Riyadh is the site of the launch of the sixth edition of the Misk Accelerator for Initiatives, which aims to empower 12 youth initiatives to become sustainable non-profit organizations. The program was launched by the Mohammed bin Salman Foundation (Misk), representing the Misk for Society track.
According to SPA, the launch ceremony took place last Thursday at the Misk Foundation headquarters in Riyadh. The 12 participating initiatives come from various regions of Saudi Arabia, including six from the Riyadh region, three from the Makkah and Eastern regions, and three from the Madinah, Tabuk, and Hail regions.
The program provides an integrated development path featuring guidance, specialized consultations, and training workshops. These cover strategy, governance, financial sustainability, resource development, and organizational capacity building, alongside financial support to help initiatives register as non-profit organizations.
New additions to the sixth edition include a capacity building section to develop youth competencies for the non-profit sector and a national identity reinforcement section to support initiatives preserving Saudi cultural heritage and national values. Participating initiatives span fields such as education, art, heritage preservation, and labor market readiness in technology, artificial intelligence, and electronic games.
Previous editions of the accelerator supported sectors including technology, environment, quality of life, and leadership. The source did not include the total amount of financial support provided over the last five years.
Which regions in Saudi Arabia are represented in the sixth Misk Accelerator for Initiatives? The program includes 12 initiatives from various regions. Six initiatives are from the Riyadh region, three are from the Makkah and Eastern regions, and the remaining three are from the Madinah, Tabuk, and Hail regions.
What support does the Misk Accelerator provide to participating youth initiatives? The program offers an integrated development path that includes guidance, specialized consultations, and workshops on strategy, governance, and financial sustainability. It also provides financial support to help these initiatives transition into registered non-profit organizations.
What new sections were added to the sixth edition of the program? The sixth edition added a capacity building section to prepare youth to lead the non-profit sector. It also introduced a national identity reinforcement section to support the preservation of Saudi cultural heritage and national values.