The Small and Medium Enterprises General Authority “Monsha’at” will bring together six Saudi companies that have qualified for the finals of the Entrepreneurship World Cup 2025, hosted by the capital, Riyadh, as part of the Biban 2025 forum, which it organizes from November 5 to 8 at the Riyadh Front Exhibition and Conference Center under the theme A Global Destination for Opportunities.

The Saudi companies passed the national and global qualifying stages to qualify among the top 100 companies from 47 countries competing in the Entrepreneurship World Cup finals, out of more than 10,300 applicants representing more than 169 countries around the world, for cash prizes exceeding $1.5 million.

This achievement reflects the Kingdom’s leading role in supporting innovation and entrepreneurship locally and globally and affirms its role as a stimulating investment environment for entrepreneurship. The six qualifying companies focus on developing innovative solutions in various fields, strengthening the competitiveness of Saudi companies regionally and globally.

The companies qualifying for the finals include a range of projects and innovations that reflect the remarkable development of startups in the Kingdom: ADADK, a startup in the field of water supply; Expanse Cosmos, specialized in supporting the new space economy; SARsatX, specialized in space technology; EcoPallets, specialized in recycling palm fronds into high-quality shipping pallets; Thrivve, specialized in providing innovative solutions in financial technology and mobility; and iRAMA, specialized in hydroponic farming technologies.

The organization of the Entrepreneurship World Cup finals as part of Biban 2025 affirms the Kingdom’s leading role in supporting innovation and entrepreneurship globally, and reflects its advanced standing in attracting international startups, investment, and entrepreneurial ideas in an economic environment aligned with the objectives of Saudi Vision 2030 toward building a diversified and sustainable economy.