In implementation of the desired goals of the community service and environmental development sector strategy to lay down the outlines for the investment of the scientific, innovative and administrative capabilities and expertise available at the university that reflect the possibility of achieving the vision and goals set for the university, which realized that its strength lies in the scientific and intellectual capacity of its youth and in turn will lead to the formulation of optimal investment for innovators and the promotion of innovation In cooperation with relevant and international authorities and companies with the aim of linking the university with industry and investing in companies emerging in industries or markets

The role of the committee:

Consistent with the plans of the National Strategy for Science, Technology and Innovation 2030, the orientation to transfer ideas, innovations and research outputs to emerging technology companies has become the main catalyst for which nations seek to raise the level of scientific capabilities and achieve optimal investment of available resources and competition with their products in global and regional markets.

General objectives of the committee

• Promoting innovation, technology development, transfer and marketing in cooperation between local and international stakeholders, in order to support the knowledge-based economy and to access home-made products.
• Enhancing the utilization of the university's current resources to establish technology incubators in cooperation with industrial entities.
• Study the applications submitted by the university to establish valleys, technological incubators and companies, and make sure that they are used to achieve the university's vision

Pillars:

• The National Strategy for Science, Technology and Innovation 2030
• Law No. 1 of 2019 establishing the Innovators and Innovators Care Fund
• Science, Technology and Innovation Incentives Law No. 23 of 2018 and its implementing regulations.
• The guidelines for establishing technology incubators within the framework of the National Program for Technology Incubators (INTALAQ) issued in January 2020.

The valleys of Science and technology

Areas where technology incubators and companies have emerged, aiming to promote innovation, technology development, transfer, and marketing in cooperation between local and international stakeholders, in order to support the knowledge-based economy, and to access home-made products, referred to in this bylaw as medicines.

Technological incubators

Laboratories and entities supporting scientific research and innovation that are established for the purpose of providing business services and technical and scientific facilities for scientific research projects, support mechanisms and technical consultations for innovators and emerging companies through the outputs of scientific research, in order to reach prototypes that can be manufactured.