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Riyadh Biocentral Foundation
About Riyadh Biocentral Foundation
A non-profit organization dedicated to enabling research and innovation in the field of biotechnology. Its goal is to develop applicable solutions for the most prominent challenges facing humanity in health, food security, and industry, contributing to building a healthier and more sustainable future.
The organization is committed to leading a new era of innovation in biotechnology, and to building a knowledge-based national economy. It does this by establishing an integrated ecosystem that enables the transformation of advanced research into high-value products, fully aligned with Saudi Vision 2030 and the National Biotechnology Strategy.
It also plays a crucial role in leading biotechnology efforts at both the local and international levels, strengthening collaboration among entities and institutions in this vital sector.
Board of Directors
The Board of Directors of the Riyadh Biocentral Foundation was formed under the chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud with the appointment of the CEO of the Royal Commission for Riyadh City, His Excellency Eng. Ibrahim bin Mohammed Al-Sultan , as Vice Chairman and Secretary-General, and board membership of:
Objectives
Promote Riyadh’s economy, providing high-quality jobs, and developing the knowledge economy
Create an ecosystem to translate research into products with economic returns
Respond to the national priorities and the Kingdom’s most pressing needs
Build long-term capabilities and position Riyadh as a leader of biotech innovation
Create a successful network of biotech institutes fostering collaboration
Focus Areas
Riyadh Biocentral Foundation will support the research and development in 3 main areas:
Added Value
Strong support from visionary leaders translated into the launch of the National Biotech Strategy that is in line with Vision 2030 aspirations
Become part of a collaborative network of partnering Biotech hubs, research centers, incubators, and Biotech companies.
Riyadh Biocentral Foundation integrates a comprehensive industrial, agricultural, & medical biotechnology sectors within a globally distinctive model, designed to foster cross-sector innovation and position the cluster at the forefront of applied biotechnology.
Leverage Riyadh’s strategic position to access GCC and MENA markets which have a combined population exceeding 350 Million and create halal-compliant products.
Riyadh city is experiencing significant growth and investment opportunities, leveraging its mega national-level projects, advanced infrastructure, ease of doing business regulations, a young pool of educated talents, high digital connectivity, healthcare facilities, research centers, and exclusive quality of life.
Expected Impact
The Kingdom to become a global hub for biotechnology
Attracting international and local companies promoting local innovation and supporting intellectual property in biotechnology
Creating high-quality jobs and attracting global talent
Increasing the biotech contribution in the national GDP and enhancing the knowledge economy
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