IMC Saudi Arabia: Fueling the Non-Hydrocarbon Economic Expansion through Targeted Mentoring

Mentoring, institutional support, and venture building are critical economic catalysts in Saudi Arabia’s Vision 2030.

IMC Membership

Join the membership to get discounts on credentials, access mentoring resources and templates, and engage with an international mentoring community. Become a Member.

IMC Credential

Obtain the CAM, CPM, or CMM Credentials from IMC to advance in your career and increase your credibility as a mentor. Start your Application.

IMC Accreditation

Obtaining IMC accreditation for your training facility or organization can help you gain international recognition and optimize your mentoring impact. Get your Accreditation.

Mentoring in Organizations

Display your commitment to employee learning and development by getting an IMC Accreditation for your organization. Apply to be Accredited.

IMC in Saudi Arabia

Saudi Arabia is on course to achieve its vision 2030 initiative to diversify its economy away from just hydrocarbon sales and exports. In spite of occasional global headwinds, the country’s dedication in this regard shows good progress. Strong support for mentoring coupled with economic reforms has opened up opportunities for Saudi citizens to expand their horizons and also attract more FDI into the country.

Monsha’at (the general authority for SMEs) has put in a massive institutional architecture in place that includes mentoring networks and incubators. This connects SME stakeholders directly with experienced business leaders towards increasing the SME contribution to the national GDP from 20% to 35% by 2030. Integrating mentoring with active funding has been able to help propel the Kingdom’s status to that of a regional venture capital leader.

The International Mentoring Center is very excited to be part of the country’s mentoring ecosystem, helping it set the standards that would take their businesses to a global level.

Lead A Chapter

Volunteer for IMC

IMC Events

About IMC

🇸🇦 Mentoring in Saudi Arabia Key Statistics

Fully attributable statistics on how structured mentorship, institutional financing, and a booming VC ecosystem drive SME growth in Saudi Arabia — sourced from public, auditable reports.

As of September 2026 · Sources: Monsha'at, MAGNiTT, SVC, SME Bank

▶ SME Ecosystem Impact VERIFIED

Small & Medium Enterprises (SMEs) Monsha'at

Total registered SMEs	1.3MSMEs reached by the end of 2023	1.3M
Business population share	99%of the Kingdom's businesses	99%
SME GDP contribution	22%progressing towards the 35% target by 2030	22%
SME bank lending	148BSAR in bank lending to SMEs	148B SAR

Sources: Monsha'at / Vision 2030 Tracker — The number of SMEs reached 1.3 million by the end of 2023, representing 99% of the Kingdom's businesses. Bank lending nearly doubled to SAR 148 billion, with a GDP contribution of 22% against a 35% target for 2030.

▶ Venture Capital & Startup Ecosystem VERIFIED

VC Funding & Tech Startups MAGNiTT 2024 Report

Total VC funding (2024)	$750Msecured across the Kingdom	$750M
Total VC deals (2024)	178representing 31% of the MENA region's total deals	178 deals
E-commerce dominance	33%of the country's capital deployment ($247 million)	33%
Startup survival rate	42%five-year survival rate, improving from 30%	42%

Sources: MAGNiTT / Vision 2030 Tracker — Saudi Arabia secured $750 million in venture capital across 178 deals in 2024, accounting for 31% of the MENA region's total deals. E-commerce led with 33% of the capital, and the five-year startup survival rate improved from 30% to 42%.

▶ Ecosystem Funding & Support VERIFIED

Institutional Backing & Mentorship Programs SME Bank · SVC

SME Bank deployment	1B SARprovided to MSMEs from Dec 2022 to Jan 2024	1B SAR
SVC startup backing	700+startups and SMEs supported	700+
Private capital funds	50funds backed by SVC	50 funds
Fintech sector deals	18%of total VC transactions in Saudi Arabia	18%

Sources: Monsha'at / MAGNiTT / SVC — SME Bank provided SAR 1 billion to SMEs from its launch in December 2022 until January 2024. SVC backed 50 Private Capital Funds that supported over 700 Startups and SMEs.

▶ Key Insights — Saudi Arabia

SME Ecosystem Scale

1.3M

The number of SMEs in Saudi Arabia reached 1.3 million by the end of 2023, constituting 99% of businesses.

Monsha'at

VC Funding Leadership

$750M

Saudi Arabia led the MENA region in 2024, securing $750 million in venture capital across 178 deals.

MAGNiTT 2024

Startup Resilience

42%

The five-year startup survival rate has significantly improved to 42%, reflecting stronger ecosystem mentoring.

Vision 2030 Tracker

Massive Bank Lending

148B

SME bank lending nearly doubled to reach SAR 148 billion, expanding access to finance.

Vision 2030 Tracker

SME Bank Financing

1B SAR

Saudi Arabia's SME Bank provided SAR 1 billion to MSMEs between Dec 2022 and Jan 2024.

SME Bank

SVC Institutional Backing

700+

SVC has backed 50 private capital funds, directly supporting over 700 startups and SMEs.

Saudi Venture Capital (SVC)

Data Certification: Every indicator presented above is sourced from publicly available, auditable reports published by Monsha'at, MAGNiTT, the Saudi Venture Capital Company (SVC), and SME Bank. No unverified programme-level estimates are included. All numbers are independently verifiable.

Upcoming Chapters

Riyadh

Status: Launching Soon

Dhahran / Al Khobar

Status: Launching Soon

Jeddah

Status: Launching Soon

Explore Chapters by Regions

Benefits of Mentoring in Saudi Arabia Impact Delivery

How structured mentorship and innovation hubs drive MSME expansion, tech startup scaling, youth entrepreneurship, and women's empowerment across the Kingdom in alignment with Vision 2030.

As of September 2026 · Sources: Monsha'at · Misk Entrepreneurship · The Garage

MSME Resilience & Ecosystem Growth

Monsha'at Advisory Support

Through robust policy frameworks and dedicated SME support centers, the General Authority for SMEs (Monsha'at) has scaled the ecosystem to over 1.2 million active businesses, a staggering 179% increase since 2016.

University Startups Initiative

Promoting an early entrepreneurial culture, Monsha'at's specialized mentoring programs have actively supported over 65,000 university students to transition from academia into venture building.

Tech Startup & Incubation Support

The Garage Global Ecosystem

Situated in Riyadh as the Middle East's largest startup district, The Garage delivers rigorous mentorship that has successfully graduated over 230 startups.

Nurturing Global Founders

By connecting ventures with veteran tech mentors, the facility has provided direct guidance to over 450 startup founders hailing from more than 50 different countries.

Youth Entrepreneurship & Innovation

Misk Foundation Launchpad

Serving as a youth catalyst, Misk Entrepreneurship programs have leveraged expert guidance to help young founders build and launch over 500 Minimum Viable Products (MVPs).

Active Scale-Up Mentoring

The Entrepreneurs Community facilitated ecosystem integration and mentorship impacting over 6,000 beneficiaries, actively accelerating 170+ startups in its dedicated cohorts.

Women's Entrepreneurship & Capacity

Closing the Gender Gap

Propelled by inclusive policy reforms and structured capacity building, women now lead an impressive 45% of all SMEs across the Kingdom.

Tech Sector Integration

Mentorship frameworks and targeted government backing have dramatically accelerated female participation in the information technology and digital enterprise sectors, driving Vision 2030's core diversification mandate.

Accreditation Process

How Organizations in Saudi Arabia Can Get IMC Accreditation

To maintain the highest level of standards in global mentoring, IMC has a rigorous review system to audit your organization’s program quality as part of our strict accreditation process requirements in Saudi Arabia.

Your organization can opt to provide a mentoring program with more than 20 hours of training or a shorter one. This can get you a training accreditation or an endorsed training accreditation.

Your program must include mentoring skills and domain or knowledge development so as to be eligible for accreditation. Every program must incorporate the following three sections compulsorily:

The IMC Definition of Mentoring
The IMC Code of Conduct and Ethics
The IMC Core Competencies (minimum of 3 must for accreditation)

The programs must provide participants with the necessary skills for each credential and ensure that the trainer is the primary mentor supervisor for at least a year.

The accreditation will be valid for three years from the date of issue.

The Accreditation Application Flow

The entire accreditation application process takes around four to six weeks.

Stage 1: Organization Details

Stage 2: Program Details

Stage 3: Instructor Details

Stage 4: Terms and Conditions

Following a successful review, you’ll receive an email notification confirming your IMC accreditation status and a media kit to display your accreditation.

Please feel free to contact us for any further clarification.

FAQs

Where are the local chapters of IMC Saudi Arabia located?

Riyadh
Jeddah
Dhahran / Al Khobar

Who is eligible for an IMC membership?

The IMC offers structured memberships for three groups: Individuals, Organizations, and Academic Institutions. Subject to fulfilling the eligibility requirements, each group is awarded IMC membership.

As an IMC member, how can I get involved beyond general membership?

If you’re an IMC member, you can apply to Volunteer with the IMC, become an IMC Ambassador, or become a Chapter Leader for a specific region.

Does the IMC have an online learning platform?

Yes, the IMC offers an E-Learning Portal with a dedicated login for users. You may register an account, login and apply for membership and credentialing.

Does the IMC address diversity and inclusion?

Yes, Diversity, Equity, & Inclusion (DEI) is a formalized topic within the organization’s core informational framework. Its strategic focus areas include:

Expanding global representation
Investing in diversity education
Creating accessible environments
Implementing equity-focused policies

What is IMC Accreditation?

It is an institutional accreditation granted to training providers and organizations that successfully meet the global IMC standard.

How can I stay updated on IMC news and events?

Users can subscribe to the IMC Newsletter to receive mentoring insights, credentialing news, and updates on global events.

How do I contact IMC UAE?

You may contact us through our page at https://bit.ly/4gPktVW

IMC Saudi Arabia: Fueling the Non-Hydrocarbon Economic Expansion through Targeted Mentoring

IMC Membership

IMC Credential

IMC Accreditation

Mentoring in Organizations

IMC in Saudi Arabia

Lead A Chapter

Volunteer for IMC

IMC Events

About IMC

🇸🇦 Mentoring in Saudi Arabia Key Statistics

SME Ecosystem Scale

VC Funding Leadership

Startup Resilience

Massive Bank Lending

SME Bank Financing

SVC Institutional Backing

Upcoming Chapters

Riyadh

Dhahran / Al Khobar

Jeddah

Explore Chapters by Regions

Benefits of Mentoring in Saudi Arabia Impact Delivery

MSME Resilience & Ecosystem Growth

Tech Startup & Incubation Support

Youth Entrepreneurship & Innovation

Women's Entrepreneurship & Capacity

Accreditation Process

FAQs

Join IMC Saudi Arabia

SUBSCRIBE

To IMC Newsletter!

Get Involved

Follow us online

Get Involved

Drop us a line