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Saudi Aramco - Entrepreneurship

Wa'ed's Venture Capital (VC) providis direct equity investment to companies that are looking for a venture partner. Investing in a broad range of early-stage companies through existing corporations looking to expand, Wa'ed VC aims to support the development of small and medium-sized enterprises, with the overall objective of fostering economic development in the Kingdom of Saudi Arabia. Wa'ed VC is comprised of an eclectic, broad-ranging yet unified group of individuals who promote an open and welcoming environment, ripe for prosperity and innovation.
For a deeper understanding of the entrepreneurs’ needs, in order to better support them, Wa'ed VC promotes an atmosphere that encourages real-time engagement with entrepreneurs.
Wa'ed VC advocates an approach that differs from typical Venture Capital functions that focus exclusively on one objective: profit. At Wa'ed VC, the focus is not only on profit, but also on the creation of quality jobs and economic diversification in Saudi Arabia. Therefore, it is a VC function with a national agenda.