Monsha’at Signs Six MoUs at Saudi-US Investment Forum to Boost SME Innovation

   Washington, November 21, 2025, SPA -- The Small and Medium Enterprises General Authority (Monsha’at) signed six memoranda of understanding (MoUs) with international partners—The BTL Group, National Drug Source, Functional Fluidics, Puzzle Healthcare, CircNova, and Alerje—during the Saudi-US Investment Forum in Washington, D.C.
   These MoUs are designed to support entrepreneurship and innovation in key areas, including technology services, business development, and health technologies, aiming to empower SMEs and enhance their growth across various technology and innovation sectors.
   This initiative is part of Monsha’at’s broader effort to expand international cooperation, foster knowledge exchange, and ensure sustainable growth for startups, aligning with Saudi Vision 2030’s goal of building a diversified, knowledge-based economy. The partnerships reaffirm Monsha’at’s commitment to creating an attractive investment environment in promising sectors and enhancing the global presence of Saudi SMEs by connecting them with leading international entities and enabling access to modern technologies and quality growth opportunities.
   -- SPA