1. Empowerment of Human Capabilities

SIDF Academy has played a crucial role in training and developing skilled individuals in alignment with Saudi Vision 2030. It offers high-quality education and training programs that cater to the needs of employees within the industrial ecosystem across various fields. The objective is to enhance the capabilities of human resources and provide specialized education of exceptional quality. To date, the SIDF Academy has successfully trained individuals from both the industrial ecosystem and SIDF, including its customers. Among these, participants benefited from the Academy’s programs in finance, business, digitization, innovation, and professional development. Additionally, the Academy’s Nokhab Programs served trainees, and a total of individuals attended seminars on topics related to finance, industry, and the economy.

2. Academy Portal

The SIDF Academy has introduced an online platform that provides a comprehensive view of its operations, staff members, registration processes for training programs, and reports generated by the Academy. This online portal serves as a convenient and centralized source of information for anyone interested in learning about the Academy’s activities and accessing its services

Academy’s online portal offers beneficiaries the opportunity to access and explore a range of services, which include but are not limited to:

• » Accessing the training outline and academic calendar.
• » Enabling electronic registration for programs and seminars.
• » Examining the specifics of training programs, seminars, and the organizations offering such programs.
• » Viewing all policies and documents
• » FAQ.
• » Enabling direct contact with the support team

3. Industrial ecosystem Leaders Development Program (MIM+)

SIDF Academy has created the Industrial Ecosystem Leaders Program with the intention of fostering participative leadership, innovation, and strategic thinking. The program drew the participation of 44 leaders from 13 industrial entities. It spanned across seven stages, both within the Kingdom and abroad, as indicated in the accompanying table

Program Key Objectives:

• » Promoting participative leadership, innovation and strategic thinking.
• » Empowering participants to learn about the latest leadership practices in the industrial sectors.
• » Aligning trends and promoting effective communication among industrial ecosystem leaders.

4. Scientific Research and Case Studies

• » SIDF has endorsed a collaborative research framework between SIDF Academy and both national and international universities in the key domains pertinent to the Kingdom’s industrial sector.
• » SIDF has undertaken case studies on specific topics related to the challenges faced by the industrial sector. These studies have been carried out in a way that benefits the academic community and contributes to the development of benchmarks for local best practices.

The promotion of Scientific Research and Case Studies has yielded the below objectives:

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  Identifying research gaps that have yet to be explored in the local industrial sector.

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  Making a valuable contribution to the industrial ecosystem by conducting research or developing case studies that address the knowledge and data requirements of the industry.

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  Contributing to the improvement of learning outcomes in “Nokhab” programs in line with work requirements, to achieve SIDF’s strategic goals.

5. Agreements and Partnerships with International and Local Entities

In 2022, SIDF Academy entered into partnerships with renowned international and local education and training providers. These collaboration agreements were aimed at enhancing the skills of employees in the industrial ecosystem, spanning both public and private sectors. The chosen universities and institutes possess excellent capabilities in diverse training fields. The primary objective was to foster the growth of the human capital sector within the Kingdom. In total, sixteen agreements were signed in 2022 with the following major organizations:

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  Credit Analysis Program Training Agreement with Fitch Learning Ltd.

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  Market Studies Agreement and Local Content Program Agreement with London Business School.

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  Credit Analyst, Hackathon, Leadership and Business, Leading Creative Transformation in Critical Times agreements with Stanford University.

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  Nokhab Engineers Program with the University of Berkeley.

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  Economic Outlook for Industry and Mining Leaders Agreement with the University of Chicago.

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  Training Agreement for the motivation of digitization and innovation strategy in industrial ecosystem with MIT.

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  Silicon Valley Leadership Program with Silicon Valley.

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  Leaders for the AlUla Journey Program with the Institute of Research and Studies at the Saudi Electronic University.

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  Training Agreement for a series of virtual programs to transfer the actual work experience across v-work Program with MISK.

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  Memorandum of Understanding to provide joint training programs with King Abdullah University of Science and Technology (KAUST).