The Small and Medium Enterprises General Authority “Monsha’at” has dedicated, within the Biban 24 forum, a zone to serve entrepreneurs and enterprise owners operating in the e-commerce sector, as well as investors wishing to enter the sector, with around 59 service providers and enabling entities taking part to support the forum’s visitors and investors in the sector.
The exhibiting enterprises at the forum’s E-commerce Door are active in emerging technologies, modern retail, and electronic solutions, while 6 consultants offer their services in digital payments, e-marketplaces, and supply chains throughout the days of the forum.
The Door also connects e-commerce service providers with investors, owners of traditional stores, and entrepreneurs, and helps them enter the world of modern retail, establish projects, and pass smoothly through the establishment stages.
The E-commerce Door comprises 10 zones aimed at raising the awareness of entrepreneurs and SME owners of the best methods and practices in e-commerce and the transition to modern retail. These zones include the E-commerce Council zone, which introduces the enablers and facilities available to entrepreneurs; the modern retail zone, which introduces how to connect traditional and online stores; the emerging technologies zone; the Monsha’at e-commerce initiatives zone; and the e-commerce initiatives zone.
The product and service development platforms zone introduces the latest innovative technologies in the entrepreneurship sector, while the digital solutions zone provides an integrated space related to online stores, and the supply chains zone hosts the most prominent logistics service providers and specialized companies in the field, locally and globally. The Door also includes the e-marketplaces zone and the digital payments (FinTech) zone. The Door aims to spread awareness of the importance of e-commerce and the transition to modern retail, and of connecting traditional stores with online stores, among SME owners in the Kingdom, and to benefit from distinguished and leading global experiences in technology and e-commerce in supporting SMEs.
The Biban 24 forum, organized by Monsha’at at the beginning of next November at Riyadh Front Exhibition and Conference Center, comprises 9 innovative doors aimed at meeting the needs of entrepreneurs and enabling SMEs to achieve growth and sustainability.