Riyadh – Sharikat Mubasher: The Research, Development, and Innovation Authority (RDI) officially launched the Wadi Jeddah Innovation Hub (WJIH), a new integrated district aimed at strengthening the Kingdom’s innovation ecosystem and supporting startups, investors, and knowledge-driven businesses.

Developed by Wadi Jeddah Company, the facility brings together office space, incubators, accelerators, and development plots within a single innovation-focused environment. The project includes 57 startup headquarters, seven office buildings, and more than 53,000 square meters of administrative and commercial space, alongside 28,500 square meters of planned development land.

The Hub is designed to serve startups, established companies, and investors, offering shared workspaces, business services, and dedicated areas for events and collaboration. It adopts an integrated operating model that combines international expertise with local capabilities.

As part of its global positioning, the project has entered a strategic partnership with Cambridge Innovation Center (CIC) to operate the innovation hub and link it to an international network of more than 650,000 innovators worldwide.

The launch aligns with Saudi Arabia’s broader efforts to build sustainable innovation districts that support entrepreneurship, attract investment, and advance the goals of Vision 2030.