It is a flexible and stimulating environment that enables companies to submit their innovative products, foster innovation and encourage the introduction of new products and services into the Saudi markets, and explore the relevant regulations.
Service Steps
FAQs
Creating a flexible environment that allows the launch of innovative business models, solutions, or services. Supporting entrepreneurs and innovators in the field of emerging technologies. Developing the emerging technologies industry and enhancing the inclusiveness of products available in the market. Understanding the regulatory challenges faced by service providers. Accelerating the entry of service providers into the local market.
The regulatory sandbox for emerging technologies targets both local and foreign companies operating in the field of emerging technologies.
Terms and Condition
The business model, solution, or service is based on emerging technologies.
It provides benefits to the end user.
A clear plan is in place for engaging and testing the business model, solution, or service.
There is a possibility of launching the product commercially.
There are regulatory challenges that may impact the business model, solution, or service.