MONSHA'AT: GENERAL AUTHORITY FOR SMALL AND MEDIUM ENTERPRISES

The General Authority for Small and Medium Enterprises Monsha'at supports and sponsors startups and the SME sector to increase the startups' contributed GDP from 20% to 35% by 2030. It also provides administrative, technical, financial, marketing, and human resources support. Not only does Monsha'at provide financial support, but they also activate the role of banks and lending funds to startups and SMEs. Comprehensive service centers are also made available to issue regulatory requirements, electronic services, and any additional support to relevant public and private entities. 

Monsha'at aims to make the SME sector a fundamental element to the growth of the economy in Saudi Arabia. Their core mission is to develop startups and SMEs by supporting them by driving them to prosper through collaborations with their strategic partners including private and non-profit sectors, both locally and internationally.

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