Riyadh – BETH

Saudi Minister of Commerce, Chairman of the Board of Directors of the Small and Medium Enterprises General Authority “Monsha’at”, Dr. Majid bin Abdullah Al-Qasabi, crowned the winners of the World Cup for Entrepreneurship (EWC) finals during “BIBAN 2025” in Riyadh, in the presence of Monsha’at Governor Sami Al-Hussaini, MISK Foundation CEO Dr. Badr Al-Badr, and senior officials and decision-makers.

The finals witnessed the participation of the top 100 startups representing 47 countries, within the world’s largest entrepreneurial competition platform, with total prizes exceeding USD 1.5 million.

Awards Results:

Early Stage:
1st Swijin AG (USD 250K) – 2nd MabLab (USD 200K) – 3rd SARsatX (Saudi Arabia) (USD 150K) – 4th Aruna Revolution (USD 100K) – 5th DATAYOO (USD 50K)

Growth Stage: Brelyon 1st place (USD 175K) – DeafTawk 2nd place (USD 100K)

Idea Stage: Tasmanion 1st place (USD 50K) – KLORA 2nd place (USD 25K)

SpaceTech Track: four USD 100K awards — Stitch3D (Space Mining) – SpaceMap (Public Safety) – Sytemap (Smart Construction) – eAgro (Crowd Management)

The EWC provides tools, training, and international mentorship to help startups scale, access global markets, and build sustainable commercial growth.

Honoring the Top Financing Entities Supporting Micro, Small and Medium Enterprises in 2024

The Minister also honored the top financing entities supporting MSMEs for 2024, during the closing ceremony of “BIBAN 2025” — under the theme “A Global Destination for Opportunities”:

Riyad Bank: Highest financing for Medium Enterprises

Saudi National Bank (SNB): Highest financing for Small and Micro Enterprises

AlAwwal Bank: Highest growth rate in financing

Abdul Latif Jameel United Finance: Highest financing and growth among private companies

Analytical Note – BETH

BIBAN is no longer an arena to display ideas… it has become Saudi Arabia’s platform to reshape the global map of venture capital.

Saudi Arabia is shifting from only attracting startups… to defining the investment rules of entrepreneurship in the region.

Honoring financing entities is not ceremonial — it is a declaration that:

Who funds innovation… becomes part of the next global power economy.

BIBAN 2025 confirms that Riyadh is transitioning from a consumer market… to a global capital city of entrepreneurial future-making.