Monshaat says 69 small enterprises benefit from Tomoh-ELITE program

Saudi Arabia's Small and Medium Enterprises General Authority (Monshaat) announced that 69 small and medium-sized enterprises (SMEs) benefited from Tomoh-ELITE program during the first four phases.

More than 10 companies were nominated to benefit from the financial incentive.

The authority tweeted that the program contributes to the development of enterprises through launching several training programs and linking them to a network of local and international investors and advisors to boost the growth of these companies and refinance them.

The move aims to qualify the SMEs to join the global ELITE network and benefit from its services.