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National Technology Development Program (NTDP)

Government ProgramNo equity

MCIT-affiliated gov program (2020, SAR2.5B budget) to grow tech sector. Funds/co-runs NEXT ERA, MVPLab, LendTech, Saudi Unicorns, Venture Debt, TechCrew; partners w/ gener8tor + SparkLabs.

Riyadh, Saudi ArabiaFounded 2020Website

Portfolio (4)

Astra NovaAstra Nova
GrowthActiveEmpowering Accelerators (Accelerators Enablement Initiative) · FutureSpark Base Camp (Outlier Ventures x NTDP x NEOM) - Cohort 1

Founded 2022

ByzanlinkByzanlink
Pre-SeedActiveEmpowering Accelerators (Accelerators Enablement Initiative) · FutureSpark Base Camp (Outlier Ventures x NTDP x NEOM) - Cohort 1

Founded 2024

Sorbet
Pre-SeedActiveEmpowering Accelerators (Accelerators Enablement Initiative) · FutureSpark Base Camp (Outlier Ventures x NTDP x NEOM) - Cohort 1
LucidyaLucidya
Series BActiveEmpowering Accelerators (Accelerators Enablement Initiative) · SparkLabs Saudi Arabia - portfolio (cohort attribution not published)

Founded 2016