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Ibtekar Award

Monsha'at's annual innovation award spotlights Saudi innovators and tech-adopting companies; its winners have doubled as the national qualifiers for the Entrepreneurship World Cup.

Apply on the programme's siteDates change. Always confirm on the programme's own site before you apply.

[ What you get ]

Cash prizes (up to SAR 300,000 in total for the 6th edition, per Monsha'at), national and international recognition, and winners represent Saudi Arabia at the Entrepreneurship World Cup.

[ Who it's for ]

Innovators with ideas and enterprises that have adopted an emerging technology or innovation in products, business model or operations.

Run by
General Authority for Small and Medium Enterprises (Monsha'at)
Equity
No equity taken
Format
Not published
Where
Multiple cities
Duration
unknown
Stages
Idea · Pre-seed · Seed · Series A · Growth
Sectors
General · Deep tech

[ Elden Studios ]

Accepted? Show up with a product.

Programmes back founders who ship. Elden Studios builds your MVP in weeks, in your name, so you walk in with something live.

Get your MVP quote

Checked against the operator's own pages on 2 October 2026.

Sources:monshaat.gov.sa