The Saudi British Bank (SABB) has contributed to supporting the activities and events of the Saudi Startup Forum, recently organized by Monsha’at in Dhahran.

During the opening ceremony, Deputy Governor of the Eastern Province Dr. Khalid Al-Battal honored SABB as a “supporting sponsor,” in the presence of Deputy Minister of Trade and Investment Majed Al-Bawardi and Governor of the General Authority for SMEs Saleh Al-Rasheed. The award recognizes the bank’s role in developing the national economy by encouraging startups and entrepreneurs.

“Startups are an important part of the national economy, and therefore, the success and growth of these companies is a key factor for the growth and development of the Kingdom’s economy in general, and provide more job opportunities for citizens. Hence, the national Vision 2030 focuses on supporting the startup sector and entrepreneurs,” said Dr. Al-Battal.

He also praised SABB’s role in the success of the forum, which is an important platform for the launch of many startups and entrepreneurs.

In addition to its corporate banking and trade facilities, SABB is committed to supporting startups through its community-based initiatives, and continues to provide support through the TAQADAM startup accelerator program, which aims to help young entrepreneurs take their first steps in business.