SAVCPEA Launch Investment Products related to the Debt, Venture Funds

The Saudi Arabian Venture Capital and Private Equity Association (SAVCPEA) launched investment product related to providing debt funds and other funds also providing venture debt funds, following the approval of the financial sector development committee, a panel that is overseeing some aspects of the Kingdom vision 2030.

Investing in the start-ups, small as well as medium size enterprises, is recently, flourishing in the Kingdom, however, this very aspect relating to the providing venture debt’s tools, constitutes the main financial gap, in the growth financing chain.

Such investment would put at avail of rapidly growing industries furthermore financial solutions, in order to give a hand t the growth, expansion of the industry, and to avoid downsizing the current investors’ stake or interest, in the domain.

Enabling such a vital sector would provide the start-ups, small and medium size enterprises with as much as SR2.8 billion.

Two Zakat Entities Incorporated