Saudi Arabia is rapidly emerging as one of the world’s fastest-growing startup destinations, driven by Vision 2030 and supported by regulatory reform, rising venture activity, and a nationwide innovation infrastructure. The Entrepreneur License (Riyadi License), issued by the Ministry of Investment, has become a strategic entry route for early-stage founders seeking a compliant and fully recognised presence in the Kingdom.
Key insights from this report highlight:
A rapidly expanding startup ecosystem with over 1,700 active startups and strong year-on-year growth.
Approximately USD 860 million in venture funding recorded in H1 2025, with Saudi Arabia capturing more than half of total MENA investment.
The Entrepreneur License as a preferred pathway for foreign innovators, enabling fast licensing, operational capability, and employee sponsorship.
Eligibility focused on genuine innovation, clear business models, and market-entry strategies aligned with national priorities.
Download our report to explore how the Entrepreneur License can help innovators establish, operate, and scale in Saudi Arabia.