It is a flexible and stimulating environment that enables companies to submit their innovative products, foster innovation and encourage the introduction of new products and services into the Saudi markets, and explore the relevant regulations.
Service Level AgreementIt is a flexible and stimulating environment that enables companies to submit their innovative products, foster innovation and encourage the introduction of new products and services into the Saudi markets, and explore the relevant regulations.
1. Log in to Business Portal through the national unified access service (Nafath)
2. Select Emerging Technologies Regulatory Sandbox Registration from the services list
3. Click on “Start Service” option
4. Fill out the Request Form
5. Share your feedback about the service (Optional)
Creating a flexible environment that allows the launch of innovative business models, solutions, or services.
Supporting entrepreneurs and innovators in the field of emerging technologies.
Developing the emerging technologies industry and enhancing the inclusiveness of products available in the market.
Understanding the regulatory challenges faced by service providers.
Accelerating the entry of service providers into the local market.
The regulatory sandbox for emerging technologies targets both local and foreign companies operating in the field of emerging technologies.
- A valid commercial registration
- A summary of the business plan
- The testing plan, including key performance indicators, user protection standards, and an exit strategy from the regulatory sandbox environment.
- The business model, solution, or service is based on emerging technologies.
- It provides benefits to the end user.
- A clear plan is in place for engaging and testing the business model, solution, or service.
- There is a possibility of launching the product commercially.
- There are regulatory challenges that may impact the business model, solution, or service.