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Eye of Riyadh
Business & Money | Thursday 19 November, 2020 1:17 pm |
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Monshaat launches specialized programs during the Global Entrepreneurship Week

In conjunction with the Global Entrepreneurship Week, the General Authority for Small and Medium Enterprises "Monshaat", in cooperation with the Saudi Global Entrepreneurship Network, launched a series of capability building programs intended for entrepreneurs, investors, mentors and entrepreneurs. These programs were designed and availed by Monshaat Academy to build the capacities of the participants to launch entrepreneurial projects, build knowledge and bridge the gaps by establishing networks to link investors and mentors with entrepreneurs.

 

The mentors and incubation managers program provide an opportunity to learn best practices in supporting a wide range of entrepreneurial needs throughout their business journey, in addition to evaluating the mentor's effectiveness and understanding the strengths and weaknesses to provide continuous support to mentors and entrepreneurs.

 

The program for entrepreneurs provides mechanisms to raise investment readiness that are presented through multi-level applications with a combination of virtual and case study solutions to bridge capacity gaps and determine the level between diverse groups of entrepreneurs for various forms of investment and best practices.

 

As for the investor program, it is offered virtually through live sessions that covers increasing deal flow in startups; The simulations and workshops will also enhance the ability of investors to identify, screen, organize, manage and exit investments. The program also aims to raise knowledge of ways to improve and increase capital and raise expertise of companies in the early stages and towards growth.

 

It is worth noting that “Monshaat” is providing a set of specialized development programs through the Monshaat Academy with the aim of empowering the owners and staff of micro, small and medium enterprises and aspiring entrepreneurs to achieve growth, expansion and sustainability, in addition to raising administrative, financial and technical competencies and transferring knowledge in establishing, managing and developing their businesses.

 

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