Sao Paulo, September 11, 2024 — The Kingdom of Saudi Arabia is actively participating in the STARTUP 20 Summit taking place in São Paulo, Brazil, from September 9 to 11, 2024. The Saudi delegation is led by Prince Fahd bin Mansour bin Nasser bin Abdulaziz, with NEOM serving as a primary strategic sponsor for the event. The summit focuses on fostering collaboration between Saudi Arabia and G20 nations in the realms of entrepreneurship and startup investment, with an emphasis on innovation and addressing global challenges faced by entrepreneurs.
Prince Fahd highlighted that this participation presents a valuable opportunity to advance innovation and share expertise with G20 countries. He noted that Saudi Arabia aims to contribute to the development of a comprehensive global framework that supports entrepreneurship and enhances its capacity to tackle emerging challenges. This engagement aligns with the goals of Saudi Vision 2030, which seeks to bolster innovation and elevate the role of small and medium-sized enterprises in driving the national economy.