Falak is licensed from Monshaat for acceleration programs and services. Falak successfully executed the first investment-backed acceleration program in KSA helping startups to accelerate their journey by achieving in 4 months what they would otherwise do in 12 to 18 months through hands-on support, direct funding, practical workshops, on-ground training, access to network, mentorship, operational support and discounted services through Falak’s Partners.
Falak is one of the first angel-backed accredited Saudi accelerator programs in the history of Saudi Arabia, we aim to compete on a global standard with a localized competitive edge to take up to 10 growth startups on an accelerated 16-week journey (rigorous selection process with less than 2% acceptance rate).
Investing in early-stage startups in diversified industries according to market timing and according to Falak’s acceptance criteria of high-growth potential companies.
* Acceptance to the investment opportunity is solely at Falak’s discretion