Funding Institutions

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INET

A Saudi company established in 2001 in Riyadh to provide turnkey IT solutions, including networking, cybersecurity, cloud computing, connectivity and Internet solutions.  iNet has also achieved remarkable innovations in payment networks and prepaid solutions, included banking services, software and financial technologies.  We are licensed and approved by Saudi Communications, Space & Technology Commission to provide communication and Internet services, and by Saudi Central Bank as a payment solutions provider.

STV - Saudi Technology Ventures

STV (Saudi Technology Ventures) is the largest technology VC fund in the Middle East. With over $800 million in capital, STV backs and scales the region’s most exciting and disruptive technology companies.


Forus

We provide faster and easier access to business finances with attractive APR. Forget expensive credit cards and inflexible overdrafts — consider an affordable business finance to grow your business today.

Indirect Loan Initiative

The Indirect Lending Initiative for Small and Medium Enterprises (SMEs) opens new horizons and channels for lending to SMEs through licensed financing companies in the Kingdom. It aims to introduce platforms and financial tools that the SME sector needs to ensure its sustainability and business growth.

The initiative enhances SME and entrepreneur lending in the Kingdom through financing companies licensed by the Saudi Central Bank. These companies, in turn, offer competitive financing solutions to SMEs, including favorable terms such as repayment schedules, financing duration, profit margins, and collateral requirements.


Wa'ed Ventures

Backed by Aramco, Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

Riyadh Valley Company

Riyadh Valley Co. was established in 2010 by Royal Decree No. 116 dated 13/4/1431 AH, to be the investment arm of King Saud University in the fields of Knowledge economy and the university strategic projects and Riyadh Valley Company aims to contribute effectively in the development of the knowledge economy, through a partnership between educational and research institutions and the investment community on a commercial basis by investing in joint projects that refine the experiences and practical application of university students and professors.

Agricultural Development Fund

29 Muharram 1430AH, after looking into decision no. (106/71) made by the Consultative Council, on 4 Safar 1429AH, the Council of Ministers approved the system of the ADF with the form attached to the decision. Some of the system’s most prominent features: This system replaces the system of the Saudi ADF. The Fund's capital is SAR 20 billion. Capital increase may be made by a decision of the Council of Ministers, taking into consideration water conservation and rationalizing its uses in agriculture as well as environment conservation. The Fund aims to support and sustain agricultural development by providing loans and credit facilitations. 

BECO Capital

As the first venture capital firm in the GCC, BECO Capital has the longest track record in Gulf with two unicorn exits and a portfolio of the region's most iconic success stories. With $500M in AUM across four funds, BECO Capital is the largest non-government early-stage venture firm in the Gulf.
BECO Capital gets its name from the rocket launch event Booster Engine Cut Off, which occurs when the vessel has achieved sufficient altitude to exit the earth’s atmosphere. Our mission is to drive true innovation and progress in the region whilst being the most impactful investor, partner, and friend to the most talented founders the Gulf has to offer.


Vision Ventures

Vision Ventures is a sector-agnostic VC firm “By Entrepreneurs, for Entrepreneurs”. We invest in early-stage tech startups in MENA since 2016 offering hands-on experience to assist founders in their journey and empower them to accelerate their companies’ growth and realize their dreams.

Kafala Program - Riyad Bank

Funding small and medium enterprises (SMEs) that might not be able to source financing through normal banking channels. 
Riyad Bank Kafala Program provides a wide range of financing solutions tailored to SMEs in the Kingdom.

Kafala program offered by Riyad Bank ensures the facilities for fixed assets purchase or capital financing for the project, as well as all works based on the contracts.