Riyadh - Sharikat Mubasher: Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) is set to organize Biban 2024, the largest startup and entrepreneurship conference in Saudi Arabia, from 5 to 9 November, with the participation of 1,350 local and global entrepreneurs and more than 250 speakers.
Under the theme ‘Global Destination for Opportunities,’ Biban 24 aims to promote the growth of entrepreneurial projects and enhance their competitiveness, stimulate the culture of entrepreneurship, and explore investment opportunities available in the public and private sectors, the authority announced in a statement.
This five-day event will serve as a dynamic platform that connects owners of innovative ideas with experts, decision-makers, and investors to increase the contribution of small and medium-sized enterprises (SMEs) to the national gross domestic product (GDP), in alignment with Vision 2030.
Expected to welcome over 120,000 visitors, the event will discuss various topics related to entrepreneurship, e-commerce, franchising, investment opportunities, startups, and innovation, featuring around 420 workshops and courses as well as consultancy and guidance sessions provided to over 19,000 beneficiaries.
Sami Alhussaini, Governor of Monsha’at, stated that Biban 24 will help entrepreneurs explore potential opportunities and will contribute to enhancing the sustainable growth of SMEs, paving the way for further collaborations regionally and globally.
More than 150 entities from the public and private sectors are expected to participate in Biban 24 to address challenges facing SMEs across all sectors.
The event will witness the signing of several agreements that target fostering the entrepreneurship sector, enhancing investment in SMEs, and setting up several local startups by providing different financing solutions
Moreover, Biban 24 will host the Entrepreneurship World Cup (EWC) finals with the participation of 151 countries. The top 100 startups from around the world will vie for cash prizes totaling $1 million as well as additional in-kind rewards.
