Saudi Arabia all set to host Global Entrepreneurship Congress

By Salma C, Intern Reporter
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Saudi Arabia will host the Global Entrepreneurship Congress (GEC) organized by the General Authority for Small and Medium Enterprises (Monshaat) in collaboration with the Global Entrepreneurship Network, by the end of March 2022, in Riyadh.

The GEC will take place at the King Abdulaziz International Conference Center and the Ritz-Carlton hotel, under the patronage of Crown Prince Mohammed bin Salman.

Titled “Reboot, Rethink, Regenerate,” the event will be attended by thousands of entrepreneurs, investors, researchers, policymakers, and other startup champions from more than 180 countries all over the world.

Participants will discuss the economic challenges facing the global entrepreneurial environment, share experiences, seize investment opportunities, and draw lessons learned from the challenges of the pandemic.

More than 150 people will speak at the event, including Apple co-founder Mr. Steve Wozniak and Netflix co-founder Mr. Marc Randolph.

The congress will also include an accompanying exhibition, workshops, and innovation sections.

The Global Entrepreneurship Network chose Riyadh to host this Congress, as the Kingdom outperformed 45 countries according to the Global Entrepreneurship Monitor, in good opportunities to start business ease of starting a business, business response to the COVID-19 pandemic, and government response to the pandemic.

The event will provide an opportunity for policymakers to focus on entrepreneurs and understand the challenges of doing business in the post-pandemic world. The goal of this program is to establish a sustainable and resilient integrated global entrepreneurial environment.

The Global Entrepreneurship Congress is a global entrepreneurship revolution that builds, holds, and grows a shared engine of innovation and economic growth in cities and countries everywhere.

Monsha’at

Monsha’at was established in 2016 to support, develop, and sponsor the country’s SME sector in line with global best practices, to increase the productivity of small firms and their contribution to GDP from 20 percent to 35 percent by 2030.

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