Entrepreneurship and Incubation Programs
To empower the traditional arts sector in the Kingdom, Wrth: The Royal Institute of Traditional Arts offers entrepreneurship and incubation programs to enhance a vibrant and sustainable market. These programs enable entrepreneurs to build and improve their business models, providing job opportunities for artisans, students, and living national treasures. The goal is to elevate business approaches and promote their artworks and products locally and internationally, in addition to enhancing their participation in specialized projects.
Programs:
• Traditional Arts Business Incubator
• Traditional Arts Business Accelerator
• Artisans Empowerment Portal
Objectives:
• Enhance entrepreneurship practices and business ventures in traditional arts.
• Increase the support services for entrepreneurs.
• Raise the rate of business ventures among beneficiaries.
• Empowering beneficiaries and improving their business models.
• Displaying products through sales platforms.
Traditional Arts Business Incubator
Wrth: The Royal Institute of Traditional Arts holds the Traditional Arts Business Incubator Program. This educational experience includes Training sessions, group workshops, and individual advisory sessions, in addition to product development and marketing services to reach customers, to build national capabilities in the field of entrepreneurship in traditional arts.
Objectives:
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Providing basic knowledge of professional entrepreneurship and innovation skills.
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Marketing traditional artistic and handicraft products to keep up with the modern world.
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Strengthening the traditional arts market and working on its sustainability.
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Offering investment opportunities to support their projects.
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Program Stages |
Requirements |
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The first stage: Entrepreneurship basics Providing participants with the basics of entrepreneurship through training courses and individual support sessions to build a business model and then nominate creative ideas
The second stage: Establishing projects Evaluating the commercial models for products and providing appropriate support to develop them and enable them to launch them in the market professionally
The third stage: Empowerment in the labor market Reviewing performance in the market, resolving the problems facing entrepreneurs, and working on resolving them to build a successful business model suitable for the target market |
The applicant must be of Saudi nationality or hold a valid residency
The applicant must have an existing project or initial product
The applicant must adhere to the program’s terms and. conditions
In the event of non-commitment to the program after acceptance, the name will be excluded from any future programs due to limited seats |
To sign up: click (here)
Artisans Empowerment Portal
The program provides a platform that serves the artisans' community by providing the necessary support and opportunities to develop their skills, enhance their commercial activity, and improve their capabilities and position in the craft business market.
Objectives:
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Registering artisans to enable them to practice traditional arts across various regions of the Kingdom.
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Discovering, empowering, and developing their activity in the market.
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Enhancing artisans’ participation in unique projects.
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Stages of empowerment |
Requirements |
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The first stage: Collection and registration . Artisans are enlisted in the empowerment database
The second stage: Region and Craft Inventory Connecting beneficiaries to the appropriate sales outlets for their products and geographical areas
The third stage: Empowerment and creating business opportunities Inviting beneficiaries to participate in the Institute’s specific events, participations, and unique projects
The fourth stage: Added value Promoting the business in the name of the employer and their store through the institute’s points of sale |
The applicant must be of Saudi nationality or hold a valid residency
The applicant must have an existing project or initial product
The applicant must adhere to the program’s terms and conditions
In the event of non-commitment to the program after acceptance, the name will be excluded from any future programs due to limited seats |
To sign up: click (here)
Traditional Arts Business Accelerator
Wrth: The Royal Institute of Traditional Arts offers the Traditional Arts Business Accelerator Program. The program includes group workshops, individual advisory sessions, developing and marketing products and services, promoting their growth, and attracting investment opportunities.
Objectives:
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Enabling beneficiaries to build and improve their business models through a creative environment following international best practices.
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Develop and market products and services, enhance their growth, and display them on sales platforms.
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Enhancing their participation in local and international events and unique projects.
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Program Stages |
Requirements |
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The first stage: Evaluation Evaluation stage, developing a strategic plan, and providing improvement consultations on designs and production.
The second stage: Marketing Preparing a comprehensive marketing plan and implementing sales strategies, in addition to promoting growth and development to build a vibrant, sustainable market.
The third stage: Operation and financing Implementing operational and manufacturing management, recruiting appropriate human resources, in addition to presenting products to investors to attract investment opportunities. |
The applicant must be of Saudi nationality or hold a valid residency
The applicant must have an existing project or initial product
The applicant must adhere to the program’s terms and. conditions
In the event of non-commitment to the program after acceptance, the name will be excluded from any future programs due to limited seats |