A set of events, meetings, and workshops aimed at entrepreneurs are being attended by over 40 government agencies within the "Empowerment Gate" at the Biban 23 forum. The forum is organized by the General Authority for Small and Medium Enterprises “Monsha’at” under the theme "Opportunities Create Entrepreneurship," at the Riyadh Front from the 9th to the 13th of March.
Biban aims to facilitate access to services and initiatives for small and medium-sized enterprises (SMEs) and entrepreneurs, empowering them to build their businesses and motivating them to embrace an innovative culture in order to have favourable economic effects on a national and worldwide scale. The gate serves as a conduit between financial institutions and entrepreneurs with ideas.
The Empowerment Gate includes participation from both the government and private sectors at the local and international levels, offering services and initiatives to empower and support entrepreneurial businesses, especially SMEs. The gate targets owners of SMEs and entrepreneurs.
The participating entities include the Ministry of Industry and Mineral Resources, the Ministry of Sports, the Ministry of Municipal and Rural Affairs and Housing, the Ministry of Environment, Water, and Agriculture, the Ministry of Human Resources and Social Development, the General Authority of Transport, the Royal Commission for Jubail and Yanbu, the Saudi Food and Drug Authority, the Local Content and Government Procurement Authority, the General Authority for Zakat and Tax, the Saudi Industrial Property Authority, the Saudi Accredited Evaluators Authority, the Saudi Standards, Metrology, and Quality Organization, the Saudi Authority for Intellectual Property, the Saudi Export Development Authority, the General Authority of Real Estate, the Capital Market Authority, the Communications and Space Technology Authority, the Saudi Data and Artificial Intelligence Authority (SDAIA), King Abdullah University of Science and Technology, Dulani Business Center, Jaddah 30 Program, the National Transformation Program, the Human Resources Development Fund (Hadaf), the General Organization for Social Insurance, the Etimad Platform, the Saudi Chambers Union, the National Industrial Development and Logistics Program (NIDLP), the Quality of Life Program, the Saudi Business Center, the National Competitiveness Center, the National Program for Information Technology Development, and the Ministry of Commerce.
Biban Riyadh 2023 represents an open economic model to the world, enhancing the Kingdom's position as a global hub for entrepreneurship and a leading international destination for SMEs. It is supported by a proactive government that continuously anticipates market demands and responds swiftly to its requirements.