New incubator to develop innovative transport solutions

RIYADH: The Ministry of Transport and Logistic Services and the University of Jeddah have launched “The Container” incubator to support startups and innovative ventures and develop technological, operational and service solutions to improve service quality and foster innovation in the transport and logistics sector.

The initiative was launched in collaboration with the National Industrial Development and Logistics Program, the Social Development Bank, Jada 30, The Shop Floor, MODON Oasis, and Future Valley Co.

The incubator targets students at Saudi universities, innovators in the transport and logistics sector, entrepreneurs and university graduates.

It offers incubation and acceleration services, specialized mentoring, prototype and product development, access to testing and application environments, training, investment support and intellectual property protection.