Riyadh, November 9, 2022, SPA -- Web Summit – which is the biggest gathering for technological companies in Europe that is annually attended by more than 70,000 visitors from 160 countries – has concluded in Lisbon. The event also saw the participation of entrepreneurs, innovators, decision makers and investors, in addition to global speakers and experts. The Small and Medium Enterprises General Authority (Monshaat) participated in the conference through supporting and empowering 6 Saudi startups to participate in the event through providing areas for Saudi entrepreneurs to showcase their entrepreneur projects for investors and interested people and meet their counterparts from across the globe, in addition to benefiting from discussion panels and various events of the conference. Monshaat was keen to select promising pilot projects to be presented to the visitors of the conference, varying between technology, data science, management and others, where the event saw the participation of Lendo platform, which provides its services in FinTech, the Syarah platform specialized in selling new and used cars online, "Quant", which provides services in data analysis, "Karaz", which specializes in the health sector, and "Lucidya", which provides various services in data analysis and "taskeer" that is specialized in organizing and managing associations. This year's Web Summit saw the attendance of more than 1,000 investors, the participation of 2,300 startups, and discussion panels involving more than 1,000 speakers, in addition to business incubators and accelerators, and spaces for innovation, discussion, consultation and workshops. Monshaat constantly designs and develops stimulating programs, initiatives and services for the SME sector and entrepreneurs, spreads the culture and idea of free work, entrepreneurship, initiative and innovation, and diversifies sources of financial support for enterprises to enhance their growth and sustainability. --SPA 16:00 LOCAL TIME 13:00 GMT 0017 www.spa.gov.sa/w1811189