The Small and Medium Enterprises General Authority of Saudi Arabia announced the establishment of HUB1006, an operating entity for a series of entrepreneurial hubs that is focused on growing the SME and startup sectors across the Kingdom.
HuB1006 was launched during the Impact to Innovation (i2i) Roundtable, which was organized as part of the US presidential visit, in order to realize the goals of Vision 2030 and the National Transformation Program (NTP) led by Deputy Crown Prince Mohammed Bin Salman.
Dr. Ghassan Al Sulaiman, governor of the SME Authority, said: “We are launching HUB1006 to facilitate the growth of the entrepreneurship sector and to drive innovation across a wide range of industries. The new operating platform will adopt an inclusive approach, bringing together men and women from across the Kingdom and other parts of the world to grow the collective value proposition of the entrepreneurial community. By establishing HUB1006 the government will boost employment, especially HUB1006 the government will boost employment, especially amongst the younger Saudi population, and create a more sustainable economic model that allows all citizens to thrive.”
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