The Biban 2025 forum, organized by Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at), has received the Global Business Outlook Award 2026 for “Best Initiative for SME Ecosystem Development.” This recognition solidifies the forum’s position as a key Saudi initiative supporting the growth of small and medium-sized enterprises both locally and internationally.
Quick Facts
- Award: Global Business Outlook Awards 2026 for SME development.
- Previous Impact: Over SAR 38 billion in agreements and launches.
- Global Reach: 1,021 startups from 66 countries participated.
A Landmark Event for the Kingdom’s Startups
The award follows a highly successful previous edition of Biban, which cemented its reputation as a major global event for the entrepreneurship sector. The forum generated over SAR 38 billion in agreements and new launches, demonstrating significant investment activity.
The event attracted substantial international interest, with more than 1,021 startups from 66 different countries participating. The large-scale gathering drew a crowd of over 100,000 visitors, highlighting its role as a central hub for founders, investors, and ecosystem players.
International Recognition for a Saudi Initiative
The Global Business Outlook Awards are an international prize that acknowledges public and private sector organizations for excellence in performance, innovation, and economic transformation. The win places Biban among other Saudi government entities that have been recognized in recent years, reflecting the Kingdom’s increasing presence in relevant international forums.
This award reinforces Biban’s status as a critical platform that connects startups with opportunities and supports the expansion of investment activity in Saudi Arabia and beyond.
About Biban
Biban is a premier forum organized by Monsha’at, Saudi Arabia’s General Authority for Small and Medium Enterprises. The event is designed to empower entrepreneurs and SME owners by providing a platform for networking, collaboration, and accessing new opportunities. It serves as one of the world’s leading events in the entrepreneurship sector, connecting local and international stakeholders to foster growth and innovation within the SME ecosystem.
Source: Mubasher
