Earlier this year, we launched our FutureSpark Base Camp Accelerator program in Saudi Arabia in partnership with the National Technology Development Program. Hosted in-person, this accelerator is designed to spotlight the kingdom’s potential as a global startup hub and help empower founders in the region looking to be a part of that story.
While in Riyadh, we hosted a podcast to dive deeper into the program and the broader opportunities that Saudi Arabia offers to innovators. Hosted by Salwa Radwi, the podcast includes insights from our CEO Stephan Apel, our Board Member (KSA) Bandar Altunisi, and Operations Manager at CIC Captains of Innovation Devin Kelly.
This exciting conversation offers a closer look at the FutureSpark accelerator program, the growing tech ecosystem in Saudi Arabia, and the pivotal role Web3 and financial innovation will play in the country’s future. Whether you’re a startup founder, a tech enthusiast, or someone interested in the future of the MENA region, this podcast episode is a must-listen.
“Saudi Arabia is one of the most exciting places to be right now. The growth we’ve seen in the last 10 years is unparalleled,” Bandar emphasizes. Bandar’s enthusiasm is palpable as he reflects on the country’s transformation and the role that innovation — especially in Web3 and blockchain — will play in its future.”
A Bright Future for Web3 and Financial Innovation
The FutureSpark program is a game-changer for Saudi Arabia’s innovation ecosystem. Stephan elaborates on how the program is helping founders bring their ideas to life with access to world-class mentorship, funding, and resources.
Devin Kelly, who works closely with startups, echoes Stephan’s thoughts, highlighting the importance of co-working spaces and innovation hubs in Saudi Arabia. He explains how these spaces allow startups to focus on what matters most — innovating and scaling — without getting bogged down by operational complexities.
As the conversation progresses, the discussion turns to the role of Web3 and blockchain technology in Saudi Arabia’s economic vision. Bandar offers his insight into how financial innovation, particularly through decentralized technologies, will play a central role in achieving Saudi Arabia’s 2030 targets. With a forward-looking government and a booming startup ecosystem, the Kingdom is well on its way to becoming a global leader in technology and innovation.
Tune In on Spotify
Catch the full conversation on Spotify, and enjoy it wherever you are.
