Riyadh: The Small and Medium Enterprises General Authority (Monsha'at) announced that Biban Forum 2025 in November will unveil $2 billion in launches and local and international agreements to support the small and medium enterprise (SME) sector and enhance the entrepreneurial environment in the Kingdom.
According to Saudi Press Agency, these launches and agreements will target vital sectors including technology, tourism, entertainment, education, and financial services, and are expected to significantly contribute to the growth and sustainability of entrepreneurial projects.
This initiative aims to enhance integration between the public and private sectors and provide a stimulating environment for the growth and expansion of startups. The forum reflects the rapid development of the Saudi entrepreneurship ecosystem as a key driver of the national economy.
Planned international agreements include cooperation with several countries such as Japan, Korea, and Qatar. Biban 2025 will also feature significant investment opportunities and funding rounds for entrepreneurs, with participation from leading investment companies, individual investors, and venture capital funds, further boosting innovation and growth in the local market.
The forum, organized by Monsha'at under the theme "Global Destination for Opportunities," will take place from November 5 to 8 at the Riyadh Front Exhibition and Conference Center.