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Franchise

Franchise

A platform that includes local and international opportunities for commercial excellence, awareness materials, visual awareness content, a guide to franchise events, and business franchise models, to open up business franchises opportunities for entrepreneurs. 
Objectives:

  • Encourage Saudi brands with the ability to manufacture national products for global expansion.
  • Increase the franchise's contribution to sustainable growth, diversification and empowerment of the Saudi economy.
  • Spread the culture of commercial excellence in facilitating the startup and operation of commercial activities in the Kingdom.
  • Provide new business opportunities.
  • Increase the contribution of the concession sector in the Kingdom's GDP

SMEs support center

SMEs support center

A unified center that provides a package of programs in cooperation between the public and private sectors to develop entrepreneurs and small and medium enterprises in order to build a competitive economic system that ensures the sustainability and prosperity of this sector and raise its contribution to the GDP.

In cooperation with a number of companies, Monshaat provides services to SMEs in the fields of accounting, finance and human resource management by using cloud based systems, in addition to the support of a consultant or expert in the field to support the establishment to carry out its work for one year from the date of contracting, in order to measure the performance of service providers and the level of services provided in order to have a contract with them in the future to extend the service to more entities.

Financing services(Kafalah program)

Financing services(Kafalah program)

Financing solutions are one of the most important pillars of empowerment. They come to support the development programs of small enterprises and entrepreneurship programs and diversify the sources of financial support in all sectors in cooperation with the public and private sectors in order to bridge the financing gaps of enterprises and increase their contribution to the GDP.

Indirect lending initiative

Indirect lending initiative

The initiative opens new horizons and channels for SME lending through accredited finance companies in the Kingdom and the development of financial platforms and tools needed by the SME sector to ensure their continuity and business development.

venture capital initiative

venture capital initiative

The venture capital initiative is a private sector stimulus initiative aimed at investing in enterprises during their early stages of growth, through three different programs.

Fikra Platform

Fikra Platform

An initiative that seeks to employ the mind and collective thinking in the development of public services and products through a national platform of ideas linking government agencies with individuals and enterprises; to find creative solutions that contribute to the building of the public sector. 
Objectives:
  • Promote community-based partnership between the public sector and society to bring about change.
  • Promote the spirit of innovation among the members of society to overcome obstacles and challenges.
  • Spread the culture of innovation and find solutions in innovative ways.
  • Provide an opportunity for innovative enterprises to create innovative solutions.

A store for cloud applications that SMEs need, such as resource management, customer services, personnel and project management, in order to bridge the digital gap and increase enterprise maturity and competitiveness by employing cloud technology and empowering local talent to increase local content and raise innovation to help the Kingdom achieve its vision of enterprises growth and the digital economy.

Objectives:

  • Improving the technical aspect of SMEs in the Kingdom.
  • Provide speed and cost through cloud computing
  • Provide growth for enterprises operating in this field

Offering reduced business services prices on a variety of services needed by small and medium enterprises such as consulting, accounting, legal, design, marketing and other services.

 

Objectives:

 

  • Reduce the operating cost of small and medium enterprises.
  • Increase the efficiency of small and medium enterprises.
  • Increase the demand for services provided by service providers.

Issuing licenses for business incubators

Issuing licenses for business incubators

It is a document issued by Monshaat that entitles the holder to establish a platform for entrepreneurship after fulfilling the requirements of the regulation. 

Objectives:

  • Access to facilities provided by the Authority and its partners from government and private entities.
  • Identify the needs and requirements of supporting the entrepreneurship sector.

Innovation Award

Innovation Award

Innovation Award and Innovation Exhibition “Ebtker” is an initiative of Monshaat, which seeks to spread the culture of innovation and discover innovators to build a knowledge-based economy through locally and internationally competitive startups.
 
Objectives:
 

  • Contribute to the promotion of innovation to develop the fields of science and technology in the Kingdom
  • Develop the spirit of creativity, innovation, invention, and motivate talents and abilities.
  • Encourage and appreciate innovators and outstanding talents in scientific and technical fields.
  • Capitalize on the potential of members of society and motivate them to innovate in scientific and technical fields.

An electronic platform and a network for entrepreneurs providing advisory services and a community to share experiences and find people interested in different areas to support entrepreneurs and the growth of their enterprises.

Objectives:

  • Support entrepreneurs and business owners in establishing and growing their businesses.
  • Benefit from sharing experiences with other entrepreneurs through public debates and private groups.
  • Connect entrepreneurs to university students or graduates to train in their enterprises.

Tomoh

Tomoh

A set of programs designed to help promising SMEs to increase growth, expansion and success locally and globally. The program is divided into several sections:

  • Tomoh for small businesses
  • Tomoh for medium companies
  • Tomoh Elit's for promising companies
  • Tomoh for e-commerce

Tomoh program objectives:

  • Support SMEs and its growth.
  • Enhance the opportunities of SMEs to enter new markets.
  • Increase job opportunities in SMEs.
  • Increase the contribution of SMEs to the GDP.

Directory of Authorities and Services

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Directory of Authorities and Services

Is a comprehensive directory of organizations and services supporting small and medium enterprises. The Directory contains several categories of services and entities, including but not limited to:

  • Technical services
  • Consulting services
  • Guidance services
  • Logistics services

This guide aims to create a comprehensive reference to all the services needed by small and medium enterprises and those supported by Monshaat to enable entrepreneurs to refer to them with ease.

A comprehensive self-assessment service for SMEs that helps them measure their current capabilities to see which areas can be improved through a set of recommendations that enable SMEs to develop their capabilities and improve their performance. 
Objectives:
  • Enable enterprises to discover and benefit from their strengths.
  • Help enterprises gain the trust of their customers.
  • Help SMEs get support and facilities from Monshaat.

Provide training programs in various fields that contribute to the development of the capabilities of employees of small and medium enterprises and entrepreneurs.

Objectives:

  • Supporting small and medium enterprises to achieve growth, expansion and sustainability.
  • Raising administrative, financial and technical competencies for small and medium enterprises, entrepreneurs and supporting entities.

Estrdad Initiative

Estrdad Initiative

An initiative developed jointly by Monshaat, the Ministry of Finance, the Local Content Unit and the private sector, to recover government fees paid by small and medium enterprises in its early years, and to facilitate the start-up of enterprises to enable them to grow and prosper. 
Objectives:
  •  Increase the contribution of SMEs to the GDP
  • Increase the rate of continuity of SMEs
  • Increase innovation
  • Job creation and unemployment reduction
  • Attractive investment environment

Investment opportunities

Investment opportunities

A platform that highlights the investment opportunities that are gathered from government, private sector, third sector, and vision programs. 
Objectives:
  • Facilitate the access of entrepreneurs to investment opportunities available in the regions of the Kingdom.
  • Increase the efficiency of communication between the business community and government agencies.
  • Stimulate and accelerate economic development in the Kingdom.
  • Promote investment in priority sectors on which Monshaat’s strategy has focused.
  • Encourage investment in local content and localization of industries.
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