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- List of Incubators and Accelerators in Kuwait
List of Incubators and Accelerators in Kuwait
Supporting Platforms for Startups and Entrepreneurs in Kuwait
A recent government report from the National Observatory for Sustainable Development, part of the Ministry of Planning, recommends establishing a virtual business incubator in Kuwait to bolster innovation. This initiative aims to provide emerging companies in the innovation sector with comprehensive support, including financial, administrative, legal, and marketing consultations. It also aims to facilitate strategic partnerships among investors, inventors, innovators, and entrepreneurs across all sectors. The report highlights Kuwait’s urgent need to strengthen its innovation and entrepreneurship ecosystem, particularly given its below-average performance in the 2023 Global Innovation Index. Considering this, it is crucial to highlight the incubators and accelerators that have been supporting Kuwaiti startups in recent years.
Brilliant Lab - Brilliant Scale
Brilliant Scale is a comprehensive soft-landing program designed to assist international startups in expanding into the GCC market. Located at the Harbor House, it provides licensed offices, desks, and co-working spaces, all within walking distance of essential government entities. The program ensures seamless legal setups, leveraging its status as a government-approved accelerator in Bahrain, with over 50 commercial registration licenses available for ownership by any nationality.
In addition to logistical support, Brilliant Scale offers extensive market access through a network of local founders and global corporate partnerships spanning the US, Europe, the Middle East, and GCC countries. Startups also benefit from scouting services for investment rounds and tailored business development support, drawing on the accelerator's deep industry expertise.
Brilliant Lab - Brilliant Start
Brilliant Start is an investment and business development program created by Brilliant Lab and Rasameel Investment. It targets early-stage startups with a prototype or MVP, offering up to $40,000 in funding, office space, and legal support to help founders scale their ventures in the GCC market. The program includes a 4 to 6-month Kick and Co-Executing Program designed to test and penetrate the GCC market, with a focus on Kuwait, Bahrain, and Saudi Arabia.
Participants benefit from a comprehensive support package that includes cash, mentoring, and strategic partnerships. With a focus on easing financial barriers and providing continued funding opportunities, Brilliant Start aims to accelerate business growth and help startups establish a strong foothold in the region.
Cubical Services Business Incubator
Cubical Services Business Incubator is dedicated to helping startups launch and establish their businesses in Kuwait. The Kuwait-based company, managed by Kuwaitis, has been providing comprehensive support since 2009, including market research, administrative guidance, legal assistance, and complete project management. Their fully equipped modern office space and meeting rooms in the heart of Kuwait City offer an ideal environment for businesses to thrive.
With a team of experienced professionals from diverse fields such as entrepreneurship, HR, and finance, Cubical Services ensures that each startup receives personalized attention and support. They provide strategic business plans, assistance with licensing and legal work, and cater to ambitious businesses at all stages of development. Whether you are a foreigner with a business idea or a local entrepreneur looking to expand, Cubical Services is committed to paving your path to success. The incubator is led by a team of founding partners, including Abdulrahman J. Al-Fawaz (CEO), Abdulrahman J. Al-Nouri (Head of Finance Department), and Mijbel F. AlQattan (Head of Business Development).
Founder Institute Kuwait Chapter
The Founder Institute Kuwait Chapter is part of a well-established network that helps turn ideas into fundable startups and startups into successful global businesses. Established in 2009, the Founder Institute offers structured accelerator programs, leveraging an innovative 'Equity Collective' and a worldwide network of advisors. These programs simplify the startup-building process and significantly increase a startup's chances of success.
With a presence in over 200 cities, the Founder Institute has helped launch over 7,000 companies worldwide. The Kuwait Chapter aims to empower talented and motivated entrepreneurs by providing a critical support network of local startup experts and a challenging business-building process. To date, Founder Institute alumni have raised over $1.75 billion and are worth an estimated $30 billion.
Inspire U
InspireU is the region's first corporate incubator and accelerator, focused on ICT and digital innovation. Designed to support, enable, and empower entrepreneurship, InspireU provides startups with competitive financial grants, local and global exposure, and access to an inspiring work environment. Startups benefit from the guidance of local and international business and technology experts, as well as a robust entrepreneurial community that includes elite entrepreneurs, leaders, investors, and supporting government entities. Offering specialized tracks aligned with STC and its subsidiaries, InspireU ensures startups receive tailored support and technical guidance. With services ranging from office space to media coverage, InspireU helps startups build strong relationships with partners, investors, and customers, driving growth and success in the competitive landscape of ICT and digital innovation.
KIB Mubader
KIB Mubader is Kuwait's comprehensive hub for entrepreneurs, providing a hybrid platform that combines incubator and accelerator services for local and regional startups and SMEs. Designed to support the entire entrepreneurial journey, KIB Mubader offers a range of services including financing, investment, and business management. With a vision to be the bank of choice for entrepreneurs and SMEs, it aims to empower businesses with the resources and support needed to thrive and grow in the competitive market.
Kuwait Incubator Health tech
Health Tech 2024 is a dynamic 5-day Medical Innovation and Acceleration Program in Kuwait designed to transition medical doctors (MDs) and healthcare professionals into the commercial medical sector. This program combines in-depth lectures with hands-on workshops, focusing on innovation, technological advancements, and commercialization within healthcare.
Conducted by IE University, a leader in global business education, the program equips participants with essential skills and knowledge to drive innovation and develop commercially viable medical solutions. By providing insights into the latest technological advancements and entrepreneurial strategies, Health Tech 2024 aims to enhance Kuwait's medical innovation landscape and empower professionals to navigate the complexities of the healthcare market.
Sirdab Lab
Sirdab Lab is committed to assisting aspiring entrepreneurs in bringing their digital products and tech startups to life. It is a thriving community comprised of ambitious entrepreneurs, dedicated mentors, and astute investors, offering the necessary support to transform innovative ideas into successful ventures. The space provided by Sirdab Lab allows founders to develop their products, expand their businesses, and collaborate with other talented individuals. Furthermore, Sirdab Lab serves as a robust platform that inspires and educates through a variety of events, workshops, and programs, fostering growth and success in the tech startup ecosystem.
The National Incubator
The National Incubator in Kuwait is a leading industrial incubator focused on modernizing the craftsmanship industry. Drawing on extensive experience in Vocational Education, Business Management, and Industrial Automation, The National Incubator provides a comprehensive program aimed at fostering sustainable development and innovation in this sector. Entrepreneurs in the program have access to top international training, industry best practices, and cutting-edge technologies. The incubator offers a tailored business induction program, incubation strategies, and a supportive environment for idea evolution and personal growth.
The incubator provides support to entrepreneurs at every stage of their journey, from initial concept to operational business. Services include assistance with applications, business plan development, and funding acquisition. Aligned with the requirements of The National Fund for Small and Medium Business, The National Incubator offers a blend of lectures, workshops, and coaching to help transform entrepreneurial dreams into successful ventures.
ZINC
ZINC is dedicated to enhancing the entrepreneurial ecosystem in Kuwait by providing a state-of-the-art co-working space equipped with advanced technological tools and essential mentorship. Zain’s initiative aims to support local entrepreneurs and students, offering them a dynamic environment where their businesses can thrive and grow.
Aligned with Zain’s digital transformation strategy, ZINC offers startups and entrepreneurs access to expert advice, comprehensive support, and top-notch facilities. By fostering innovation and providing valuable resources, ZINC is committed to strengthening Kuwait's entrepreneurial scene and driving the success of emerging ventures.
In conclusion, Kuwait's accelerator and incubator landscape offers a rich array of opportunities for entrepreneurs at various stages of their journey. Whether through financial support, expert mentorship, state-of-the-art facilities, or specialized programs, these organizations are pivotal in turning innovative ideas into successful enterprises. As the ecosystem continues to evolve, the commitment of these accelerators and incubators to fostering entrepreneurship and supporting startup growth will play a significant role in shaping Kuwait’s economic future and solidifying its position as a leading center for innovation in the region.