Riyadh: Forty enabling entities from the government, private, and non-profit sectors will participate in Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha'at) from November 5 to 8 in Riyadh. The participants will be part of the 'Enablement Door,' which aims to enhance growth and success opportunities for entrepreneurs and owners of small and medium enterprises (SMEs).
According to Saudi Press Agency, the forum seeks to facilitate access of entrepreneurs and SMEs to supporting entities and benefit from their initiatives to develop and expand their businesses. It also aims to encourage innovators to launch their own ventures.
The door includes several key entities such as the Ministry of Commerce; Ministry of Industry and Mineral Resources; Ministry of Municipalities and Housing; Ministry of Human Resources and Social Development; Ministry of Communications and Information Technology; Ministry of Environment, Water and Agriculture; Saudi Standards, Metrology and Quality Organization; Zakat, Tax and Customs Authority; Transport General Authority; General Entertainment Authority; Capital Market Authority; National Cybersecurity Authority; Saudi Central Bank; Saudi Business Center; National Transformation Program; and Human Capability Development Program.
Biban 2025 aims to boost the Kingdom's position as a global hub for entrepreneurship and an attractive destination for SMEs by providing an enabling environment and direct pathways for development and financing, offering startups and entrepreneurs opportunities for growth and expansion.