Future Factories Initiative – Reward & Incentives for digital transformation

It aims to support Small and Medium size industrial companies to achieve the highest efficiencies by providing incentives and rewards to the factories whom implemented industry 4.0 initiatives and uplift their overall SIRI score.

To contributes in increasing the competitiveness of the Saudi industrial sector by providing incentives and rewards that enable factories to achieve automation and operational excellence.

Small and Medium size industrial companies in all industrial sectors within MODON

Financial reward and incentives up to 100,000 SAR per factory who scored a high level in SIRI

Final expected outputs from the program:

• Evaluate the maturity level and readiness for implementing I4.0 using SIRI
•  Increase the competitiveness in industries sectors
•  Provide reward and incentives for digital transformation

• It should have an operating license from MODON.
• Should utilize and implement the suggested initiatives from the National Productivity Program (NPP) or any other digital initiatives.
• Should have an overall 2 or above out of 5 in SIRI index.
• The status of the partner should be (productive).
• Site visit by MODON representatives to evaluate the partner and production lines.
• The partner shouldn’t have any financial obligations to MODON.

• أن يكون حاصل على رخصة تشغيل سارية من مدن
• الاستفادة وتطبيق الحلول المقترحة من برنامج الإنتاجية الوطني
• أن يكون حاصل على تقييم 2 أو أعلى من 5 في مؤشر سيري (SIRI)
• أن تكون الحالة الإنتاجية للشريك (منتج)
• زيارة ميدانية من قبل ممثلي الهيئة لتقييم الشريك وخطوط الإنتاج
• ألا يكون على الشريك مديونيات أو التزامات مالية لـ"مدن"