The General Authority for Small and Medium Enterprises, known as “Monsha’at”, has sealed multiple finance-related agreements during the Finance Week. These agreements are part of a strategic initiative aimed at empowering the small and medium-sized enterprise (SME) sector and entrepreneurs by providing financial solutions and initiatives to foster the growth and expansion of their projects.
One of the key agreements was with the Banking Awareness and Media Committee of the Saudi Banks. This agreement focuses on developing and supporting the entrepreneurial environment and SMEs in the areas of financial literacy and awareness. It also includes support for SMEs through awareness and marketing campaigns designed to inform and engage the business community.
Furthermore, Monsha’at’s agreement with Jana Investment Company sought to identify and address the challenges and needs of entrepreneurs and SMEs within the investment realm. It aims at offering tailored solutions, as well as enabling them with investment financing opportunities to bolster the growth of their ventures.
In a similar vein, the agreement between Monsha’at and Areeb, a company specializing in digital brokerage, is set to provide services related to financing mediation. It will highlight programs and solutions for the sector with an objective to develop and support the business environment for emerging enterprises. Additionally, through a collaboration with the Interactive Smart Solutions company, Monsha’at is dedicated to offering financing opportunities that contribute to the ambitions of entrepreneurs. This is facilitated by joining the “Mazaya” platform, a service by Monsha’at that provides discounts and offers on various products, including financial products for SMEs. This partnership also aims to develop and design educational content to familiarize entrepreneurs with financing options and tools.
The week-long event continues with several educational and developmental programs to support entrepreneurs in enhancing the sustainability of their businesses and obtaining appropriate funding and support. Monsha’at invites those interested in benefiting from the Finance Week events to register and explore the various dialogues, session schedules, and programs planned for the week.
