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Saudi’s Falak to invest SAR5 million in 10 startups

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Saudi’s Falak to invest SAR5 million in 10 startups

Saudi Arabia-based angel accelerator Falak Investment Hub is planning to invest SAR5 million in up to 10 tech startups selected to participate in its three-month accelerator programme. 

Falak’s programme will focus primarily on management and strategy, marketing and growth hacking, finance and accounting, and legal and intellectual property. 

Startups participating in this year’s programme will have the chance to access different markets within the GCC, mentorship sessions with other founders and angel investors, market their B2B sales in addition to advisory sessions on organisational, technical and legal issues.

Last year, Falak invested SAR4.2 million in seven tech startups in the GCC.

 

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file_put_contents(): Only 0 of 248 bytes written, possibly out of free disk space
in Filesystem.php (line 122)
at HandleExceptions->handleError(2, 'file_put_contents(): Only 0 of 248 bytes written, possibly out of free disk space', '/var/www/wamda-frontend/vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php', 122, array('path' => '/var/www/wamda-frontend/storage/framework/sessions/KCXk8Rlwt9gyczdGhnxanGDsMnTCjAcdRDrGMzWH', 'contents' => 'a:3:{s:6:"_token";s:40:"B0SGj67ca2Ry4bDNIQZVznKe3I4ConoT4mDcK5Ui";s:9:"_previous";a:1:{s:3:"url";s:90:"http://staging.wamda.com/index.php/en/2020/09/saudis-falak-invest-sar5-million-10-startups";}s:6:"_flash";a:2:{s:3:"old";a:0:{}s:3:"new";a:0:{}}}', 'lock' => true))
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at Kernel->terminateMiddleware(object(Request), object(Response))in Kernel.php (line 189)
at Kernel->terminate(object(Request), object(Response))in index.php (line 58)