monshaat

The General Authority for Small and Medium Enterprises (Monsha’at) was established in 2016 to regulate, support, and develop the SME sector in Saudi Arabia, aiming to raise its contribution to GDP from 20% to 35% by 2030.

Monsha’at promotes a culture of entrepreneurship and self-employment, supports funding diversification, encourages venture capital, and provides administrative, technical, marketing, and HR support to SMEs.

It also facilitates services through integrated centers, addresses regulatory and operational challenges, fosters business incubators, creates investment opportunities, and supports technology transfer and localization.

Monsha’at collaborates with government entities and international organizations, organizes local and global events, and conducts research, surveys, and policy development to advance the SME ecosystem.