Following earlier success in 2021, Unifonic is launching the latest cohort of its UnifonicX Accelerator Program in partnership with The Space
The Accelerator Program supports early-stage, growth-driven companies through education, mentorship, and financing, and is designed to speed up the validation, business development, and go-to-market process for start-ups within three to four months. Through mentorship and hands-on learning activities, it teaches essential skills for running a business, including sales and marketing, communications, finance, and technical capabilities. With the knowledge gained from the Accelerator Program, participants will be one step closer to unlocking an opportunity for future funding.
Invitations are being extended to Saudi entrepreneurs and start-up founders in the cloud communications and SaaS industries, focusing on security and privacy, customer experience, and digital transformation. The solutions should cater to utility companies, healthcare and medical service providers, educational and academic institutes, financial services, insurance, and banking organisations.
The UnifonicX Accelerator Program is one of three pillars underpinning the wider UnifonicX initiative, which also includes the UnifonicX Venture Builder and UnifonicX Academy. Currently, the primary focus is on the Accelerator Program, with the overarching goal of graduating 100 co-founders within three years.
“We’re incredibly proud of our roots as a Saudi start-up and believe it’s crucial to give back by supporting a new wave of passionate entrepreneurs in building their own community to flourish. We will elevate this impact by empowering an ecosystem that fosters innovation and encourages a steady stream of ideas able to attract investment and pave the way to a sustainable future,” said Ahmed Hamdan, Co-founder & CEO of Unifonic.
Applications are now open and registration will close on 13 October 2022. The program will start on 16 October 2022, ahead of the Demo Day with presentations to investors and representatives of the entrepreneurial ecosystem on 20 December 2022.