At a time of great change, optimism and hope in the Arab World, The Forum of Young Global Leaders is delighted to collaborate with Booz & Company to produce a report highlighting 10 recommendations to promote a vibrant entrepreneurial ecosystem across the region
The Doing Business project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional level.
The Doing Business project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
A fundamental step to building an entrepreneurial ecosystem is to assess the existing situation. As such, the purpose of this research is to analyze the different domains of Saudi Arabia’s entrepreneurial ecosystem. This also entails identifying and examining the stakeholders whose contributions are critical to the success of the entrepreneurial community in Saudi Arabia
The number of entrepreneurship support organizations in the KSA, including funds, coworking spaces, incubators, and accelerators, has nearly tripled, growing from 13 between 2006 and 2010 to 36 between 2011 and 2015.
This is one of the key findings of “The Kingdom of Saudi Arabia: Status of the entrepreneurship ecosystem”, a Wamda Research Lab (WRL) report highlighting the entrepreneurial ecosystem in the Kingdom, the challenges entrepreneurs are facing, and the opportunities they have.