Fellowship
Postdoctoral Startup Fellowship Program
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About
The Postdoctoral Startup Fellowship Program at KFUPM supports PhD graduates with early-stage hard-tech startups by providing financial resources, access to research infrastructure, and opportunities for collaboration within a vibrant innovation ecosystem.
Benefits
- π°USD 48,000 annual salary β financial support for living expenses
- π΅USD 32,000 in milestone-based startup equity funding β funding disbursed according to startup progress
- π Housing allowance equivalent to 3 monthsβ salary β additional financial support for housing
- π₯Campus medical services β access to health services on campus
- πOpportunity for follow-on investment β potential for further funding after the fellowship
- ποΈ Access to specialized infrastructure β utilization of advanced research facilities
Eligibility Criteria
- Completed a PhD in science, engineering or business within the last three years
- Existing early stage hard-tech startup or actively developing a new venture
- Excellent academic and research record
Participation Commitments
- 24 months program duration β typical duration with possible extension up to 48 months
- Manage time equally between research center and DTVβs venture builder β balanced commitment to both research and startup
- Collaborate with other KFUPM researchers β encouraged collaboration to support venture development
Target Region
Saudi Arabia
Target Sector
Hard-tech startups and innovation
King Fahd University of Petroleum & Minerals