NTDP Celebrates Graduation of MVPLab Startups After Securing over SAR250 Million in Investment
"برنامج تنمية قطاع تقنية المعلومات" يحتفي بتخريج شركات MVPLab
The National Technology Development Program (NTDP) celebrated the graduation of startups supported by its MVPLab product, at an event held at The Garage in Riyadh in the presence of Minister of Communications and Information Technology Abdullah Alswaha. MVPLab has supported 1,179 startup projects and 2,392 entrepreneurs, whose companies have closed investment rounds totaling more than SAR250 million, achieving a private-sector investment multiplier of 2.2x, and contributed to creating more than 5,000 jobs across 10 Saudi cities: Qassim, Abha, Arar, Madinah, Al-Ahsa, Riyadh, Jeddah, Al-Baha, Al-Khobar, and Aseer.
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