The financing of the knowledge bases is expanded with the participation of banks and investors.
The Chairman of the Board of Directors of the Innovation and Prosperity Fund announced the expansion of funding to knowledge-based companies with the participation of banks, research and technology funds and venture capitalists and said: Increasing the funding ceiling through research and technology funds to 400 billion riyals is one of the most important axes in the new policy of this fund to accelerate the commercialization of technology.