Opportunity platform: SAR 2.6 billion in commitments for small and medium enterprises
The Human Resources Development Fund (HRDF) announced that its "Fursa" platform, a key service of the "Nine Tenths" program, achieved a remarkable economic milestone in 2025, with the value of approved opportunities for small and medium-sized enterprises (SMEs) registering exceptional growth of SAR 2.6 billion. These figures underscore the success of national strategies aimed at empowering the emerging business sector and connecting it to major economic drivers.
Rapid growth and unprecedented figures
Official data revealed that the platform achieved a growth rate exceeding 122% compared to the previous year, 2024, reflecting the increasing confidence in its digital solutions. November 2025 alone saw the highest figure in the platform's history since its launch, with the value of commitments surpassing SAR 800 million in a single month. With this achievement, the total value of opportunities and commitments since the platform's inception has risen to over SAR 5 billion, solidifying its position as a vital artery for small and medium-sized enterprises (SMEs).
The role of "Nine Tenths" in supporting the national economy
The “Fursa” platform is an integral part of the “Nine Tenths” program, launched by the Human Resources Development Fund to accelerate entrepreneurship in the Kingdom. The platform serves as a reliable digital bridge connecting government buyers and large private sector companies with suppliers from small and medium-sized enterprises (SMEs). This connection not only facilitates access to tenders and procurement opportunities but also promotes transparency and equal opportunity, enabling startups to compete fairly and win contracts that ensure their financial sustainability and expansion.
Expanding the beneficiary base and economic impact
Growth wasn't limited to financial value; it extended to the user base, with the number of registered suppliers on the platform exceeding 38,000. This significant expansion reflects the platform's success in providing an effective user experience and advanced technological solutions that meet market needs. This economic activity directly contributes to enhancing the efficiency of local content, creating new job opportunities for Saudi youth, and stimulating innovation in the services and supply sector.
Alignment with the objectives of the Kingdom's Vision 2030
These positive results are perfectly aligned with the goals of Saudi Vision 2030, which has placed the small and medium-sized enterprises (SMEs) sector at the forefront of its economic priorities. The ambitious vision aims to increase the contribution of this vital sector to the GDP from 20% to 35% by 2030. Platforms like "Fursa" play a pivotal role in achieving this goal by removing financial and operational obstacles and opening up new business opportunities that were previously the preserve of large corporations.
The Fund affirmed its commitment to continue developing the platform’s technical capabilities during 2026, to ensure continued growth and the provision of quality services that meet the Kingdom’s economic aspirations and enhance the competitive business environment.
