STC joins Badir Pro­gram to sup­port Saudi tech star­tups

Arab News - - CORPORATE PR -

King Ab­du­laziz City for Sci­ence and Tech­nol­ogy (KACST), rep­re­sented by the Badir Pro­gram for Tech­nol­ogy In­cu­ba­tors, has signed an agree­ment with Saudi Tele­com Com­pany (STC), rep­re­sented by its busi­ness unit. Un­der the agree­ment, KACST will of­fer com­mu­ni­ca­tions and IT so­lu­tions to newly es­tab­lished star­tups in­cu­bated by Badir with the aim to fa­cil­i­tate their busi­ness and re­duce their op­er­at­ing costs.

STC will also of­fer com­pet­i­tive prices to Saudi en­trepreneurs on a se­lec­tion of tele­com ser­vices, such as fixed-line and In­ter­net ser­vices (Jood), pre­paid Quick­Net pack­ages, Jawal and Jawal net pack­ages, and di­rect con­nec­tion pack­ages.

Nawaf Al-Sah­haf, chief ex­ec­u­tive of the Badir Pro­gram for Tech­nol­ogy In­cu­ba­tors, and Anef Ahmed A. Abanomi, vice pres­i­dent of en­ter­prise ac­counts at STC, signed the agree­ment.

Al-Sah­haf said: “The sign­ing of the agree­ment is a con­tin­u­a­tion of the ef­forts made by the Badir pro­gram in or­der to cre­ate strate­gic part­ner­ships with the pri­vate sec­tor and other com­pe­tent au­thor­i­ties in de­vel­op­ing an en­tre­pre­neur­ial en­vi­ron­ment in the King­dom and pro­vid­ing the nec­es­sary sup­port for tech­ni­cal projects in or­der for them to grow, de­velop and sus­tain.”

Abanomi said the agree­ment with the Badir pro­gram is part of STC’s strat­egy of sup­port­ing en­trepreneur­ship.

“The com­pany is keen to do more in or­der to sup­port and em­power young Saudi en­trepreneurs, as well as to par­tic­i­pate in ini­tia­tives that con­trib­ute in re­duc­ing op­er­at­ing costs for star­tups,” he added.

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