The Kingdom of Saudi Arabia will participate in the “Startup 20” summit in São Paulo, Brazil from September 9 to 11, 2024. The delegation is led by Prince Fahd bin Mansour bin Nasser bin Abdulaziz and is supported by NEOM as the main strategic sponsor.
This summit aims to boost collaboration between Saudi Arabia and G20 countries in entrepreneurship and startup investment, emphasizing innovation and global challenges facing entrepreneurs.
Startup 20
Prince Fahd highlighted that this participation is a key opportunity to foster innovation and share expertise with G20 nations. He expressed pride in representing Saudi Arabia at the summit, aiming to contribute to a global system that supports entrepreneurship and enhances its ability to tackle challenges.
He praised NEOM’s pioneering role as a global Saudi project focused on innovation. NEOM is not just a futuristic city but a comprehensive vision for the future, aiming to build an innovative and sustainable economy. It seeks to attract brilliant minds and talents striving to make a positive global impact, offering opportunities for exceptional achievements.
Vision 2030
This participation is crucial for achieving the goals of Vision 2030, which aims to enhance innovation and increase the contribution of small and medium enterprises to the national economy. The Saudi delegation includes representatives from various government, private, and non-profit sectors, along with prominent entrepreneurs and investors.
The summit will feature a Saudi exhibition showcasing the Kingdom’s efforts in supporting entrepreneurship, along with panel discussions with global and local experts to exchange ideas on best practices in innovation and developing comprehensive entrepreneurial ecosystems.
Enhancing Entrepreneurship
Saudi Arabia aims to play a pivotal role in promoting global entrepreneurship and exchanging expertise with G20 countries during the summit. It also seeks to strengthen international relations and expand global business networks for Saudi entrepreneurs.
This participation is part of the Kingdom’s broader efforts to foster a knowledge-based economy and develop future industries, contributing to a prosperous and sustainable Saudi economy.
