(MENAFN) The establishment of a space entrepreneurship alliance by Saudi Arabia is intended to promote the sector's growth and sustainability as well as lay a firm basis.
The Communications, Space & Technology Commission, generally known as CST, made the news when the organization took part in the seventh iteration of The Garage Disrupt.
Frank Salzgeber, the deputy governor of CST's space department, outlined how the collaboration is going to foster an entrepreneurial environment in the industry.
He also mentioned that “it will be a platform to gather stakeholders to support Saudi entrepreneurs in innovation, as the Garage is the first to join this alliance.”
Salzgeber declared that through granting access to resources and services like shared workspaces and technical labs, the alliance hopes to establish a solid basis for innovation and business owners in the Saudi space industry.
The association is going to help promote entrepreneurial efforts including hackathons, workshops, and accelerator programs as well as link entrepreneurs with investors and industry professionals.
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