Monsha’at Organizes Funding Week in Partnership with Saudi Banks to Boost the SME Expansion

Thursday 28 September 2023
event

The Funding Week, organized by Monsha’at in partnership with Saudi banks, is set to commence tomorrow. Several government entities, relevant sectors involved in financing solutions, as well as investment funds, are collaborating in this initiative. The purpose of this week is to showcase the most prominent initiatives and financing programs that support entrepreneurs and enhance the growth of their businesses in the market. The events of Funding Week aim to raise awareness and develop the capabilities of SMEs by introducing various financing solutions and their fundamental requirements. Additionally, informative and developmental programs will be implemented to assist entrepreneurs in enhancing the sustainability of their projects and obtaining suitable support and financing. This fosters an environment that enables thriving opportunities for all SMEs. The Funding Week will host a group of prominent experts in the field of SME financing. Among them is Abdulrahman bin Mansour, the Acting CEO of the Small and Medium Enterprises Bank, who will present a session to introduce the bank's products and address beneficiary inquiries. In addition, several Saudi banks will be featured to highlight their key financing products tailored for entrepreneurs and owners of SMEs. During Funding Week, which will be held at the SMEs Support Centers, several agreements and memoranda of understanding will be signed between
Monsha’at, financial institutions, and specialized companies. The objective is to create financing and awareness programs specifically targeted towards SMEs. These programs contribute to addressing the challenges faced by SMEs and supporting their expansion and growth in the local market. Monsha’at invites those interested in benefiting from the Funding Week events to register via the provided link:
https://www.monshaat.gov.sa/forms/Fw
to access information about dialogue sessions, session schedules, and other programs scheduled for the week.

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