The Small and Medium Enterprises General Authority “Monsha’at” will launch Biban 24 tomorrow, Tuesday, at Riyadh Front Exhibition and Conference Center, running until November 9 under the theme A Global Destination for Opportunities.
The forum brings together more than 250 local and international speakers and 1,350 exhibitors from among entrepreneurs from inside and outside the Kingdom, along with broad attendance by Their Highnesses and Excellencies, entrepreneurs, investors, and decision-makers, making it a key platform for strengthening the SME sector.
Biban 24 allows entrepreneurs to explore investment opportunities in the Kingdom, with the participation of more than 150 entities enabling SMEs, which offer their services in funding, procedures, and logistics support, along with more than 25,000 consultation, guidance, and training sessions.
The forum opens its doors daily from 4 PM to 11 PM and aims to motivate young men and women to enter the world of entrepreneurship, create an interactive environment that helps build a local and global entrepreneurial network, and strengthen communication between investors and entrepreneurs to nurture and invest in creative ideas, in support of Saudi Vision 2030, which seeks to raise the contribution of SMEs to GDP.
The activities of Biban 24 are spread across nine main doors: the Launch Door, the Fast-Growing Enterprises Door, the Enablement Door, the E-Commerce Door, the Funding and Investment Door, the Innovation Door, the Startups Door, the Franchise Door, and the Market Door. The forum covers multiple fields, such as artificial intelligence, digital health, innovation, sustainability, funding, and enabling creativity, in addition to expansion and growth strategies.
Biban 24 will host the Entrepreneurship World Cup finals with participation from 52 countries, as the Kingdom hosts the final round with the participation of the top 100 male and female entrepreneurs from around the world, with cash prizes of up to one million dollars to be awarded to the winners at the closing ceremony.
The forum will also feature quality launches and agreements to support entrepreneurship in several vital sectors, including technology, tourism, entertainment, culture, and sports, strengthening SME investment and supporting their expansion in the local market through innovative financing solutions.
The forum offers more than 10,000 diverse investment opportunities in fields including sports, entertainment, vehicle maintenance and repair, agriculture, public services, and real estate, giving entrepreneurs and investors wide-ranging opportunities to invest.
The forum also includes a dedicated zone to connect 5,000 investors with entrepreneurs, creating an ideal environment for building partnerships and strengthening investment opportunities in the Kingdom, in service of the economic development objectives of Saudi Vision 2030.