KAUST has announced the launching of Hikma, a new Accelerator Program to help identify, develop and speed up the Intellectual Property-Based Startups. On March 21, 16 teams from KAUST and regional Universities took part in a three-day series of mentor-led workshops, which kicked off a 6-month process to accelerate their technology and startup development.
The new accelerator process is run by the KAUST Entrepreneurship Center with assistance from the KAUST Technology Transfer Office. Hikma is designed for students, postdocs and academics who wish to pursue a startup potential of their technology. Hikma, which is derived from the Arabic term for ‘wisdom,’ harkens to the original vision for KAUST as a modern day ‘House of Wisdom.’