National Technology Development Program
Saudi Arabiantdp.gov.sa
Overview
The National Technology Development Program (NTDP) is a Saudi Arabian national program launched in 2020 with a budget of SAR 2.5 billion. Its goal is to strengthen the information technology sector and transform Saudi Arabia into a leading global technology hub by 2030. The program provides support through various initiatives, including financial incentives, venture debt, grants, and accelerator programs to empower entrepreneurs and support tech companies at various stages of development. It collaborates with government entities, universities, and the private sector to foster innovation and growth in the Kingdom's tech ecosystem.
Portfolio Companies
10
Website
ntdp.gov.saInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| UnlockLand | Jul 2025 | Seed | Co-investor |
| Byzanlink | Jun 2025 | Private Equity | Co-investor |
| Kneron | Jun 2025 | Grant | Lead |
| RedBox SA | Apr 2025 | Debt | Co-investor |
| Lucidya | Apr 2025 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
