Entrepreneurs' Community Impact Report
Launched in 2023 by Misk Foundation, the Entrepreneurs Community has become a key driver of Saudi Arabia’s entrepreneurial ecosystem, facilitating over SAR 4.9M in member deals, SAR 6.5M in services, and impacting 6,000+ beneficiaries through a growing network of 800+ active contributors.
Insights from the Entrepreneurs Community
The Entrepreneurs Community was established in 2023 as an initiative under the Entrepreneurship Track - one of the Misk Foundation’s tracks. The Entrepreneurs Community fosters an ideal environment for developing Saudi Arabia’s entrepreneurial ecosystem. It facilitates access to opportunities, cultivates networking, and strengthens collaboration across the ecosystem.
In this Annual Impact Report, we spotlight the growth and momentum of the entrepreneurial scene in Saudi Arabia in recent years. The numbers speak for themselves: SAR 2.8 billion is the approximate total value of venture capital deals closed in Saudi Arabia in 2024, across 178 deals. Notably, 40% of the investment share is held by Saudi Arabia across MENA — the largest in the region.
This dynamic growth is supported by Misk Foundation through a range of events and initiatives led by the Entrepreneurs Community, delivering value through three core pillars:
- Access to Opportunities
- Network and Exposure
- Guidance and Growth
Sustaining the growth of Saudi Arabia’s entrepreneurial ecosystem has been made possible through several key contributions:
- SAR 4.93M - Cumulative value of deals secured by members, supported or facilitated by the Entrepreneurs Community.
- SAR 6.5M - Total value of perks and services distributed to members in 2024.
- 58% Of members reported that being part of the Entrepreneurs Community contributed at least moderately to their sales growth.
- 6K+ - Beneficiaries reached through online and in-person touchpoints and events.
With over 800 active members, including entrepreneurs, investors, mentors, as well as service and perks providers, the Entrepreneurs Community thrives on collaboration. Each member plays a vital role in driving impact and achieving shared success.
