The Small and Medium Enterprises General Authority “Monsha’at” will launch the Entrepreneurship World Cup 2025 competitions tomorrow in the capital, Riyadh, on the second day 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 Entrepreneurship World Cup is the largest global competition of its kind for entrepreneurs, organized by Monsha’at in cooperation with the Global Entrepreneurship Network (GEN) and the Mohammed bin Salman Foundation (Misk). It will see 100 entrepreneurial projects from 47 countries compete for cash prizes exceeding $1.5 million, in the presence of a select group of entrepreneurs, investors, and experts from around the world.

Six Saudi companies representing the elite of innovative national projects have qualified for the finals, alongside three companies from Egypt, two from the UAE, one from the Sultanate of Oman, and one from Bahrain, after passing the national and global qualifying stages from among more than 10,300 applicant projects representing 169 countries around the world. The qualifying projects took part in a virtual training camp in cooperation with Esade Ramon Llull University, during which the initiatives were evaluated to select the best 100 projects to compete in the finals.

The qualifying projects cover multiple fields, including communications and information technology, health and social services, miscellaneous services, agriculture, forestry and fishing, industry, and space, reflecting the diversity of the entrepreneurship ecosystem around the world and its integration with future sectors of economic impact.

The organization of the Entrepreneurship World Cup 2025 finals as part of the Biban forum affirms the Kingdom’s leading role in supporting innovation and enabling entrepreneurs globally, and consolidates its standing as an international hub for entrepreneurship and investment, in line with the objectives of Saudi Vision 2030 to build a diversified and sustainable economy and make the Kingdom a global destination for change-makers and entrepreneurial talent.