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Riyadh Techstars Accelerator Program To Continue In 2023

The startup funding initiative will work with entrepreneurs to grow and scale MENA companies.

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riyadh techstars accelerator program to continue in 2023

After wrapping up the inaugural round of The Riyadh Techstars Accelerator in 2022 with investments in 11 portfolio businesses, the program’s organizers have confirmed the continuation of the initiative for 2023.

The Saudi Arabian Ministry of Communications and Information Technology, Saudi National Bank, and RAED Ventures will come together for the pre-seed investor round, comprising a 13-week program that will run from June through to September 2023.

According to a recent press release, 2023’s Riyadh Techstars Accelerator will work with entrepreneurs to establish and expand innovative companies in the MENA region while developing a comprehensive entrepreneurial ecosystem. Saudi Arabia’s IT sector — currently worth over $40 billion and supporting over 318,000 jobs — is quickly becoming a leading global force.

“The nation is also making significant strides in enabling diversity in the workforce, with more women employed in the ICT industry. Agility and resilience, powered by talent and technology, have enabled Saudi Arabia to reach new heights,” says Abdullah Alswaha, Minister of Communications and Information Technology.

Also Read: How To Find The Best Remote Work Opportunities In The Middle East

Startups from across the Middle East and Saudi-based entrepreneurs can now submit their applications to the 2023 Riyadh Techstars Accelerator. This year’s event promises a packed schedule of fundraising opportunities, workshops, mentorship, and networking.

“I am enthusiastic about the growth of the Saudi Arabian and broader Middle East startup ecosystem. Between the Kingdom’s investment in entrepreneurship and its central location, Riyadh can attract global startup talent for the entire region. Part of what we do at Techstars is to help founders connect their innovation with the rest of the world,” says Maëlle Gavet, CEO of Techstars.

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Apple Announces New iPad Pro With M4 Chip And Updated iPad Air

“This is the biggest day for iPad since its introduction,” said CEO Tim Cook in a video posted to Apple’s website.

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apple announces a new ipad pro with m4 chip and updated ipad air
Apple

Apple’s latest updates to its popular iPad Air and Pro models were announced on Tuesday, May 7. These are the first changes since 2022, the longest stretch between new models since the iconic device was revealed in 2011.

Both the 11-inch and 12.9-inch versions of the iPad Pro have received a huge design overhaul. The most noteworthy change is the move to OLED screens, with the 12.9-inch version receiving a small bump in size to 13 inches. Apple claims the new tablets are brighter and more vibrant than outgoing models, thanks to a technology it calls “tandem OLED” or “Ultra Retina XDR”.

The 13-inch model now measures an astonishing 5.1 mm in thickness, which Apple says is its slimmest device ever. (The 11-inch version is 5.3 mm thick.) For those who prefer the look of a matte display, a nano-texture coating will also be available for the first time on the Pro models.

Finally, the new iPad Pros have received a processor bump to the latest M4 chip, which Apple says is an “outrageously powerful chip for AI”, offering an example of its ability to quickly and efficiently isolate subjects from backgrounds in videos.

The iPad Pro 11-inch starts at $999, and the larger 13-inch version starts at $1,299 with 256GB of storage.

Updated iPad Air In Two Sizes

The sixth-generation iPad Air didn’t receive as many upgrades as the iPad Pro but significantly does now come in two sizes. As with the Pro models, buyers now have the choice between an 11-inch and 13-inch screen, meaning they don’t need to invest in a Pro version just to get a 30% bump in display size.

Apple kept the same design for the iPad Air that it first revealed in 2020, complete with a USB-C port and Touch ID in the top button. The only difference is the front camera placement, which has been moved to the center of the iPad when in landscape orientation.

The 11-inch iPad Air is priced at $599 for the entry-level model, while the 13-inch version starts at $799.

Also Read: How To Clean Your Apple Watch Like A Pro

New Magic Keyboard Case

Apple also announced an updated (thinner, lighter) Magic Keyboard for its Pro iPads. The refreshed version now includes a function row (with controls for screen brightness). An aluminum palm rest and large trackpad with haptic feedback also help the premium case feel more like a Macbook.

The new Magic Keyboard is available for both the 11-inch and 13-inch iPad Pros and will be priced at $299 or $349, respectively.

Apple Pencil Pro

Apple also announced a new Apple Pencil, named Pro, at its event. The new model looks exactly the same but adds a “squeeze” function that opens a new tool palette. Meanwhile, a built-in gyroscope sensor lets you alter the orientation of the tools you’re using as you twist the device, offering finer control. Finally, the new pencil gets support for Apple’s Find My network, which should keep minds at rest at the prospect of losing the $129 device.

Finally, to round off Apple’s series of announcements, the entry-level iPad was reduced to $349 — a $100 price cut.

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