Standard Chartered has officially launched the third cycle of its ‘Women in Tech’ accelerator programme in Saudi Arabia, continuing its collaboration with Falak Investment Hub. The initiative, which is now accepting applications, is focused on supporting women-led startups that are building technology-driven solutions across sectors.
The programme is part of Standard Chartered’s global Futuremakers initiative, designed to promote economic inclusion through entrepreneurship and education. This year’s edition carries the theme “Innovate. Lead. Inspire.” A nod to the progress being made by Saudi women in tech and an invitation for more to step forward with their ideas.
Mazen Bunyan, Chief Executive Officer of Standard Chartered Saudi Arabia, said: “Through this programme, we continue to support women-led innovation and inclusive growth in the Kingdom. The initiative reflects our belief that empowering diverse talent creates better outcomes for communities and economies alike. We take great pride at Standard Chartered for having launched the Women in Technology programme in the Kingdom alongside our implementing partner, Falak Investment Hub.”
Over the course of eight weeks, selected startups will participate in a series of masterclasses, receive one-on-one mentorship, and connect with investment networks. The programme concludes with an opportunity for the top three ventures to receive a combined $45,000 in equity-free funding.
In previous cohorts, several standout startups have emerged. Chefaa, a health-tech platform, recently secured $5.25 million in funding to grow its presence in the Kingdom. Assistive technology startup Afsih took the top spot in the second round, while other graduates like AVA and Tarkeez have continued to expand in areas such as fintech and productivity.
The programme is scheduled to begin in early July, with applications open through June 27, 2025. Falak Investment Hub, the programme’s implementation partner, is known for its deep involvement in the Saudi startup scene. Founded in 2018 by Adwa AlDakheel and based in Riyadh, Falak has supported over 180 startups through its various growth and funding initiatives.
With this next phase of the accelerator, Standard Chartered and Falak aim to create more space for Saudi women to bring forward bold ideas and turn them into thriving, scalable businesses.
