Riyadh - Sharikat Mubasher: As the leading force in supporting small and medium-sized enterprises (SMEs) in Saudi Arabia and creating a thriving ecosystem for SMEs, the Small and Medium Enterprises General Authority (Monsha’at) provided a wide range of enablement and business development services for more than 20,000 SMEs and entrepreneurs during the second quarter (Q2) of 2024.

In its ‘Q2-2024 SME Monitor’ report, the authority revealed that 12,401 SMEs benefitted from Monsha’at Support Centers, while more than 8,200 trainees benefitted from Monsha’at E-academy.

Around 692 beneficiaries availed themselves of the Mazaya platform, while 500 beneficiaries availed themselves of Innovation Centers.

Backed by Monsha’at’s extensive efforts, around 86 brands were listed on the Franchise Center platform in Q2-24 and more than 580 SMEs were qualified for Jadeer service.

Moreover, Monsha’at stated that three SMEs were offered in the Nomu parallel market through the Tomoh program.