Saudi Tourism Development Fund Graduates 30 Startups in Grow Tourism Incubator

Saudi Arabia's Tourism Development Fund (TDF) has successfully completed the first edition of its Grow Tourism Incubator, backing 30 startups over a 10-month period to expand the kingdom’s tourism entrepreneurship pipeline. The initiative, led by TDF Grow and developed in partnership with Almosafer, supported 20 startups through an in-person track and 10 via a virtual track, providing them with mentorship, grants, and investor connections. This push for private-sector growth is a key component of Vision 2030, designed to enhance the readiness of tourism ventures for expansion while fostering innovative business models in the sector. The graduation of these startups marks a significant step in diversifying Saudi Arabia's economy and empowering the tourism industry through localized support and global partnerships.