Saudi’s MISA, PIF-backed Jada team up to foster startup ecosystem

Saudi’s MISA, PIF-backed Jada team up to foster startup ecosystem

The Ministry of Investment of Saudi Arabia (MISA) and Jada, a fund of funds company fully owned by the Public Investment Fund (PIF), have partnered to stimulate the Kingdom’s flourishing startup and innovation sector and support its economic diversification journey through ‘Catalyze Saudi’.

As part of the partnership, MISA and Jada will host a series of Catalyze Saudi events with global and Saudi entrepreneurs and investors. It will feature networking, learning and engagement opportunities, with the first to be held this month in Jeddah and Riyadh under the theme of disruptive technologies. Events hosted by the platform later this year will explore the opportunities in the private equity and healthcare sector.

The objective of the program is to connect leaders affiliated to government agencies, innovative startups institutional investors and leading family offices to participate in highly interactive roundtable discussions, and ultimately reinforce the impact and role of the private sector in the Saudi economy.

Khalid Al Falih

Minister of Investment

Saudi Arabia “Innovative startups are the bedrock of developed industrial economies, which is why Saudi Arabia placed support for the sector at the heart of its National Investment Strategy. We are committed to supporting the next generation of entrepreneurs and we know that access to