Review on KAUST Innovation Fund by Regina M_va
KAUST- as innovation fund
KAUST stands for King Abdullah University of Science and Technology is a university town located in the Kingdom of Saudi Arabia.
This is a fairly new innovative background that opened about three years ago. At the moment, the volume of investments in it has reached, just imagine this amount, about 20 billion US dollars.
The aim of the KAUST Innovation Fund is to develop the community and invest in innovation and technology, and
is also engaged in attracting international investors and venture capitalists to the emerging technology ecosystem of Saudi Arabia.
Since KAUST is an institute of technology, they naturally focus on applied research.
Pros
- develops the community and invest in innovation and technology
- engaged in attracting international investors and venture capitalists
- A lot of departments
Cons
- None
