Before you start, you should familiarize yourself with the terms and conditions.
Please bear in mind that all applications will be assessed on a number of factors including but not limited to: Impact on Kingdom’s GDP and job creation, the idea’s level of innovation, and the size of targeted audience in the Kingdom.
Your submission will be reviewed, assessed and scored by selected expert from Taleed, where the submitted information will be kept confidential.
The application pass through 2 assessment stages, initial and full assessments. Once it passes the initial assessment stage, you will be notified to submit more detailed requirement to proceed to the next stage.
You must answer all questions.
How would you like us to refer to your idea?
Please select one of the main industry domains that is related to your idea
Identify the industry/sector and sub sector/vertical so it’s easy for us to categorize and allocate an expert.
If you believe your idea can benefit Aramco, then please elaborate on the details and how?
Explain in detail and upload any supporting documents that maps out the problem you are trying to solve through your idea.
Brief summary of your idea (200 words max).
Describe your business model (how it will make money), also indicate which channels will be used to access the market and whether your idea is B2B or B2C focused. Attached any business and operating model documents if you have.
Validated market data that supports your idea and claims are good to mention here. This allow us to understand how big is the addressable market and what impact your idea can have if it introduced in the Kingdom.
Describe the factors that differentiate this idea from competition and list your top 3 competitors for this idea in the Kingdom.
Looking at your business model, mention names of potential customers from your target audience and customer base.
Market maturity allow us to know where your idea belong in the lifecycle. Adding any market data, success stories to support your selection in additional notes section is highly recommended.
Please indicate where you perceive your idea currently fits in the following Any relevant data to back this up or financial traction then please highlight in open text field.
Has your idea been piloted before? Please provide details of previous field trials or pilots undertaken for your idea.
If you are in the process of raising funds, please highlight the stage you are at e.g. Seed, Series A etc. the $$ value along with method of sourcing these funds e.g. Venture Capital, Government programs and so on.
Tell us more about the team, for completeness, we would like to understand some background to the organization or entrepreneur. Please provide details on ownership, shareholders, organization structure, entrepreneur experience. Key team members, their roles, skills and experience are important.
It is a requirement for idea owner to establish a presence within the KSA. Please confirm if you have any previous projects, entities or operations within the KSA and your willingness to establish a presence if successful in your application.
