RIYADH: The Premium Residency Center has awarded the “Entrepreneurship Residency” permit to more than 100 entrepreneurs from over 20 countries during the Biban 2025 Forum.
Organized by the Small and Medium Enterprises General Authority, known as Monsha’at, the four-day event — held at the Riyadh Front Exhibition and Convention Center under the theme “A Global Destination for Opportunities” — serves as a key platform to support startups and promote entrepreneurship in .
The initiative is part of the center’s ongoing efforts to strengthen the Kingdom’s position as a global hub for talent, innovation, and investment. It also supports ’s Vision 2030 objectives to create a competitive, diversified economy that fosters innovation and empowers entrepreneurs.
The “Entrepreneurship Residency” is one of the center’s flagship offerings, designed for founders of startups with innovative technological solutions who aim to grow their ventures within the Kingdom. The program contributes to the national economy by enabling high-impact ventures and creating quality job opportunities.
The center said granting premium residency to entrepreneurs reflects ’s commitment to attracting global innovators and enabling them to expand their businesses in an ecosystem that encourages competitiveness and economic sustainability.
The Premium Residency Center currently offers seven residency products: Exceptional Talent Residency, Talent Residency, Business Investor Residency, Entrepreneur Residency, Property Owner Residency, Fixed-Term Residency, and Indefinite-Term Residency.
These residencies provide holders with a range of benefits, including residency in the Kingdom with family members, the ability to conduct business, property ownership, and the right to host relatives, among other privileges.
Biban 2025 plays a key role in advancing ’s entrepreneurship landscape by connecting founders with investors, enabling knowledge exchange, and expanding business growth opportunities both locally and globally.
