Dr. Bakri bin Maatouq Asass, the Umm Al-QurA University (UQU) president; and the Makkah Techno Valley Company (MTVC) board of directors chairman, visited the start-ups’ headquarters at the MTVC. And he looked at the latest about the start-ups’ work flow, and get informed about the MTVC’s future plans. 

Dr. Nabil ibn Abdul-Qadir Kushuk, the UQU Work and Knowledge Innovation vice president; and the MTVC board of directors vice chairman, accompanied  by Dr. Usama ibn Rashad Ala’amri; the MTVC chief executive officer, Dr. Wadia’a Barqawi; dean of the Creativity and Entrepreneurship Institute and Dr. Majid Abdullah; the MTVC public relations director, received Dr. Bakri bin Maatouq Asass.   

Still, Dr. Nabil Kushuk presented a detailed explanation about the components of the new projects, part of the MTCV’s future plans at the dormitory in Ala’abidiah, adding that the projects are to contribute to boosting the knowledge economy. He went on to underline that the MTCV, the UQU investment arm, is driven by clearly-defined plans and strategies working on propelling the start-ups to world rankings. He similarly extended thanks to the UQU President for visiting the start-ups, which positively impacts the work team. 

In a similar fashion, Dr. Usama Ala’amari pointed out that the start-ups’ headquarters features a set of key programs meant for supporting the innovative ideas  and providing advisory, training and guiding services for the innovators. It also funds and taps into the start-ups for achieving growth and sustainability through linking them to a pool of investors and venture capital.  He went on adding that all the new projects will chiefly focus on supporting innovators.  

After the visit, Dr. Bakri bin Maatouq Asass lauded the efforts exerted by the MTVC’s staff, in accordance with the Kingdom’s vision 2030 for strongly establishing the knowledge economy through the scientific research. He further noted that the MTVC provides all the facilitations for the inventors for transferring their patents to products through sponsoring the start-ups.