Ministry of Commerce wins Compass Award for role in stimulating, empowering global entrepreneurship
The Global Entrepreneurship Network (GEN) has announced that the Ministry of Commerce won the Compass Award, which is granted to global leading system for individuals, organizations or societies that have big influence at the international level in enabling entrepreneurs to establish startups and contributing their growth around the world.
The ministry won the award category (One Global Ecosystem Award), which is granted to organizations that had influence in connecting a wide group of stakeholders that help entrepreneurs start their commercial activities and expand businesses globally.
On behalf of Minister of Commerce Majid Al-Qasabi, Governor of the Small and Medium Enterprises General Authority (Monsha'at) Saleh Al-Rasheed received the award during the Global Entrepreneurship Congress in Riyadh.
Monsha'at won the (Brand Champion Award), which is granted to members of GEN that embodies and reflects the trademark of the network in the best way through implementing programs and initiatives via an approach that is characterized by innovation and entrepreneurship to insert new programs.