Enabling innovation

For a vibrant society

Enabling innovation

For an ambitious nation

Enabling innovation

For a thriving economy

About Us

BIAC is a 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 work to enable innovation in the Kingdom of Saudi Arabia by building, operating, supporting and developing the innovation environment and technology transfer, as well as project management in all different business sectors.

Why Biac?


The first company licensed in the Kingdom of Saudi Arabia to manage incubators and accelerators.


Operated and managed more than 10 business incubators and accelerators.


International and local awards for the best operator of business incubators and accelerators.


Positive contribution of our innovation programs to the Kingdom's GDP by more than SAR 2.1 Billion.


Local and international partnerships in the field of innovation.


Innovation programs led to the creation of more than 3,000 direct jobs and 200,000 indirect jobs.


Industry 4.0 focused programs Contributed to the establishment and support of 700 beneficiary technical startup.


On ground Innovation awareness events executed for our clients achieved a reach of +1 million beneficiaries.

Tangible Results

Our Clients

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