Riyadh - Sharikat Mubasher: Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) empowered over 100,000 SMEs in 2024 through comprehensive training, upskilling, networking, and funding opportunities.

In its recent report, titled ‘SME Monitor Quarterly Report Q4 2024’, the authority unveiled that Monsha’at SME Support Centers assisted over 41,000 SMEs in 2024, while around 51,110 trainees benefited from Monsha’at e-Academy.

Additionally, more than 6,100 beneficiaries accessed resources through the Mazaya platform, and 2,100 SMEs qualified for the Jadeer service, which helps businesses enhance their credibility and access new opportunities. The Tomoh Program, designed to support high-potential SMEs, welcomed 1,400 new businesses, while 205 brands were listed on the Franchise Center Platform last year.

These milestones reflect Monsha’at’s long-term commitment to spur private sector growth and enable more Saudi entrepreneurs than ever to launch, grow, and expand their businesses.