{"id":55984,"date":"2025-05-26T10:42:58","date_gmt":"2025-05-26T07:42:58","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=55984"},"modified":"2026-03-28T07:49:09","modified_gmt":"2026-03-28T04:49:09","slug":"the-saudi-cultural-development-fund-launches-nama-accelerators","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/the-saudi-cultural-development-fund-launches-nama-accelerators\/","title":{"rendered":"The Saudi Cultural Development Fund Launches Nama\u2019 Accelerators"},"content":{"rendered":"\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"h-in-partnership-with-the-saudi-ministry-of-culture-and-quality-of-life-program-starting-with-the-handicrafts-track\">in Partnership with the Saudi Ministry of Culture and Quality of Life Program,Starting with the Handicrafts Track<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Saudi Arabia \u2013<\/strong>&nbsp;The Saudi Cultural Development Fund (CDF) announced Nama\u2019 Accelerators, the first of its kind in the Kingdom, in partnership with the Saudi Ministry of Culture and the Quality-of-Life Program, one of Vision 2030 realization programs. The accelerators are designed to enable the sustainable growth of cultural businesses through comprehensive training and development opportunities that culminate in financial incentives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nama\u2019 Accelerators comprises multiple sector-specific tracks to be introduced by the Fund in the near future. The accelerators launch with its first track, Handicrafts, as part of the Fund\u2019s broader efforts to amplify the economic, social, and creative impact of the 2025 Year of Handicrafts, and to enable sector stakeholders to enhance and expand their cultural projects and businesses. The Fund has launched a dedicated webpage for full accelerators details:&nbsp;<a href=\"https:\/\/cdf.gov.sa\/Developmentservices\/Accelerators\" target=\"_blank\" rel=\"noreferrer noopener\">cdf.gov.sa\/Developmentservices\/Accelerators<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Handicrafts Track targets micro, small, and medium-sized businesses (MSMEs) across 11 key handicrafts fields, including pottery, textiles, and woodworking. Participants will benefit from specialized training in modern craft techniques, intensive workshops in marketing and business development, and improved access to both local and global markets. The accelerators conclude with targeted financial incentives aimed at supporting long-term business growth and sustainability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through its first track, Nama\u2019 Accelerators aims to transform Saudi Arabia\u2019s vibrant handicraft heritage into sustainable economic businesses that empower communities, spark innovation in the sector, and embrace the Kingdom\u2019s national identity. The accelerators also support ambitious, high-potential startups with innovative ideas, helping to build a vibrant Saudi entrepreneurial ecosystem that encourages creativity and enables long-term, meaningful growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nama\u2019 Accelerators marks a significant step forward in the Cultural Development Fund\u2019s mission to become the Financial Center of Excellence for the cultural sector. It reinforces the Fund\u2019s role as a key financial enabler for cultural entrepreneurs and businesses by enabling their sustainable and profitable growth. The accelerators also consolidate the Fund\u2019s efforts with key stakeholders in the cultural ecosystem, enabling progress toward the goals of the National Culture Strategy under Saudi Vision 2030.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information about Nama\u2019 Accelerators and the Handicrafts Track, please visit the link above.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>in Partnership with the Saudi Ministry of Culture and Quality of Life Program,Starting with the Handicrafts Track Riyadh, Saudi Arabia \u2013&nbsp;The Saudi Cultural Development Fund (CDF) announced Nama\u2019 Accelerators, the first of its kind in the Kingdom, in partnership with the Saudi Ministry of Culture and the Quality-of-Life Program, one of Vision 2030 realization programs. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":55985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-55984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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