A strategic partnership with the Ministry of Industry and Mineral Resources to support entrepreneurs and build innovative ideas.
In a move aimed at promoting entrepreneurship and supporting innovation in the Kingdom of Saudi Arabia, Renz announced a strategic partnership with the Ministry of Industry and Mineral Resources to provide specialized consulting and launch innovative business incubators that contribute to building and supporting creative ideas for emerging projects.
Reigns was represented at the signing of this partnership by Talal Al-Osaimi, one of the Kingdom’s leading experts in innovation and entrepreneurship. He expressed his aspiration to achieve a qualitative shift in empowering and supporting entrepreneurs through this unique partnership.
Promoting innovation and building ideas
This partnership is a pivotal step aimed at facilitating the launch of startup projects by providing a comprehensive and integrated work environment, dedicated to providing the necessary tools to develop ideas and transform them into successful projects. Mr. Talal Al-Osaimi emphasized that Renz is committed to leveraging its expertise to provide advisory solutions and business incubators that foster a culture of innovation and contribute to building a sustainable entrepreneurial ecosystem.
Integrated programs to support entrepreneurship
He also explained that the partnership will focus on offering specialized programs that include training and mentoring, in addition to consulting that enhances entrepreneurs’ ability to face challenges and transform their ideas into tangible projects. He also pointed to the importance of building collaborative networks among various stakeholders to support emerging projects and achieve the goals of the Kingdom’s Vision 2030.
Supporting national industry
This step comes within the framework of joint efforts between the public and private sectors to support national industry and diversify the economy. The Ministry of Industry and Mineral Resources emphasized that this partnership is a strategic step to drive economic growth by investing in young minds and supporting innovators.
A promising future vision
This partnership reflects an ambitious vision for achieving excellence in innovation and entrepreneurship. Led by Talal Al-Osaimi, Renz seeks to provide innovative solutions that enhance the success opportunities of emerging projects and create a work environment that stimulates creativity and sustainable growth.
This initiative represents a significant turning point in supporting entrepreneurship in the Kingdom, contributing to achieving the goals of Vision 2030, which focuses on developing the non-oil sector and supporting the knowledge economy.










