نظرة عامة على البرنامج

Introduction to the Islamic University of Madinah Accelerator Program

The Islamic University of Madinah (IUM) has initiated efforts to promote entrepreneurship through its strategic plan, specifically the Islamic University of Madinah Accelerator Program (IUMAP). This program is designed to develop the entrepreneurial ecosystem and support startups.

Program Overview

The IUMAP is a key component of the IUM's efforts to expand its role from teaching Islamic science to being an entrepreneurial university. The program aims to provide a supportive environment for entrepreneurs to develop their projects and turn them into successful businesses.

Research Methodology

A qualitative case study was conducted to examine the experiences and track record of the IUM accelerator program's participants. Semi-structured interviews and document analysis were the primary data collection tools. Ten entrepreneurs and four administrators of the accelerator were interviewed, and a thematic analysis of both the interviews and the document was conducted.

Program Outcomes

The main findings of the study indicate that the IUM's focus on expanding its role to being an entrepreneurial university has led to the launch of initiatives that develop the entrepreneurial ecosystem. Consequently, 50% of the projects of the IUMAP were able to continue.

Proposed Framework for a University Business Accelerator

This study contributes to developing a proposed framework for a university business accelerator with four components:

• Participants
• Services
• Essentials for success
• Impact The impact component includes business model improvements, awards, marketing projects, community engagement, and the promotion of entrepreneurship.

University Details

The Islamic University of Madinah is located in Saudi Arabia, and the study was conducted in collaboration with King Khalid University. The program is part of the IUM's strategic plan to promote entrepreneurship and develop the entrepreneurial ecosystem.