The Saudi Cultural Development Fund (CDF) announced its participation in the Biban Forum 2025, organized by the Small and Medium Enterprises General Authority (Monsha’at) in Riyadh.
The fund is taking part as a sponsor of cultural leadership, reflecting its commitment to fostering an entrepreneurial environment that supports cultural projects and empowers the growth of businesses and entrepreneurs in the cultural sector, SPA reported on Wednesday.
Throughout the forum, the fund will hold a variety of activities across the forum’s sections, including a main pavilion within the Funding and Investment Door to showcase its financial solutions, particularly cultural financing, designed to support micro, small, and medium enterprises across all cultural fields. The CDF will also present its development solutions to promote cultural entrepreneurship.
In addition, CDF CEO Majed Al-Hogail will participate in a dialogue session to highlight the fund’s innovative financing models to support the growth of cultural institutions. He will also discuss the transformation of the cultural sector under Saudi Vision 2030, positioning culture as a key driver of sustainable development and underlining its economic and social impact.
As part of its empowerment efforts, the CDF is enabling 20 cultural enterprises to participate in Startup Door, providing them with opportunities to showcase their services to visitors and investors and to strengthen their presence within the Kingdom’s entrepreneurial ecosystem.
This initiative underscores the fund’s dedication to helping beneficiaries expand their networks and build partnerships that enhance their local and global reach.
At the Business Support Center, the fund is offering free, specialized consultations to entrepreneurs on financial, administrative, and technical aspects of their cultural projects, helping them overcome challenges, develop their skills, and successfully establish and operate sustainable cultural ventures.
