About Monsha'at
The Small and Medium Enterprises General Authority "Monsha’at", was established in by the Council of Ministers Resolution No. (301) dated 11/07/1437 AH, 2016 to regulate, support, and develop the SME sector in the Kingdom. It operates independently under the Ministry of Commerce and aims to increase the productivity of SMEs and raise their contribution to the GDP from 20% to 35% by 2030.
Monsha'at is dedicated to promoting entrepreneurship and innovation. It develops, implements, and supports programs and projects to foster the entrepreneurial mindset, diversify financial support for businesses, stimulate venture capital initiatives, and help enterprises enhance their operations in areas such as administration, technology, finance, marketing, and human resources.
To view "Monsha'at" tasks and responsibilities (Click here)
Vision
Empowering the SME sector to become the driving force behind the growth of Saudi Arabia's economy and to achieve the objectives of Saudi Vision 2023 and beyond.
Mission
Supporting the growth and competitiveness of SMEs by collaborating with strategic partners from various sectors, both locally and globally, to create an enabling environment and build a leading society.
Strategic Objectives
Inspiring Environment
Meeting the essential needs and providing opportunities for the prosperity of all SMEs.
Promising Enterprises
Providing services and business opportunities to enhance the growth and competitiveness of all SMEs.
Entrepreneurial Community
Promoting entrepreneurship and supporting ambitious entrepreneurs to increase the number of new start-ups
Strategic Pillars
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Comments and Inquiries
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4 May 2023
المحتوى واضح والرؤية ملائمة لحاجة رواد الأعمال
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