Introduction
Adwa AlDakheel is the Founder and CEO of Falak Investment Hub. Falak, operational since 2018, has integrated over 100 startups into the Saudi ecosystem. The core strategy involves enhancing the expertise of angel investors, enabling them to contribute more value during their investment in a company.
Hence, in the dynamic realm of Saudi Arabia’s burgeoning innovation landscape, Falak Investment Hub stands out as a catalyst for transformative change. Accordingly, this full-fledged investment and corporate innovation firm have positioned itself at the forefront, creating a significant impact on the Kingdom’s entrepreneurial ecosystem.
Overall, this article delves into the unique features that give Falak Investment Hub its distinctive edge and the pivotal role it plays in shaping the future of innovation in Saudi Arabia. Thus, falak Investment Hub functions as a comprehensive investment and corporate innovation firm situated in Saudi Arabia. It empowers startup founders, angel investors, corporations, and public entities to actively contribute to the advancement of the Kingdom’s entrepreneurial and innovation ecosystem.
What have Falak Investment Hub achieved?
Falak Investment Hub has achieved significant milestones. While, showcasing its prowess in fostering a thriving entrepreneurial ecosystem in Saudi Arabia.
Market-cap of portfolio companies:
With a notable, market capitalization of portfolio companies reaching 1.13 billion SAR, Falak has successfully propelled the growth of startups within its programs. As a result, attaining an impressive average of 350%.
Average Startup growth in Falak Investment Hub Programs:
Hence, the hub has played a pivotal role in facilitating the international expansion of 30 growth-stage companies into the Kingdom. Demonstrating its commitment to nurturing startups, Falak provides extensive support, including perks and discounts totaling over 412 million SAR to every startup under its wing.
Monsha’at evaluation (Accelerators category):
Furthermore, the hub’s impactful contribution extends to the successful execution of 11 entrepreneurship, innovation, and investment programs, earning it the esteemed 1st place in the Monsha’at evaluation, particularly in the Accelerators category. This recognition underscores Falak Investment Hub’s effectiveness in driving forward the entrepreneurial landscape in Saudi Arabia.
How does Falak Investment Hub support startups?
Falak Investment Hub goes beyond traditional investment models by offering a comprehensive and holistic approach. The firm is not merely a financial supporter but a strategic partner, actively involved in the entire journey of startups, angel investors, corporates, and public entities. This hands-on approach sets Falak apart, fostering a collaborative environment that nurtures growth and success.
In what ways does Falak Investment Hub empower startup founders?
At the core of Falak’s mission is the empowerment of entrepreneurs. Additionally, the hub provides a platform for startup founders to thrive, offering resources, mentorship, and networking opportunities crucial for their development. By creating an ecosystem that supports innovation, Falak is instrumental in unlocking the potential of visionary leaders driving Saudi Arabia’s economic transformation.
How does Falak Investment Hub facilitate collaboration between startups?
Falak recognizes the power of collaboration between startups and established corporations. Moreover, through strategic partnerships, the hub facilitates a seamless exchange of ideas, expertise, and resources. This collaborative synergy not only benefits individual businesses but contributes to the overall growth and dynamism of Saudi Arabia’s corporate landscape.
What are Falak Investment Hub initiatives?
Falak Investment Hub understands the significance of societal impact. By fostering public-private partnerships, the firm aligns its efforts with the broader goals of the Kingdom. Through initiatives that address social challenges and promote sustainable practices, Falak goes beyond profit-driven motives, contributing to the overall well-being of the community.
Programs:
To clarify, intensive programs designed to accelerate the growth of early-stage startups through mentorship, funding, and resources. These programs are,
- Falak’s Flagship Accelerator
- Falak Angles
- Flak’s Business Hub
- Flak’s Academy
Falak’s Flagship Accelerator
Over the past three years, Falak Investment Hub, a prominent investment-backed Flagship Acceleration Program in Saudi Arabia, has successfully graduated 23 startups across the MENA region. Therefore, this achievement has contributed to the creation of over 500 jobs in the MENA region, marking a significant impact.
The Acceleration Program, still in its early stages, showcases Falak’s commitment to fostering innovation and entrepreneurship. In each cohort, Falak dedicates a total investment of up to 5,000,000 Saudi Riyals, supporting a maximum of 10 tech startups throughout an intensive 18-week accelerated journey. Furthermore, this initiative reflects Falak’s dedication to nurturing and advancing promising tech ventures in the region.
Falak Angles
Falak Angels, in partnership with Saudi Venture Capital (SVC), serves as a collaborative angel network. Alternatively, primary objective of Falak Angels is to streamline a curated selection of early-stage tech investment opportunities to our network of Angel Investors. This process also allows investors the option to seek co-matching from SVC, subject to approval at SVC’s discretion.
Value Proposition to Our Angel Investors:
- Preferential Access to Investable Startups
- Empowering investors with preferential access to a curated pool of promising startups.
- High-Quality Deal Flow
- Providing investors with access to meticulously filtered and high-potential deal flow.
- Enhanced Success Likelihood
- Increasing the likelihood of success in startup investments through our comprehensive ecosystem.
- Co-Matching Opportunities
- Offering the potential for co-matching investments from Saudi Venture Capital, enhancing the overall investment strategy.
- Exclusive and Limited Memberships
- Extending invitations exclusively to a limited number of members, fostering a close-knit and exclusive community.
- Networking Opportunities at Falak Business Hub
- Facilitating networking opportunities for investors within the Falak Business Hub, connecting like-minded individuals in a dedicated business club.
- Supportive Ecosystem for Startups
- Establishing a supportive ecosystem that benefits startups through mentorship, resources, and strategic guidance.
- Digital Tools Integration
- Leveraging digital tools to enhance and streamline the investment process for a seamless experience.
Falak Angels stands as a comprehensive platform that not only connects investors with promising startups but also provides a supportive environment for both investors and startups to thrive.
Flak’s Business Hub
Flak’s Business Hub is a community for MVP founders, startups and Angel investors to learn and work together. Falak’s Business Hub serves as a vibrant community where MVP founders, startups, and Angel investors come together to learn and collaborate. Consequently, it cultivates Outlier Communities by connecting experts, enablers, and visionary entrepreneurs.
Key Highlights:
- 350 Workshops Conducted
- 3,500 Community Members and Beneficiaries
- 50 Startups Landed into KSA
Landing Program to KSA includes:
- Coworking Spaces
- Private Offices
- Educational Hall
- Meeting Rooms
Discover All Memberships and Services:
Connect with like-minded, passionate entrepreneurs, investors, and freelancers in a space where individual potentials are exceeded.
Membership Options:
- Small Executive:
- Starting from 4,045 SAR per month
- 12,075 SAR for 3 months
- 22,943 SAR for 6 months
- 43,470 SAR for 12 months
- 24/7 Access
- 7 m2 – fits up to 2 individuals
- Unlimited meeting room hours
- Large Executive:
- 12,765 SAR for 3 months
- 24,254 SAR for 6 months
- 45,954 SAR for 12 months
- 24/7 Access
- 8 m2 – fits up to 4 individuals
- Unlimited meeting room hours
- Corner Executive:
- 13,800 SAR for 3 months
- 26,220 SAR for 6 months
- 49,680 SAR for 12 months
- 24/7 Access
- 8 m2 – fits up to 4 individuals
- Unlimited meeting room hours
Included Services on All Membership Types:
- Internet
- Coffee & Tea
- Printing
- Access to Library
- Reception
Falak Academy
Falak Academy is a platform designed for those who aspire to contribute to the prosperity of a nation, unlock their boundless potential, and challenge the conventional norms of businesses. Subsequently, it serves as nourishment for your brain, offering a diverse range of resources and opportunities for mental growth.
Key Offerings:
Food for Your Brain:
Stay abreast of the latest insights in entrepreneurship through blog posts, ebooks, webinars, and more.
Articles:
This is the space where Falak’s mental growth flourishes. Explore articles covering entrepreneurship, technology, innovation, and more.
Events:
Unlock the key to growing your bank account by expanding your mind. Join our community for networking events, innovation workshops, and knowledge-sharing sessions.
Podcast:
Have you tuned in to our podcasts yet? Engage in discussions covering startup stories, success stories, and case studies from our local startup scene. In addition, access the necessary resources and equipment required to kickstart your new venture. Falak Academy is your go-to platform for everything you need to embark on your entrepreneurial journey.
How does Falak Investment Hub envision the future of Saudi Arabia’s innovation ecosystem?
Falak Investment Hub’s commitment extends beyond immediate gains, focusing on the long-term development of Saudi Arabia’s innovation ecosystem. Additionally, the hub actively engages in initiatives that cultivate a culture of innovation, laying the groundwork for a sustainable and thriving entrepreneurs.
Falak Investment Hub envisions a dynamic and flourishing future for Saudi Arabia’s innovation ecosystem. Furthermore, the hub is committed to playing a pivotal role in shaping a landscape characterized by continuous growth, technological advancement, and entrepreneurial excellence. To illustrate, with a focus on fostering a culture of innovation, Falak aspires to see Saudi Arabia become a hub for groundbreaking ideas and transformative technologies.
In this envisioned future, the innovation ecosystem is anticipated to be characterized by:
- Entrepreneurial Vibrancy: A thriving community of diverse and dynamic entrepreneurs driving innovation across various sectors.
- Global Competitiveness: Saudi startups and businesses that are globally competitive, contributing to the Kingdom’s position on the international innovation stage.
- Strategic Collaborations: Robust collaborations between startups and established corporations, creating synergies that accelerate innovation and economic development.
- Investor Confidence: A heightened level of confidence among investors, both local and international, in the Saudi Arabian innovation ecosystem, leading to increased investment flows.
- Societal Impact: Innovative solutions addressing societal challenges and contributing to sustainable development and social well-being.
- Knowledge Economy: Transition towards a knowledge-based economy, with a focus on research and development, technological advancements, and the continuous acquisition of new skills.
- Government and Private Sector Alignment: Alignment between government initiatives and private sector efforts to create an environment conducive to innovation and entrepreneurship.
Conclusion
In conclusion, Falak Investment Hub’s distinctive edge lies in its multifaceted approach to investment, unwavering commitment to empowering entrepreneurs, strategic collaboration with corporates, and dedication to societal impact. As Saudi Arabia propels itself into a new era of innovation, Falak stands as a key player, driving positive change and shaping the Kingdom’s future through its visionary initiatives.
Falak Angels stands as a comprehensive platform that not only connects investors with promising startups but also provides a supportive environment for both investors and startups to thrive. Access the necessary resources and equipment required to kickstart your new venture. Falak Academy is your go-to platform for everything you need to embark on your entrepreneurial journey. Hence, in the shared vision of Falak Investment Hub and the vibrant community of CrunchRiyadh startups and incubators, Saudi Arabia’s innovation ecosystem takes center stage. As a result, they forge a path towards a dynamic landscape where groundbreaking ideas flourish and transformative technologies emerge.
Overall, through strategic initiatives, support programs, and a collaborative approach, Falak Investment Hub envisions Saudi Arabia’s innovation ecosystem evolving into a dynamic and globally recognized force, driving economic growth and positive societal impact.
January 15, 2024
