BIAC

BIAC was established in 2017, and it’s a subsidiary of the Saudi Technology Development and Investment Company (TAQNIA), which is fully owned by the Public Investment Fund (PIF). BIAC provides enablers to support both the public and private sectors in creating and developing innovative solutions through extensive expertise in innovation and shared services. The company's aim is to contribute to the growth of companies by employing best practices and modern methodologies.

BIAC's core mission is to enable innovation by building, operating, supporting, and developing an innovation environment, promoting technology transfer, and managing projects across diverse business sectors within Saudi Arabia. As the first licensed company in Saudi Arabia to manage business incubators and accelerators, BIAC plays a vital role in supporting and advancing the innovation movement, fostering local and international partnerships, and providing comprehensive services for both public and private sectors.