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RIYADH: Riyadh Gov. Prince Faisal bin Bandar will launch the Biban forum for entrepreneurs, innovators, startups and investors next week, the Saudi Press Agency reported.
Biban aims to encourage new enterprises and entrepreneurs to launch projects and establish themselves in the market by examining the tools and project ideas needed to find and attract investors.
The event takes place on Jan. 29 at the Riyadh Front Expo with Deputy Gov. Prince Mohammad bin Abdulrahman bin Abdul Aziz in attendance.
It is organized in collaboration with Monshaat, the Kingdom’s Small and Medium Enterprises General Authority, which aims to support and develop the sector.
The forum also seeks to create the appropriate environment for existing small and medium enterprises (SMEs) to ensure their contribution and growth, stimulate new enterprises into the market by encouraging entrepreneurs and those who are interested in business, introduce new projects and help them overcome difficulties, attract investors and familiarize them with the necessary requirements and procedures.
The forum will introduce two new areas for attention. One centers on innovation to enable SMEs to adopt solutions and introduce their projects. The second focuses on real estate and construction to provide investment opportunities to SMEs in the fields of property management, real estate marketing, contracting and construction work.
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