"Monsha'at" Wins Second Place in the Local Content Award for Government Entities
The Small and Medium Enterprises General Authority "Monsha'at" won second place in the Local Content Award for the Government Entities axis, in recognition of its contributions to the development of local content and increasing compliance and commitment to implementing its requirements, given its importance in supporting the field of entrepreneurship and SMEs. Monsha'at's achievement in winning the award is the result of the efforts and initiatives that contributed to the development of local content and enhancing commitment to its requirements, in addition to raising public awareness about local content mechanisms and expanding its base in various fields related to entrepreneurship. Monsha'at worked to develop local content by forming a committee to outline a set of plans, goals and indicators, ensuring compliance and achievement. These efforts contribute to increasing the productivity of SMEs and raising their contribution to the gross domestic product to 35% by 2030. Monsha'at is dedicated to supporting the development of local content, and utilizing all available resources to create a supportive environment for unleashing business potential and diversifying the sources of the national economy, by providing an attractive and stimulating investment environment for entrepreneurs and SME owners.
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