Riyadh - Sharikat Mubasher: The support centers of the Small and Medium Enterprises General Authority (Monsha’at) benefited 9,644 small and medium-sized enterprises (SMEs) during the first quarter (Q1) of 2024, according to a recent report by the Saudi authority.

The report showed that Monsha’at Academy provided training programs to 15,700 trainees, helping them learn critical new skills, build their networks, and grow their businesses.

The Mazaya platform, designed to empower micro, small, and medium enterprises (MSMEs), provided services to around 1,558 beneficiaries in Q1-24, while the Commercial Innovation Portal (Fikra) benefited 555 beneficiaries during the same quarter.

Further, 352 franchise brands were listed on the Franchise Center platform during the first three months of 2024.