Small and medium-sized enterprises (SMEs) hold vast potential to drive economic growth and prosperity. Supporting these enterprises in Saudi Arabia so they can continue to thrive and grow will help nurture a more diverse and vibrant economy. Their development can help create the next-generation of skilled workforces in our industry and beyond.
This is where the Aramco Taleed program comes in. It is the third stage in Aramco’s four-stage venture life-cycle support initiative — coming after the pre-seed (LAB7) and start-up (Wa’ed Ventures) stages. It is designed to support Saudi SMEs to grow from being a viable business to becoming a well-established SME or major corporation, by nurturing the SME ecosystem that can accelerate their growth and with it their ability to create jobs.
The following and final stage is the Namaat program, which will nurture trailblazing organizations with the potential to become National Champions — those who are able to lead and shape their industry, and create impact on a national or even global scale.