Riyadh - Sharikat Mubasher: The Saudi Small and Medium Enterprises General Authority (Monsha’at) plays a pivotal role in fostering entrepreneurship and innovation in the Kingdom by providing financing solutions, regulatory reforms, training programs, and access to local and global markets.
During the first quarter (Q1) of 2025, more than 9,840 businesses benefited from Monsha'at SMEs Support Centers, while 9,411 trainees benefited from Monsha’at e-Academy, the authority announced in a recent report.
The 'SME Monitor Quarterly Report Q1 2025' report revealed that 515 SMEs qualified for Monsha’at’s Jadeer services, while 985 beneficiaries utilized the Mazaya platform. Additionally, around 1,434 beneficiaries accessed services through Monsha’at Innovation Centers.
The report also noted that 92 SMEs joined the Tomoh program, while 67 brands were listed on the Franchise Center Platform.
These figures highlight the remarkable growth of Saudi Arabia’s SME sector, driven by Monsha’at’s innovative programs and the Kingdom’s unwavering commitment to advancing entrepreneurship, innovation, and economic diversification under Vision 2030.
