The business incubator is an integrated platform that aims to support entrepreneurs and startup owners during the early stages of establishing their projects. The incubator offers a range of comprehensive services, including logistical support, such as providing co-working spaces equipped with the latest technologies, as well as financial facilities such as soft loans and financing support to ease the financial burden on new projects. The incubator also works to develop innovative marketing strategies that help startups reach their target audience and increase their chances of success in the market. Additionally, the incubator provides guidance and human resources management services, helping build strong and effective teams capable of achieving desired goals. The business incubator also plays a significant role in resolving administrative issues and organizing internal operations for projects, contributing to increased operational efficiency and productivity. Through their ongoing support, business incubators contribute to enhancing the contribution of small and medium-sized enterprises (SMEs) to the GDP, creating new job opportunities, and reducing unemployment rates, making them one of the most important tools for sustainable economic development.
The business incubator is a vital project that aims to provide comprehensive support to entrepreneurs and startups, contributing to the sustainability and growth of small and medium-sized enterprises (SMEs). The incubator is distinguished by its ability to build strong relationships with government agencies, which contributes to facilitating procedures and providing a favorable environment for project success. The incubator also offers various services, including logistical support, professional guidance, and practical training, in addition to financing facilities that enable startups to gain a solid foothold in the market. The business incubator enjoys a prime location, making it accessible to all, as well as its ability to build strategic partnerships with investors and financial institutions, providing additional support to entrepreneurs. It is also distinguished by its diverse revenue sources, ensuring its continuity and flexibility in the face of economic challenges. Furthermore, the incubator contributes to opening new markets for startups, enhancing their opportunities for expansion and growth. Thanks to this diversity and excellence, the business incubator is a strategic choice for anyone seeking comprehensive and integrated support and a profitable investment opportunity with sustainable growth potential.
Strong relationships with government agencies.
Diversified services provided (logistics, career guidance, training, financing facilities).
Building strong partnerships with investors and financial institutions.
A prime location.
Diversified revenue sources.
The ability to open new markets.
Executive summary
Study project services/products
Market Size Analysis
Risk Assessment
Technical study
Financial study
Organizational and administrative study
Service sector in GCC countries
According to the macroeconomic theory of sectors, the economy is divided into three main and large sectors: the first; – is the sector that is based on collecting raw materials and includes mining companies, timber companies, oil exploration companies, in addition to agricultural and fishing industries. The second sector; is the sector that depends on goods and their sale, such as: (car manufacturing, furniture, clothing trade… etc.). As for the third sector, known as the “services” sector; it is the sector responsible for providing and producing services, essentially relying on intangible things, such as: entertainment, health care, transportation, hospitality, restaurants, etc. This theory believes that the more advanced countries are, the more their economies are based on the third sector, unlike primitive countries, which rely mostly on the first sector (the United States of America, for example, the service sector constitutes 85% of its economy).
Kingdom of Saudi Arabia:
The State of Qatar:
Kuwait:
United Arab Emirates:
Sultanate of Oman:
Global Service Sector
The service sector is the major contributor to the world’s gross product; It alone accounts for more than three fifths of this output. The sector does not rely on the production of tangible goods such as automobile and furniture, but rather on the provision of intangible services such as banking, medical care, transportation, hospitality, leisure, etc. The value of the sector market was estimated in 2020 at USD 10,814.49 billion and rose to USD 11,780.11 billion in 2021. The market achieved a CAGR of 8.9%. After recovering from the effects of the coronavirus pandemic, global market experts expect the sector’s market to reach US $ 15683.84 billion by 2025, bringing the market to a CAGR of 7% in the coming years.