Directors Message
The Kingdom of Saudi Arabia is witnessing strategic transformations and significant advancements across all sectors, particularly in the economic and social domains. These developments are driven by a clear vision and exceptional leadership ambition, reflecting the nation’s strong belief in Saudi youth as the central force behind innovation and economic growth. Given that youth constitute more than 70% of the population, the Kingdom places great emphasis on empowering this critical segment by providing opportunities to transform their creative ideas into sustainable commercial enterprises that meet local market demands. This is achieved through strengthening the entrepreneurship ecosystem and supporting small and medium enterprises (SMEs).
Within this context, the knowledge-based economy has emerged as a crucial pillar, validated by both global and local experiences, as an effective driver for economic diversification, innovation enhancement, and job creation. These efforts are aligned with the strategic goal of increasing the contribution of SMEs to 35% of the Gross Domestic Product (GDP) by 2030, thereby realizing the ambitious Vision 2030.
Regionally, Al-Baha is endowed with promising economic potential, especially in agriculture, tourism, and mining sectors. Despite its relatively small size, the region has historically proven itself to be an effective incubator for entrepreneurs, significantly contributing to the national economy. Thus, establishing an integrated center dedicated to supporting entrepreneurial and innovative projects in Al-Baha has become a strategic necessity.
Acknowledging the pioneering role of Al-Baha University in driving regional economic and social development, and leveraging its qualified human resources and excellent infrastructure, the Center for Business Incubators and Entrepreneurship was established at the university. This center serves as a supportive platform for entrepreneurs, including students, graduates, faculty members, and the local community, contributing significantly to achieving the Kingdom’s Vision 2030 objectives.
Abdulaziz Mohammed AlNfier
Director of Incubators and Entrepreneurship Center
