Under the generous patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, the the World Entrepreneurship Conference achieved unparalleled success, as the conference days saw broad international participation through a number of investment opportunities, resulting in the signing of dozens of agreements and launches worth more than 51 billion riyals, which bolstered Saudi entrepreneurship as it strides steadily toward the global stage.

Day One

33 Agreements Worth 16 Billion Riyals

The first day of the Global Entrepreneurship Congress saw the signing of 33 agreements and the launch of a number of investment initiatives worth over 16 billion riyals, with the aim of supporting entrepreneurship across various sectors, and to strengthen the Kingdom’s position as an attractive environment for entrepreneurs, innovators, and creatives in the Middle East and North Africa region.

Day Two

21 agreements worth 28.9 billion riyals

On the second day of the conference, 21 agreements were signed with a total value of 28.9 billion riyals ($7.71 billion), aimed at supporting entrepreneurs and innovators across various fields.

Day Three

6 billion riyals to support the entrepreneurial sector

The conclusion of the third day of the Global Entrepreneurship Congress saw the signing and launch of numerous programs, initiatives, and projects with a total value exceeding 6 billion riyals, to support the entrepreneurial sector and provide more financing solutions for small and medium-sized enterprises.

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12 billion riyals: Budget of "Monshaat" Bank

On the sidelines of the conference, the Small and Medium Enterprises Bank announced an approved budget of 12 billion riyals ($3.2 billion) to finance the small and medium-sized enterprise sector.

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Amazon Empowers Entrepreneurs with Its Products

"Monsha’at" has signed a memorandum of understanding with Amazon to enable local companies to sell their products to millions of customers across the Kingdom on Amazon Saudi Arabia, As part of the MoU, Amazon will support small and medium-sized enterprises with the logistics capabilities, tools, and programs Amazon offers to sellers.

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Multiple cooperation agreements with the "Kafala" program

The "Kafala" program for financing small and medium-sized enterprises has signed a series of agreements, including: A cooperation agreement with the Ministry of Industry and Mineral Resources, the Ministry of Municipal, Rural Affairs and Housing, the Ministry of Sports, the Cultural Development Fund, the Tourism Development Fund, the National Industries Development Program “Nadlab,” King Saud University, Al-Jouf University, and Rakan Al-Amal for business incubators and accelerators.

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Tamouh Program Targets 35 Saudi Entrepreneurs

The Tamouh Program launched its fourth cohort of Impact Mentoring in collaboration with Endeavor Saudi Arabia, to support fast-growing startups by facilitating access to top mentors in local and global networks and connecting them with Endeavor offices in regional and global markets. The program aims to support more than 26 high-growth startups represented by 35 Saudi entrepreneurs, creating a total of over 400,000 direct and indirect jobs.

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Global Entrepreneurship Conference

Organizer: General Authority for Small and Medium Enterprises "Monsha’at".

Partner: Global Entrepreneurship Network.

Under the slogan: "We Restore—We Innovate—We Renew".
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