Riyadh - Exclusive Sharikat Mubasher: Saudi Arabia’s Sulaiman Al-Rajhi Foundation for Development Finance participated in Biban 2024 to showcase its various financing services provided through different funds, Senior PR and Media Specialist Abdulaziz Alessa, stated in an interview with Sharikat Mubasher on the sidelines of Biban 2024.
Alessa clarified that the foundation provides finance amounting to SAR 50,000 to support productive families while the Maslak Educational Fund targets fostering university students by providing loans with easy and flexible repayment for up to 13 years.
The official elaborated that the third fund focuses on financial sustainability to support investment projects of charity organizations with finance estimated at SAR 10 million.
Biban 2024, the flagship event for startups and entrepreneurs in Saudi Arabia, takes place in Riyadh from 5 to 9 November with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.
It focuses on empowering the entrepreneurial ecosystem in Saudi Arabia for local and international entrepreneurs through nine doors: Enablement Door, Fast-growing Enterprises Door, Funding and Investment Door, Startup Door, Innovation Door, E-commerce Door, Franchise Door, Market Door, and Start Door.
