stc hosts press conference for inspireU Intake 12 activities in collaboration with key partners

Al Bawaba

06-05-2025

Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, held a press conference to mark the launch of the activities of the 12th intake and 3rd batch of the inspireU startup accelerator in Kuwait. The event brough together key partners collaborating in this intake which include Faith Capital, KIB Mubader Center, Zad Fintech, Al Hamra Mall and Tower, and Rasameel. Each partner will play an essential role in supporting and guiding participants in the program throughout their entrepreneurial journey as part of the inspire intake 12 incubator.The press conference witnessed the presence of senior representatives from the collaborating entities, who hold extensive experience and industry insights when it comes to entrepreneurial growth and the startup ecosystem. Ahmed Al Nowaibet, Director of Public Relations and Social Media at stc, represented stc at the press conference, where he emphasized the strategic role that the partners will play in the program. Following the official announcement during the press conference, the partners will contribute their expertise and insights to assist startups within the incubator to reach new heights in innovation and growth.Commenting on the press conference, Al Nowaibet said, 'At stc, we believe that enabling innovation is more than a business objective, it is a responsibility that supports the long-term growth and diversification of Kuwait's economy. Through the inspireU incubator, we aim to empower ambitious entrepreneurs by offering them access to a comprehensive support ecosystem that includes training, funding, and strategic exposure. The partnerships announced during the press conference align with our commitment to creating opportunities that allow startups to grow and scale their operations sustainably.'He added, 'The inspireU program continues to evolve with every new intake, introducing new partners to assist participants in their unique journeys. Having said that, we are confident that this year's participants will gain valuable insights and mentorship to guide their projects from concept to market. This initiative is a reflection of stc's strategic direction to act as a key enabler of digital transformation, while supporting Kuwait's Vision 2035 and advancing the role of youth-led innovation within our society.'Initially launched by stc Group and adopted by stc Kuwait, inspireU has become an essential component of the Company's CSR and sustainability strategy. Now in its 12th intake, the program provides participants with access to professional training, legal and commercial advisory, workspaces in both Kuwait and Saudi Arabia, and financial support.
In addition to local resources, startups also benefit from international networking opportunities through global tech events such as MWC, LEAP, and Silicon Valley summits. Past graduates of inspireU have gone on to secure investment, expand their offerings, and play influential roles in the market.