The Small and Medium Enterprises General Authority (Monsha'at) has announced that the upcoming Biban24 Forum will witness a series of significant developments, including the signing of international agreements and the launch of billion-dollar initiatives aimed at bolstering the small and medium enterprise (SME) sector and fostering the growth and sustainability of entrepreneurial ventures.
The forum, organized by Monsha'at from November 5 to 9, will feature agreements and launches spanning several key sectors entailing technology, tourism, entertainment, and culture. Attendees, including entrepreneurs and emerging company owners, will have the opportunity to explore investment opportunities and connect with investment firms and angel investors.
Monsha'at emphasized that these agreements and initiatives are designed to support emerging companies and entrepreneurs, attract foreign investment, and solidify Saudi Arabia's position as a global hub for entrepreneurial opportunities. The forum will also showcase a range of innovative financing portfolios aimed at facilitating access to capital for SMEs.
Biban24 is expected to contribute to the growth and competitiveness of entrepreneurial projects. By stimulating the culture of entrepreneurship and supporting ambitious entrepreneurs, the forum aims to increase the rate of new company formation and foster a culture of innovation. Ultimately, Biban24 seeks to have a positive impact on both the local and international economy.