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.
Becoming company No.1 that leads and develops the innovation environment providing a model for domestic and regional entrepreneurship.
Supporting innovation and providing a suitable environment for encouraging and embracing innovators as well as providing services to build human and cognitive capabilities in various fields of digital transformation and the Fourth Industrial Revolution. This comes in addition to facilitating the process of obtaining finance and adopting a cooperative approach within the investment society in the KSA