Vision 2030

THE KINGDOM SME SUMMIT

FOSTERING THE GROWTH OF SME ARABIA
16-17 December 2018, Dhahran International Exhibition Center, KSA
“An event for the entrepreneurial leader contributing to the Saudi Vision 2030”

Vision 2030

VISION 2030 AND FOCUS ON SME:

The fundamental to the success of Saudi Arabia’s Vision 2030 are growth of a stable real estate market and creation of a sustainable small and medium-sized enterprise (SME) sector. SMEs are one sector at the forefront for the economic development and putting efforts for creation of large employment, industrial output, large contribution for exports and converting unskilled labour to skilled labour. To boost significant contributions of the SMEs, this sector needs to alleviate certain constraints like availability of adequate and timely credit, high cost of credit, collateral requirements, access to equity capital and rehabilitation of sick enterprises etc. It thus emerges that adequate, timely and affordable finance is one of the bigger issues for the SMEs. SMEs usually depend upon the Banks, Financial Institutions, HNIs, Private Finance and other sources to generate capital or working finance as well as funding for expanding business activities.

EVENT OBJECTIVE

ETCHING VISION 2030 WITH SME
Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, set up a 4 billion Saudi riyal fund (US$1bn) that will provide small and medium-sized enterprises (SMEs) access to capital. The “Fund of Funds”, as it is known, will invest in venture capital and private equity funds targeting the SME sector. The Fund is aligned with the Vision 2030 objective of facilitating private sector growth and supporting the development of SMEs in creating job opportunities, promoting innovation, and increasing exports as per the commercial by-laws, to support and encourage investment in SMEs.

JOB MARKET

The estimated contribution of the fund to the kingdom’s gross domestic product is 400 million riyals by the end of 2020, and it will create more than 2,600 jobs. The contribution to GDP is set to rise to 8.6bn riyals by the end of 2027, creating around 58,000 jobs.

LOAN SUPPORT

The Saudi Arabian Monetary Authority (SAMA) said that about 16% of banks’ loans have been injected into the real estate sector compared to 2% for the small and medium enterprises (SMEs). SAMA plans to increase loans for the SMEs, noting that the banking sector’s solvency in the Kingdom exceeds 19%, and the liquid assets ratio to total assets amount to 20%.

KEY BENEFITS FOR ATTENDEES

DYNAMIC, PRACTICAL, EXPERT CONTENT
Get ready for a dynamic, experiential and interactive event that leaves you with the answers to your biggest and challenging questions

  • Government Initiatives
  • 15+ simulating sessions
  • Local & International Investor Meet-Ups
  • Network with SME Incubators & Accelerators
  • Project Funding showcase
  • Practical & tactical workshops
  • Audience Profiling
  • Fireside Chat: Interview with key startup leaders and entrepreneurs
  • Success Stories
  • Mentor Café: Matching Mentor to your skill set And much more

ESTEEMED SPEAKERS PANEL

Eng. Badr Al Karni
Eng. Badr Al Karni

General Manager, Monshaat (The General Authority of Small and Medium Enterprises)

Trey Goede

Head of Portfolio Management, Waed – Saudi ARAMCO

Eng. Fuad Mosa
Eng. Fuad Mosa

Vice President – Local Content & BD, SABIC

Sulaiman Al Saqer
Sulaiman Al Saqer

Director of SME Support Department, SASO

Ahmed AlOwfi
Ahmed AlOwfi

Director SME Support, Monshaat (The General Authority of Small and Medium Enterprises)

Nader El Batrawi
Nader El Batrawi

Founder & CEO, Jobzella

Hussain Al Hamoud
Hussain AlHamoud

Founder, iEntrepreneur

H. Hammad Anwer
H. Hammad Anwer

Vice General Manager, Ekuep.com A prestigious Award Winner for Seamless 2018– Ecommerce Evangelist

Tuba Terekli
Tuba Terekli

Co-founder, Qotul Al Riyadh High Commissioner of Saudi Arabia – World Business Angels Investment Forum

Mustafa Ahmed
Mustafa Ahmed

CEO, Ascends E Ventures Partner & Advisor, PayTabs

Abdulaziz Al Jouf
Abdulaziz Al Jouf

CEO and Founder, Paytabs

Moustafa Khater
Moustafa Khater

Managing Director, Flat6labs

Abdulsalman Alkuwaiti
Abdulsalman Alkuwaiti

Founder, SEA Ventures

EVENT THEME & KEY TOPICS

  • Regulations and Taxation
  • Entrepreneurial Compatibilities and Competencies
  • SME Global Outreach
  • Partnership and Franchising
  • SME Incubators and Accelerators
  • Scaling Up SMEs
  • Funding and Financing – Approved funds and launching VC funds
  • Financing under Kafalah Program
  • Technopreneurship & Digitization of SME – Bringing Local and Global Market at a click
  • Social Acquisition and Inclusive Entrepreneurship
  • Start-ups
  • Fintech SMEs
  • Age of SMART SMEs

KEY TAKEAWAYS

LEARN

  • New framework initiated by the Govt. for SME to support and expand private sector.
  • Key Features and Innovations to Boost Your Business and Scale Up.
  • Identify key partnerships across the globe.
  • SME-to-SME collaboration – Build your supply chain by networking with region’s experts & professionals.
  • Start-Up Toolkit: How to start and build your start-up ideas.

UNDERSTAND

  • Feasibility of your SME Plan in regards with Govt. policies.
  • Regulations and Guidelines of Saudi Vision 2030 and its alignment towards SME industry.
  • Collaborative solutions for the key challenges of Entrepreneurs.
  • KAFALAH Program.

GAIN

  • Skills and Business Acumen needs across key domains such as Digital & Social Entrepreneur, Ecommerce, Fintech etc.
  • Meet the investors.
  • Support from the key Government officials, Private SME Incubators & Accelerators to help you with your entrepreneurial journey.

EXPLORE

  • Investment Talks: Funding or self-financed.
  • How to get the risk mitigated.
  • Multiple Financial Channels.

Ramtan Expo
Alsharqia Chamber
International Exhibition Services
BME Global
Saudi Exhibition and Convention Bureau
International Association of Exhibitions and Events
The Global Association of the Exhibition Industry

Register

Dhahran Expo is dedicated to servicing the needs of the meetings & events industry and promoting professionalism, and excellence in meeting all customers’ needs and play a major role in the sector of business travel and tourism. We are passionate and focused to empower our clients to achieve more, as we fully engage and support them to captivate the full value of the meetings & events industry and that means we really listen and learn from them. With over 30 years of experience of delivering successful events across a diverse range of industries, our experts aim to assist you in meeting all your needs in your experience of organizing an event.