Sahat Venture Studio Market Research Report
Background
Company Overview
Sahat Venture Studio is a Saudi-based social startup studio dedicated to fostering innovation and entrepreneurship that aligns with the Kingdom's Vision 2030. The studio specializes in establishing, supporting, and investing in social startups, aiming to bridge the investment gap in social enterprises by combining social impact with profitability. Sahat's mission is to empower these companies to develop sustainable business models that contribute to national economic growth.
Mission and Vision
Sahat's mission is to help social enterprises integrate social impact with profitability, empowering them to develop sustainable business models. The studio envisions contributing to the achievement of societal and developmental targets outlined in Vision 2030 by launching developmental social initiatives.
Industry Significance
As a specialized studio in establishing, supporting, and investing in social startups, Sahat plays a crucial role in fostering social entrepreneurship within Saudi Arabia. By focusing on social impact and profitability, Sahat contributes to the diversification and growth of the national economy, aligning with the objectives of Vision 2030.
Key Strategic Focus
Core Objectives
- Social Impact Integration: Facilitate the development of startups that effectively combine social impact with profitability.
- Sustainable Business Models: Empower social enterprises to create and implement sustainable business models.
- Economic Contribution: Contribute to the national economic growth by fostering innovative social startups.
Areas of Specialization
- Social Entrepreneurship: Focus on nurturing startups that address social challenges through innovative solutions.
- Startup Incubation: Provide comprehensive support to early-stage social startups, including mentorship, resources, and funding.
Key Technologies Utilized
While specific technologies are not detailed, Sahat employs modern methodologies and scientific models to promote sustainable social investment and contribute to national economic growth.
Primary Markets Targeted
Sahat primarily targets social enterprises within Saudi Arabia, aiming to align with the goals of Saudi Vision 2030.
Financials and Funding
Funding History
Specific details regarding Sahat's funding history, total funds raised, recent funding rounds, and notable investors are not publicly disclosed.
Utilization of Capital
The capital raised is utilized to support the establishment, development, and scaling of social startups, providing them with the necessary resources, mentorship, and funding to succeed in the market.
Pipeline Development
Key Pipeline Candidates
Sahat focuses on identifying and nurturing promising social startups that address community needs and have market acceptance. The studio employs a structured methodology to select and develop these startups, ensuring they are equipped to achieve their social and investment goals.
Stages of Development
- Selection: Identifying startups that align with Sahat's mission and objectives.
- Needs Assessment: Conducting a deep study phase to identify the startups' requirements, including resources, expertise, and consultations.
- Development: Addressing the identified needs, overcoming obstacles, and improving products to fit the target market.
- Graduation: Preparing startups to embark on their journey to achieve social and investment goals.
Target Conditions
Sahat targets social startups that aim to make a meaningful impact in the community and contribute to the national economic growth.
Timelines for Milestones
The development and graduation preparation phase typically spans 12-18 months, after which startups are prepared for market entry and scaling.
Technological Platform and Innovation
Proprietary Technologies
While specific proprietary technologies are not detailed, Sahat employs modern methodologies and scientific models to promote sustainable social investment and contribute to national economic growth.
Significant Scientific Methods
Sahat adopts effective steps to select promising social startups, including clear and precise criteria for selection, deep study phases for needs assessment, and structured development processes to ensure startups are equipped to achieve their social and investment goals.
Leadership Team
Key Executives
- Fahad Al-Ghamdi: Founder with over 22 years of experience in the media field, contributing to numerous projects and startups.
- Fayez Mohammed: Founder with over 17 years of experience across government, non-profit, and various sectors, having founded and managed multiple projects and companies.
- Dr. Mahmoud Zuair: Founder with over 22 years of experience in Islamic economics, banking, asset management, and insurance, contributing to the development of various financial products.
- Anas Shareefi: Chief Executive Officer with over 8 years of experience in venture capital and project management, contributing to the founding and launching of several associations and startups in the field of social investment.
- Suhaib Abdul-Basit: Chief Business Development Officer with over 12 years of experience in marketing, sales, and business development, holding an MBA in Business Administration.
- Salma Raafat: Program Manager with over 10 years of experience in project management and supporting startups, holding an MBA in Business Administration.
- Muhammad Halim: Innovation and Strategy Consultant with over 12 years of experience in business design and strategy, specializing in business model innovation and strategic design.
- Dr. Ahmed Al-Najjar: Financial Advisor with over 22 years of experience in economics and banking, having worked with several ministries and agencies worldwide.
- Ahmed Abdulaziz: Operations Consultant with over 17 years of experience in operations and project management, holding a PMP certification.
- Ali Al-Farhan: Innovation Consultant with over 10 years of experience in initiative and project innovation, holding an MBA in Business Administration.
Competitor Profile
Market Insights and Dynamics
The venture studio landscape in Saudi Arabia is growing, with several entities dedicated to fostering innovation and entrepreneurship. Sahat competes with other venture studios such as ASFA Ventures, BIM Ventures, and Embark Saudi, among others.
Competitor Analysis
- ASFA Ventures: Led by Mansour Al-Shuaibi, focusing on supporting and investing in early-stage startups.
- BIM Ventures: Led by Mohamed Amine Merah, specializing in building and scaling innovative startups.
- Embark Saudi: Led by Talal AlBakr, focusing on nurturing and developing high-potential startups.
Strategic Collaborations and Partnerships
Sahat collaborates with various institutions, entities, and networks to provide essential opportunities and exposure for the growth of its startups.
Operational Insights
Sahat differentiates itself by focusing on social impact and profitability, aligning with the goals of Saudi Vision 2030. The studio's comprehensive support, including selection, needs assessment, development, and graduation phases, ensures startups are well-prepared for market entry and scaling.
Strategic Opportunities and Future Directions
Sahat's strategic roadmap includes expanding its portfolio of social startups, enhancing its support infrastructure, and strengthening collaborations with key stakeholders to foster innovation and contribute to the national economic growth.
Contact Information
Official Website
Sahat Venture Studio
Social Media Profiles
- Twitter: @sahatventures
- LinkedIn: Sahat Venture Studio