Monsha’at, Estonia’s Miltton CIO World Sign Deal to Boost Innovation, Entrepreneurship

The Small and Medium Enterprises General Authority "Monsha’at" signed an agreement with the Estonian company Miltton CIO World to enhance innovation, entrepreneurship, and SME development across multiple sectors.

 The agreement, signed at the Biban24 Forum in Riyadh, aims to expand the horizons of Saudi-Estonian cooperation in various innovation fields, foster knowledge sharing, and support entrepreneurs. It enables the hosting of joint events and workshops to enhance capacity building and develop the entrepreneurial ecosystem.

 The agreement encompasses the development of studies and research on innovation and technology, the exchange of information and data, and the organization of events and conferences for knowledge transfer between the two parties.

 The collaboration also empowers SME entrepreneurs to leverage digital knowledge and cutting-edge technologies in sustainability, while enhancing their access to new markets.

 Monsha’at Deputy Governor for Entrepreneurship Saud Al-Sabhan, and Miltton Events chief executive Lehari Kaustel signed the agreement on the third day of Biban24.

 Biban24, hosted by Monsha’at from November 5 to 9, revolves around the theme "Global Destination for Opportunities," focusing on enhancing the innovation landscape and bolstering economic development in Saudi Arabia.

 The forum serves as a platform bringing together investors, entrepreneurs, and decision-makers at the Riyadh Front Exhibition and Conference Center, offering over 10,000 investment opportunities.

 The agreements signed during Biban24 underscore Saudi Arabia's dedication to nurturing a conducive business environment in line with Saudi Vision 2023, aimed at advancing the digital economy and paving the way for promising projects.