An integrated national strategic framework aimed at expanding access to advanced financing, enhancing institutional readiness, and increasing the contribution of small and medium enterprises to the national economy, in line with the objectives of the Kingdom of Saudi Arabia’s Vision 2030.
The framework is based on expanding access to advanced financing sources, channels, tools and products, dedicated exclusively to small and medium enterprises, with preferential financing cost margins that enhance business sustainability.
Diversifying financing tools and improving the efficiency of capital flows contributes to providing competitive financing solutions that support the growth of establishments and enhance the resilience of the financial system in the Kingdom.
Innovative and preferential financing solutions for small and medium enterprises
This national framework contributes to supporting the objectives of Saudi Vision 2030 by enabling small and medium enterprises to be a major driver of economic growth, enhancing the role of the private sector, and increasing its contribution to the gross domestic product.
The framework focuses on improving financial inclusion, enhancing productivity, and building a resilient, competitive, and sustainable business sector that supports the Kingdom’s economic diversification and comprehensive development.
Enhancing creditworthiness and access to sustainable finance
Integrated strategic programs have been designed and implemented to raise the level of institutional, organizational and operational readiness of small and medium enterprises, ensuring their compliance with national and international standards.
Institutional and operational readiness programmes
This national framework calls on all relevant stakeholders, including policymakers, regulators, financial institutions, investors, and development partners, to collaborate in supporting the growth and empowerment of small and medium enterprises.
Through partnership and integration, a sustainable economic impact can be achieved, the sector's competitiveness can be enhanced, and the goals of Saudi Arabia's Vision 2030 can be accelerated.
