Standard Chartered, in partnership with Falak Investment Hub, has launched the fourth cohort of its Women in Tech Saudi Arabia accelerator program, opening applications for women-led technology startups in the region.

Building on a track record of supporting 26 companies, this initiative provides equity-free capital, specialized training, and investor network access to help early-stage female-led tech companies in Saudi Arabia scale into sustainable businesses, directly addressing a funding and support gap.

What We Know So Far

  • Standard Chartered and Falak Investment Hub have officially opened applications for the fourth edition of the Women in Tech Saudi Arabia Accelerator, according to Arab News.
  • Selected startups are eligible to receive up to SR169,000 ($45,000) in equity-free funding from Standard Chartered.
  • The application deadline for interested founders is May 16, with the accelerator program scheduled to begin on June 14 of this year.
  • The program is part of a global Standard Chartered initiative focused on supporting women-led tech enterprises through funding, training, and networking opportunities.
  • Previous cohorts of the Saudi Arabian accelerator have supported 26 women-led startups, which have collectively generated more than SR82 million in total revenue.

Standard Chartered Falak Women in Tech Accelerator Program Details

The fourth Women in Tech accelerator cohort offers significant equity-free funding of up to SR169,000 (approximately $45,000). This capital allows early-stage female founders to retain full ownership and control while funding growth, product development, and market expansion.

Beyond funding, the accelerator offers tailored training workshops addressing scaling challenges like business model refinement and go-to-market strategies. Participants also access a network of mentors, industry experts, and investors, fostering strategic partnerships and future funding rounds.

Standard Chartered emphasized its dedication to the region's entrepreneurial ecosystem, stating: "The launch of the fourth edition of the Women in Tech program underscores our long-term commitment to advancing women’s leadership across Saudi Arabia’s digital and entrepreneurial landscape." This reflects a strategic focus on building long-term female leadership in technology.