Ministry of Environment, Water and Agriculture Launches “Sidra” and “Reef” Accelerators to Foster Innovation and Entrepreneurship
Riyadh, Saudi Arabia – December 13, 2023 – The Ministry of Environment, Water and Agriculture (MEWA) has proudly announced the launch of two pioneering initiatives, the “Sidra” and “Reef” accelerators. This significant step underscores MEWA’s commitment to nurturing innovation and driving entrepreneurship within its diverse sectors, aiming to address key environmental, water, and agricultural challenges facing the Kingdom.
The “Sidra” accelerator is specifically designed to support and cultivate innovative solutions and emerging businesses focused on environmental sustainability and conservation. The name “Sidra,” referencing the Ghaf tree, a symbol of resilience and growth in the desert, aptly reflects the accelerator’s mission to foster robust and sustainable ventures that contribute to the Kingdom’s environmental goals. This program will provide a comprehensive ecosystem for entrepreneurs, offering mentorship, access to resources, potential investment opportunities, and a platform to scale their impactful ideas.
Complementing “Sidra,” the “Reef” accelerator will concentrate its efforts on empowering innovation and entrepreneurship within the vital agricultural and water sectors. Named after the vibrant and essential marine ecosystems, “Reef” signifies the Ministry’s dedication to promoting growth and diversity in these critical areas. This initiative aims to accelerate the development of cutting-edge technologies, sustainable practices, and novel business models that enhance food security, optimize water resource management, and improve agricultural productivity across Saudi Arabia.
The launch of these two accelerators marks a strategic move by MEWA to actively engage with the entrepreneurial community and harness their creativity to accelerate progress towards the Kingdom’s ambitious Vision 2030 objectives. By creating dedicated pathways for innovation, MEWA seeks to empower individuals and startups to develop and implement solutions that address pressing issues, ranging from climate change adaptation and resource efficiency to the development of advanced agricultural techniques.
Entrepreneurs and innovators with solutions relevant to environmental protection, water conservation, sustainable agriculture, and related fields are encouraged to explore the opportunities presented by the “Sidra” and “Reef” accelerators. MEWA is dedicated to providing a supportive and collaborative environment for these initiatives to flourish, ultimately contributing to a more sustainable and prosperous future for Saudi Arabia. Further details regarding application processes and program specifics are expected to be released shortly through official MEWA channels.
“البيئة” تطلق مسرعتي سدرة وريف لتنمية الابتكار وريادة الأعمال في قطاعات الوزارة
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mewa.gov.sa published ‘”البيئة” تطلق مسرعتي سدرة وريف لتنمية الابتكار وريادة الأعمال في قطاعات الوزارة’ at 2023-12-13 00:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.