission to support Arab economies by providing a world-class software service to small and medium enterprises in all Arab countries. IRTH offers cultural exchange programs, joining leisure and knowledge-building, for the individual interested in historically, architecturally, or artistically significant and unique travel. Nujeed is the first Saudi online platform to bridge the gap between local private companies and employable Saudi talent through a matching service that maximizes employee retention. SmartAble resolves the stigmas surrounding educational counseling and guidance within Saudi Arabia and the region by ‘gamifying’ the high school and college education and guidance approach.

Saudi Gazette

Ticker Price Volume
QNBK 197.99 234,436
APPC 54.60 245,093
SAICO 11.40 155,201
SIECO 83.40 632,434
CATERING 86.10 62,823
PETROCHEM 25.85 104,133
ALMARAI 53.90 542,352
MENA printing business to grow to $32bn in 2019


The Middle East and North Africa (MENA) region continues to present one of the world’s key growth regions for printing.

In 2019, the total value of the commercial print business in MENA is

Saudi Gazette

Raysut Industrial Estate holds meeting with investors


The Quality Improvement Committee at Raysut Industrial Estate held its first meeting chaired by Eng. Hamad Al Qasabi, Director General of the estate and the committee’s chairman.

The meetin

Times of Oman

UAE, Chechnya explore economic cooperation


The Zayed Fund for Innovation and Entrepreneurship, established by the Khalifa Fund for Enterprise Development, is contributing to the economic development of Chechnya with a number of projects.

Gulf News

Oman’s first wind turbine installed in Dhofar


Masdar, the Abu Dhabi Future Energy Company, announced yesterday the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in Dhofar Governorate, the project is f

Oman Daily Observer

UAE on fast track to attracting investment and world talent


The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say experts at STA Law Firm.

The introduction of

The Gulf Today