General Authority for Small and Medium Enterprises (Monsha'at)

Supports Saudi small and medium businesses with entrepreneurship services, financing access, and ecosystem programs.

The General Authority for Small and Medium Enterprises, known as Monsha'at, is Saudi Arabia's national SME authority, created in 2016 under Vision 2030. Its remit is to regulate, support, and expand the SME sector, and it has become a central broker between entrepreneurs, banks, investors, and support providers.

Rather than paying most capital directly, Monsha'at works through 273 licensed incubators and co-working spaces, the Financing Gateway portal, the Kafalah SME Financing Guarantee Program, Tomoh, Saudi Venture Capital, and the Esterdad fee-reimbursement initiative. The support mix reaches fintech, e-commerce, logistics, health tech, agritech, and manufacturing, with Kafalah guarantees up to SAR 15 million for medium firms.

The model is ecosystem heavy and commercially oriented. Tomoh has supported 40 companies onto the Nomu parallel market and has 3,250+ registered establishments, Saudi Venture Capital invests in funds and co-invests with angels, and Funding Gate connects SMEs to 45 financial entities, so the authority is most useful where a founder needs access, guarantees, or market-scale support rather than a straightforward grant.