Hawafiz Nama supports small firms with 500,000 Riyals
The Cultural Fund announced the launch of "AI Incentives for Cultural Projects," as part of the "Namaa Incentives" program, aimed at supporting small and medium-sized enterprises in the cultural sector to adopt and develop artificial intelligence technologies. The program offers financial incentives of up to 500,000 SAR for each eligible project and targets six areas, including creativity, heritage, content, cultural participation, project management, and intellectual property. This support aligns with the Year of Artificial Intelligence 2026 and seeks to promote economic growth within the cultural sector, ensure project sustainability, and increase its contribution to the national GDP to 3% by 2030. Applications are open until September 29, 2026, for projects at various stages, with the goal of fostering innovation and realizing Saudi Arabia's ambition to transform culture into a digitally advanced and economically significant sector.
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