Social Development Bank channels SAR 3.1 bn into Saudi startups in 2025

user icon
GHADA.ISMAIL
calender icon
Dec 30, 2025
article image

Riyadh – Sharikat Mubasher: Social Development Bank (SDB) announced its 2025 results during its fourth-quarter board meeting, chaired by Ahmed bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development and Chairman of the Bank’s Board.

During the year, the bank provided SAR 3.1 billion in financing to entrepreneurs and owners of small and emerging enterprises, benefiting 8,000 startups and SMEs.

In parallel, SAR 2.8 billion was directed toward freelancers and productive families, reaching 65,000 beneficiaries, while SAR 2 billion in social financing supported 35,000 recipients.

In addition to direct financing, SDB expanded its non-financial support programs, with approximately 61,000 beneficiaries accessing enablement and development services aimed at improving business readiness, sustainability, and growth.

The bank continued to scale its flagship entrepreneurial community, Jada30, which now operates 13 branches across Saudi Arabia and hosts more than 4,300 businesses, including 1,300 added during 2025.

SDB also increased funding dedicated to high-growth sectors, with financing portfolios for information technology, gaming, and esports reaching SAR 1.3 billion. These sectors are viewed as key drivers of innovation, job creation, and economic diversification under Vision 2030.

SDB also maintained an active presence in entrepreneurship-focused events, including DeveGo 2025, which brought together founders, investors, and experts to support startup growth and modern work models.


Share

Related News

BMB Group plans to expand into Saudi Arabia, Egypt in 2026
News
Calendar Icon
February 11, 2026
BMB Group plans to expand into Saudi Arabia, Egypt in 2026
Read More
Siemens opens new office in Saudi Arabia to accelerate digital transformation
News
Calendar Icon
February 3, 2026
Siemens opens new office in Saudi Arabia to accelerate digital transformation
Read More
Qatar expands QIA Fund of Funds Program to $3bn
News
Calendar Icon
February 2, 2026
Qatar expands QIA Fund of Funds Program to $3bn
Read More
Farnaud: European investments in Saudi Arabia set to multiply within 5 years
News
Calendar Icon
January 25, 2026
Farnaud: European investments in Saudi Arabia set to multiply within 5 years
Read More
Deloitte expands its Cloud Center of Excellence in Saudi Arabia
News
Calendar Icon
January 22, 2026
Deloitte expands its Cloud Center of Excellence in Saudi Arabia
Read More
OpenCX secures $7mn, gears up to expand in Saudi Arabia
News
Calendar Icon
January 21, 2026
OpenCX secures $7mn, gears up to expand in Saudi Arabia
Read More
India’s Tata Consultancy establishes new subsidiary in Riyadh
News
Calendar Icon
January 20, 2026
India’s Tata Consultancy establishes new subsidiary in Riyadh
Read More
Mott MacDonald opens new office in Riyadh to strengthen operations
News
Calendar Icon
January 18, 2026
Mott MacDonald opens new office in Riyadh to strengthen operations
Read More
PIF consolidates $12bn gaming stakes under Savvy Games Group
News
Calendar Icon
January 14, 2026
PIF consolidates $12bn gaming stakes under Savvy Games Group
Read More
Canada’s OpenText opens new office in Riyadh
News
Calendar Icon
January 14, 2026
Canada’s OpenText opens new office in Riyadh
Read More