Saudi Aramco’s entrepreneurship arm Wa’ed inaugurates roadshow event
Date
6/17/2021 1:15:03 AM
(MENAFN)Saudi Aramco’s entrepreneurship arm Wa’ed inaugurated its first roadshow event to fund the coming generation of Saudi entrepreneurs.
Wa’ed stood at to SR100 million (USD27 million) at its disposal to hand out in loans and venture capital investments to commercially feasible ventures that would recover in the Kingdom’s economy.
The Wa’ed entrepreneurship roadshow is going to hold a number of events in six Saudi cities from September to December, to encourage game-changing ideas that will offer new jobs.
Jubail, Yanbu, Riyadh, Jeddah, Makkah, and Madinah will play host to the tour being set in association with some of Wa’ed’s key partners, including the Royal Commission for Jubail and Yanbu, Monsha’at, the Saudi General Authority for Small and Medium Enterprises, development firm Namaa Almunawara, and investment company Wadi Makkah.
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