Applications for Riyadh Base Camp are open!
Driving innovation’s next frontier
Base Camp Summary
Investment: Up to $100,000
Our Riyadh-based program will take the strongest founders across the region’s most promising technology verticals, giving them the resources they need to build industry-defining startups.
"This partnership with the NTDP marks an important milestone for the Outlier Venture's presence globally and we are very much committed to the MENA region. Some of the best teams in our portfolio are based here and, through the accelerator program, I am excited to see the growth of many more."
STEPHAN APEL
CEO and Founding Partner of Outlier Ventures
About the National Technology Development Program
The National Technology Development Program of Saudi Arabia under the Ministry of Communications and Information Technology. The objective of the NTDP is to support the development of the technology ecosystem. Aside from supporting accelerators, the NTDP offers a number of direct support initiatives that founders may be able to access in the future after successfully graduating.
We are thrilled to partner with Outlier Ventures to achieve the goals of this partnership by working together to support the ecosystem of technology startups in Saudi Arabia. This partership reinforces our commitment to advancing technology and fostering innovation in Saudi Arabia. By harnassing their extensive global expertise and advanced capabilities in the Web3 industry, Outlier Ventures will bring tangible value and make significant contributions to enhancing the Kingdom's technological infrastructure. This, in turn, will facilitate technological growth and innovation across various sectors. We eagerly anticipate achieving mutual success and cultivating a robust relationship that benefits all parties involved.
IBRAHIM NEYAZ
CEO of the NTDP
Why Now?
We continue to see the ambitious acceleration of science and innovation set out in the Kingdom’s Vision 2030 and their support for founders, and build out the tech ecosystem within the Kingdom.
Under Vision2030, Saudi Arabia is supporting the ecosystem of technology startups in Saudi Arabia and offering huge support to founders. This aligns with Outlier Venure’s overval focus on supporting founders and growing the Web3 ecosystem.
With a young population and entrepreneurial drive, Saudi Arabia is primed to lead growth and innovation across the technology industry. We see strong interest from various private and public sector players to explore and adopt Web3 solutions and drive Web3 ecosystem growth.
Our Program Focus
Our upcoming Riyadh-based programme marks the beginning of a concerted focus on the MENA region. In accelerating the local deep-tech Web3 landscape, we’re working with the best builders in sectors of local comparative advantage. These may include Gaming, Smart cities, AI, and Digital Identity, but we are open to hearing from startups across all cutting edge Web3 deep-tech verticals.
In this era of rapid technological advancement, there has never been a more exciting time to be an entrepreneur. We look forward to connecting with builders in the MENA region and playing our part in shaping the future of innovation and entrepreneurship within Saudi Arabia under Vision 2030.
What do startups get out of the program?
Week 1-2
Helping you to maintain focus on OKRs & Web3 Readiness Framework and ensuring you’re optimally leveraging our network.
Week 3-6
Building your knowledge and refining your idea through workshops and 1:2:1 meetings with our Subject Matter Experts across token, design, legal, engineering, fundraising and more.
Week 7-12
Having learned and refined your idea in the first six weeks, the final weeks of the program are tailored towards supporting the key areas needed to bring product to market.
An opportunity to showcase your product to the wider Outlier network and 2 months fundraising support.
- 360 support from 40+ experts on token, product, legal, fundraising, etc.
- Access to a mentor network of industry leaders in the Web3 space
- Opportunity to build alongside a cohort of cutting-edge teams
- Fundraising support tailored to your needs
What we offer
- 12-week dedicated support and access to our 60+ team and network
- +2 months of additional fundraising support
- Up to $100k stipend as part of the program (terms apply)
- Up to $200k in follow-up investment (terms apply)
In return for
- 6% equity and 6% future token supply
- Option to join future equity rounds, token rounds, and NFT drops at a discount
We have accelerated 300+ teams across 34 cohorts
Testimonials
FAQs
It will be held in person in Riyadh, Saudi Arabia. The exact location in Riyadh will be communicated to accepted teams.
Yes, you will need to register a company in Saudi Arabia. For the duration of the program, between one or two founders will need to be present in Riyadh.
Founders will receive a stipend that will cover relocation costs and be connected to a local advisor with experience in supporting international companies establishing companies in the Kingdom.
Obtaining visas is a straightforward process for Saudi Arabia, exact details will be discussed with short-listed teams.
Founders are recommended to stay in Riyadh for the duration of the program to maximise the networking and cultural activities that the physical program offers.