Prince Fahd bin Mansour bin Nasser bin Abdulaziz

In a discussion about global entrepreneurship, a new initiative called Startup20 emerges as a significant development. It originates from Saudi Arabia and is part of the G20 engagement groups, similar to B20 and W20. The initiative aims to foster entrepreneurship worldwide, with ambitious goals like creating a one trillion dollar annual fund for startups. Saudi Arabia is becoming a global hub for entrepreneurs and venture capitalists, offering numerous opportunities and incentives under Vision 2030. NEOM, a strategic partner, acts as a magnet for dreamers and innovators, providing a live lab for launching and testing ideas. The initiative supports cross-border interactions, helping Saudi entrepreneurs expand globally and attracting international entrepreneurs to Saudi Arabia. The discussion highlights the role of NEOM in supporting sustainable innovation and attracting global talent.