A
Despite multiple programs and significant progress, challenges remain in the entrepreneurial support ecosystem in KSA
Pressing challenges in the entrepreneurial support ecosystem
Regulations
Financing
Information, and capabilities
Business support & development
Non-Exhaustive
Insufficient ability of MSME ecosystem to support knowledge development Challenges in access to know-how and capabilities
Relatively high
Limited sources and availability of funds for MSMEs Limited Private sector funding to MSMEs Not fully activated certain key sources of funding for MSMEs
Limited tangible business development support from incubators and accelerators to MSMEs
Government fees and taxes (and increasing) Cumbersome licensing processes
Source: Expert interviews, desk research, Kearney
10
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