Saudi Aramco Co. - Najran, Saudi Arabia

Wa’ed Ventures is the venture capital arm of the Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco to ignite the entrepreneurial spirit in the Kingdom of Saudi Arabia. Wa’ed provides a range of services and financial support, including incubation, coaching, training, seed funding, non-collateral loans, venture capital investments, and business development, to help entrepreneurs establish, enhance, or expand their ventures. These programs are designed to create SMEs that can localize industries and diversify the Kingdom’s economy. Wa’ed also collaborates with key stakeholders to cultivate an effective entrepreneurship ecosystem. The organization is committed to fostering economic growth, diversification, and social development in the Kingdom as it  

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transitions to a knowledge-based economy. Wa’ed Ventures seeks to back high potential companies to drive economic development, create jobs for Saudi nationals, improve technology, transfer knowledge, diversify the economy, and grow the Kingdom's economy. The firm invests in seed, early, and growth-stage businesses in the ICT, energy, manufacturing, healthcare, and services sectors, from mobile application platforms to industrial equipment manufacturing to advanced software solutions.