stc Kuwait launches the 2nd intake of ‘inspireU’ entrepreneur accelerator

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Kuwait City, June 18: Kuwait Telecommunications Company stc, a leader in digital transformation and innovative services in Kuwait, in collaboration with inspireU from stc  group, announced the launch of the second batch of the inspireU program to support tech startups, enhancing stc’s role as a digital enabler and contributor to the digital economy. inspireU from stc group was established about 10 years ago, and stc Kuwait has worked closely with the accelerator on a special collaboration within the general program’s 10th intake for Kuwaiti tech startups, where the first batch included several leading tech startups.

All ambitious entrepreneurs who have innovative concepts and startups can apply for the “inspireU” program by filling out the application form on www.stc.com.kw. It is worth mentioning that registration for the program is for a specific period only, as seats are limited. This is a key step for applicants to share their Service/Product in a structured approach, where only complete applications will be evaluated according to the program criteria.

Danah Aljasem, General Manager of Corporate Communications at stc Kuwait, said: “We are pleased to collaborate with inspireU from stc group to enable more Kuwaiti tech startups following the success of the first edition. The program aims to equip entrepreneurs with the tools and guidance needed to turn their ideas into successful projects, fostering a culture of innovation and entrepreneurship to create new job opportunities and enhance sustainable growth, in line with stc’s vision for digital transformation.”

The program includes several tracks, such as fintech with STC Bank, gaming with stc play, cybersecurity with sirar by stc, and IoT with iot squared. The incubated startups will be enrolled in a six-month training program that provides financial support and workspaces in Kuwait and Saudi Arabia, along with guidance, training courses, networking opportunities, and participation in international conferences.

Since its inception, inspireU has enabled over 110 tech startups across various fields and sectors, some of which have become unicorns, creating more than 650,000 jobs in the digital economy and serving over 50 million users with their innovative solutions.

stc is one of the biggest supporters of Kuwaiti tech startups and continues to support initiatives that highlight and empower local entrepreneurs to create added value for the group, contributing to the region’s digital economy.

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