Riyadh - Sharikat Mubasher: Madinah Regional Municipality launched the Madinah Tech Accelerator and Sandbox, in partnership with Actual VC, 24SIX9, and AHOY, to cultivate and launch groundbreaking startups in Madinah.

Participating entrepreneurs, innovators, and businesses will focus on developing transformative technological solutions that tackle real-world urban challenges, reshaping Madinah and beyond, a recent statement unveiled.

The Madinah Tech model operates through two key phases: the Accelerator Phase and the Sandbox Phase. The Accelerator Phase identifies and nurtures innovators whose ideas align with Madinah's rich heritage and forward-looking vision. It features scouting for brilliant minds to serve Madinah and the wider Muslim community through business innovation and sustainable solutions. Additionally, it provides intensive training, mentorship, and guidance to help innovators reach the Minimum Viable Product (MVP) stage.