Social Development Bank channels SAR 3.1 bn into Saudi startups in 2025

user icon
GHADA.ISMAIL
calender icon
Dec 30, 2025
article image

Riyadh – Sharikat Mubasher: Social Development Bank (SDB) announced its 2025 results during its fourth-quarter board meeting, chaired by Ahmed bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development and Chairman of the Bank’s Board.

During the year, the bank provided SAR 3.1 billion in financing to entrepreneurs and owners of small and emerging enterprises, benefiting 8,000 startups and SMEs.

In parallel, SAR 2.8 billion was directed toward freelancers and productive families, reaching 65,000 beneficiaries, while SAR 2 billion in social financing supported 35,000 recipients.

In addition to direct financing, SDB expanded its non-financial support programs, with approximately 61,000 beneficiaries accessing enablement and development services aimed at improving business readiness, sustainability, and growth.

The bank continued to scale its flagship entrepreneurial community, Jada30, which now operates 13 branches across Saudi Arabia and hosts more than 4,300 businesses, including 1,300 added during 2025.

SDB also increased funding dedicated to high-growth sectors, with financing portfolios for information technology, gaming, and esports reaching SAR 1.3 billion. These sectors are viewed as key drivers of innovation, job creation, and economic diversification under Vision 2030.

SDB also maintained an active presence in entrepreneurship-focused events, including DeveGo 2025, which brought together founders, investors, and experts to support startup growth and modern work models.


Share

Related News

Social Development Bank channels SAR 3.1 bn into Saudi startups in 2025
News
Calendar Icon
December 30, 2025
Social Development Bank channels SAR 3.1 bn into Saudi startups in 2025
Read More
LAB7 expands climate tech portfolio with Homeostasis deal
News
Calendar Icon
December 30, 2025
LAB7 expands climate tech portfolio with Homeostasis deal
Read More
Akdital to invest over SAR 5 bn to expand business across Kingdom
News
Calendar Icon
December 28, 2025
Akdital to invest over SAR 5 bn to expand business across Kingdom
Read More
Zain KSA, SDB partner to support Saudi entrepreneurs
News
Calendar Icon
December 25, 2025
Zain KSA, SDB partner to support Saudi entrepreneurs
Read More
EA shareholders approve $55bn takeover led by Saudi PIF
News
Calendar Icon
December 23, 2025
EA shareholders approve $55bn takeover led by Saudi PIF
Read More
Miral, Ma’an introduce new social impact fund
News
Calendar Icon
December 21, 2025
Miral, Ma’an introduce new social impact fund
Read More
JLL acquires minority stake in PIF-owned FMTECH
News
Calendar Icon
December 16, 2025
JLL acquires minority stake in PIF-owned FMTECH
Read More
Movandi expands into Saudi Arabia under NTDP’s Relocate Initiative
News
Calendar Icon
December 15, 2025
Movandi expands into Saudi Arabia under NTDP’s Relocate Initiative
Read More
Al Shathri: PIF executes 10 regional deals across MENA in 2 years
News
Calendar Icon
December 11, 2025
Al Shathri: PIF executes 10 regional deals across MENA in 2 years
Read More
TDF signs SAR 4 bn in new partnerships at MOMENTUM 2025
News
Calendar Icon
December 10, 2025
TDF signs SAR 4 bn in new partnerships at MOMENTUM 2025
Read More