Riyadh - Sharikat Mubasher: The Small and Medium Enterprises General Authority (Monsha’at) has supported nearly 3,300 fast-growing businesses through the Tomoh program since its launch in 2017, according to Mashhor Al-Sakkaf, Business Growth Team Leader at the Tomoh program.
Speaking during a workshop on the journey of high-growth enterprises with Tomoh at the Jeddah Chamber, Al-Sakkaf revealed that the program has helped 40 companies list on the Nomu-Parallel Market (Nomu).
He highlighted that companies participating in Tomoh generated SAR 38 billion in revenue, marking a 19% year-over-year (YoY) growth, while Nomu-listed companies reached a combined market capitalization of more than SAR 22 billion and attracted over SAR 5 billion in investment.
Additionally, employment across companies participating in the Tomoh program has surpassed 99,000 workers, with an annual growth of 18%.
Monsha’at launched the Tomoh program to support SME growth by enhancing capabilities, exceeding growth expectations, and connecting enterprises with local and international support. The program helps companies access expertise through specialists, knowledge-sharing trips, advisory services, and growth plans, while improving operational efficiency and supply chains.
Tomoh program aims to create a supportive environment for the growth and expansion of SMEs, enabling them to build competitive advantages, expand into domestic and international markets, and improve operational performance beyond expected growth trajectories.
