Empowering Saudi Entrepreneurs: Rainmaking Innovation launches industry-focused programs
Rainmaking Innovation is set to revolutionise Saudi Arabia’s startup ecosystem with its expertise and successful track record in fostering corporate innovation, bringing a wealth of experience in boosting innovation, co-creation, and successful startup acceleration programs.
To drive the growth of critical sectors in the Kingdom, Rainmaking Innovation is launching two industry-focused programs: Fintech and Tourism & Hospitality. These programs aim to accelerate the development of startups within these sectors, fostering innovation and unlocking opportunities for sustainable growth and job creation, in line with the ambitious goals outlined in Vision 2030.
Rainmaking Innovation played a pivotal role in the establishment of Startupbootcamp, which has now become one of the world’s most active and highly regarded industry-focused startup accelerators, achieving a prestigious top-5 ranking. With a commitment to supporting ambitious entrepreneurs at every stage of their growth journey, Rainmaking Innovation is poised to be a key driver in nurturing the growth of startups in Saudi Arabia.
In its efforts to create a fertile environment for creativity and innovation, Rainmaking Innovation places a strong emphasis on nurturing local entrepreneurial talent. The company aims to provide a unique opportunity for local talent to interact with global experts, fostering knowledge transfer and empowering young innovators to take their ideas to new heights.
Under the astute leadership of Ibrahim Seksek, a serial Entrepreneur with multiple exits, Rainmaking Innovation MENA is set to make a meaningful impact in the Saudi Arabian market. Leveraging his wealth of experience and passion for driving innovation, Seksek’s leadership will be instrumental in shaping the success of Rainmaking Innovation’s initiatives in the Kingdom.
Commenting on the momentous journey into Saudi Arabia, Seksek, CEO at Rainmaking MENA, expressed immense excitement. “Our strategic vision revolves around igniting positive change and nurturing a culture of innovation, as we actively shape the future entrepreneurial landscape in this region,” he said. “Collaborating hand in hand with local partners and ambitious entrepreneurs, our mission is to empower and unlock the full potential of Saudi Arabia’s vibrant ecosystem, propelling remarkable growth and spearheading an extraordinary era of impactful ventures.”
Rainmaking Innovation boasts a distinguished track record of collaborating with leading companies, propelling innovation across diverse sectors. Collaborating with prominent names such as IKEA, Visa, Jordan Payments & Clearing Company [JoPACC], Kuwait International Bank, Smart Dubai, Du, Orange, Vodafone, Barclays, Morgan Stanley, and Angie have paved the way for transformative breakthrough and game-changing innovations.
In recent news, it has been announced that Bain & Company will acquire the APAC arm of global Rainmaking, further fortifying the company’s position as a critical player in the global innovation landscape.
With Rainmaking Innovation’s entry into the Saudi Arabian market and its commitment to nurturing local talent and driving innovation, the Kingdom’s startup ecosystem is poised to witness a new era of growth and opportunity, aligning with the ambitious vision for the future outlined in Vision 2030.
