Monsha’at unveils new programs to support entrepreneurs in Jeddah

Monsha'at launches mentoring programs
Image credits: SPA | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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The Small and Medium Enterprises General Authority (Monsha’at) has launched a series of advisory and mentoring programs at its SMEs Support Centers in Jeddah, designed to enhance entrepreneurs’ skills.

These programs will run through December 11. The programs cover operational processes, lending and finance, planning and strategy, technology, feasibility studies, human resources, sales and marketing, accounting and finance, and legal consulting.

According to the statement, the mentoring tracks include areas such as wholesale and retail, education, training and consultancy, information technology, marketing and media services, and manufacturing.

The programs are part of Monsha’at’s broader initiatives to strengthen Saudi Arabia’s entrepreneurship ecosystem by fostering innovation and promoting greater collaboration between public and private sector entities.

Through these efforts, Monsha’at aims to create a sustainable business environment that supports the growth and development of small and medium enterprises (SMEs).

According to the statement, this aligns with the goals of Saudi Vision 2030, which seeks to empower entrepreneurs, enhance their role in the economy, and significantly increase the contribution of SMEs to the national economic landscape. By focusing on innovation and integration, these programs aim to create a more dynamic, resilient, and competitive business environment in the Kingdom.

Earlier this month, Monsha’at launched a five-day tour of the Saudi entrepreneurship ecosystem in Silicon Valley, California. The five-day tour brings together six high-growth Saudi companies from various sectors as part of its initiative to support potential unicorns and enable their international expansion.

Small and Medium Enterprises General Authority (Monsha’at)

Monsha’at is a Saudi government agency established to support the growth and development of small and medium-sized enterprises (SMEs) in the Kingdom of Saudi Arabia. Monsha’at plays a crucial role in the realization of Saudi Vision 2030, which aims to diversify the economy and empower entrepreneurs to contribute more significantly to the national economy.

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