His Royal Highness Prince Fahd bin Mansour bin Nasser bin Abdulaziz will represent Saudi Arabia in the G20-Startup20 engagement group, LEADERS MENA learned. Startup20 engagement group is one of the 11 official networking groups and was launched this year under the Indian Presidency of G20 2023. The group is distinguished as the first official group specialized in emerging companies, which are considered the most critical engines of economic growth and sustainable development.

The group seeks to communicate the voice of the global start-up system through the G20 countries, and recommendations will be developed to be formally submitted to the G20 leaders for consideration. Outreach groups are independent collaborative groups led by civil society organizations in the host country each year.

Prince Fahd bin Mansour expressed his gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and ‏His Royal Highness Prince Mohammed bin Salman bin Abdulaziz. Crown Prince and Prime Minister (May (Allah) God Protect them), for the exemplary support they provide to entrepreneurs.

“Today we witness the impact of this support on the entrepreneurship system in the Kingdom. This has resulted in accelerated growth in our national economy,” HRH Prince Fahad bin Mansour Alsaud said. Prince Fahd bin Mansour stressed the importance of the Kingdom’s participation in the Startup20 official group summit, as the Kingdom is a leading country in entrepreneurship and an enabler for startups under Vision 2030, which aims to raise small and medium enterprises’ contribution to GDP from 20% to 35%. ہ.

“The Startup Summit in India will be an opportunity to exchange creative and innovative ideas, find strategic partnerships and investment opportunities, and learn about the experiences of the G20 countries, in addition to promoting the projects of Saudi entrepreneurs “ HRH Prince Fahad bin Mansour Alsaud added.

Prince Fahd bin Mansour was appointed to represent the Kingdom due to his extensive entrepreneurial experience. He founded several successful companies in various fields. He holds a Bachelor’s degree in Entrepreneurship from Loyola Marymount University, Los Angeles, California. Prince Fahd bin Mansour chairs the Board of Directors of the Saudi Entrepreneurship Vision. This was established in 2020 to support the entrepreneurship system in the Kingdom and link it to the world through global partnerships and international participation. Prince Fahd has previous experience representing the Kingdom by chairing the Young Entrepreneurs Union summit. This was under the umbrella of the Kingdom of Saudi Arabia’s G20 presidency in 2020.

Credit: Independent News Pakistan: INP