{
  "id": 12354600,
  "title": "Prince Musaad University launches second cohort of SPIN sports tech accelerator",
  "url": "https://urgent.news/2026/10/06/prince-musaad-university-launches-second-cohort-of-spin-sports-tech",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-06T10:07:57.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/saudi-arabia/r5ln9x5f6"
  },
  "original_language": "en",
  "account": "The Prince Musaad bin Abdulrahman University in Riyadh has commenced its second cohort of the SPIN sports technology accelerator, inviting entrepreneurs and investors to the launch event. Spearheaded by the Institute of Research and Studies, this acceleration program aims to foster sports tech startups and bolster their growth.\n\nPrince Fahd bin Mansour bin Nasser bin Abdulaziz, Chair of the G20 Startup Group, was among the high-profile attendees at the inauguration, alongside entrepreneurs, investors, experts, and representatives from partner organizations. The SPIN accelerator is a continuation of the previous SIO Sports Technology Accelerator, now operating under the university's expanded identity.\n\nThe launch event showcased the triumphs of the inaugural cohort, which comprised 13 startups, while announcing fresh partnerships and welcoming companies to the second cohort. University President Dr. Mohammed bin Yahya Mirdhi emphasized the university's ongoing commitment to innovation, entrepreneurship, and knowledge application to market demands. He highlighted that the program's design is more robust, focusing on startups that are better equipped for growth, expanding its network of partners, and reinforcing connections among startups, the market, investors, and the sports industry.\n\nThe SPIN accelerator, supported by a distinguished group of partners, including the Ministry of Sports, Ministry of Communications and Information Technology, Small and Medium Enterprises General Authority, Saudi Esports Federation, Ath8, VMS, CVentures, Falak Holding, Blossom Accelerator, and TAM, provides startups with extensive opportunities for market access, investment, and expert guidance. The ten-week program adopts a hybrid format, offering remote participation along with in-person sessions in Riyadh.\n\nThe accelerator targets startups that have progressed beyond the ideation stage and are either developing or testing products in the market, focusing on pre-seed and seed stages. Participation is open to companies from within and outside the Kingdom. SPIN's mission revolves around assisting startups in testing their products with customers, developing viable business models, preparing for investment, and connecting them with experts, investors, and partners in the sports sector. This approach provides practical avenues for growth, relationship-building, and partnerships, contributing to the development of the sports technology sector and fostering innovation and entrepreneurship in the Kingdom.",
  "summary": "Prince Musaad bin Abdulrahman University has launched the second cohort of its SPIN sports technology accelerator in Riyadh, welcoming entrepreneurs and investors.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Ajel English",
        "title": "Alfaisal University honors Prince Bandar bin Saud and Princess Maha bint Mishari for founding contributions",
        "url": "https://urgent.news/2026/10/06/alfaisal-university-honors-prince-bandar-bin-saud-and-princess-maha",
        "published": "2026-10-06T10:03:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}