{"id":44150,"date":"2025-05-02T22:13:10","date_gmt":"2025-05-02T19:13:10","guid":{"rendered":"https:\/\/entarabi.com\/?p=44150"},"modified":"2025-05-03T00:35:41","modified_gmt":"2025-05-02T21:35:41","slug":"waed-ventures-signs-strategic-mou-with-the-ministry-of-environment-water-and-agriculture-to-support-sustainability-and-entrepreneurship","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/05\/waed-ventures-signs-strategic-mou-with-the-ministry-of-environment-water-and-agriculture-to-support-sustainability-and-entrepreneurship\/","title":{"rendered":"Wa&#8217;ed Ventures Signs Strategic MoU with the Ministry of Environment, Water and Agriculture to Support Sustainability and Entrepreneurship"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>Wa\u2019ed Ventures Announces Strategic MoU Signing with the Ministry of Environment, Water and Agriculture to Support Strategic Investments in Startups<\/strong><\/li>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>Wa\u2019ed Reaffirms Its Commitment to Advancing Venture Capital in Saudi Arabia<\/strong><\/li>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>Wa\u2019ed Announces New Investment of SAR 6 Million in Techrar<\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\"><strong>Wa\u2019ed Ventures<\/strong>, the <strong>venture capital arm of Saudi Aramco<\/strong>, has announced the signing of a strategic Memorandum of Understanding with the<strong> Ministry of Environment, Water and Agriculture<\/strong>.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The agreement was signed during the<strong> iktva 2025 event<\/strong>, part of the program to enhance total added value in the supply sector.<\/p>\n<p dir=\"ltr\">This partnership aims to accelerate localization efforts and<strong> boost strategic investments<\/strong> in high-potential <strong>startups<\/strong> focused on sustainability.<\/p>\n<p dir=\"ltr\">These startups emerge from the ministry\u2019s innovation-driven programs in<strong> agriculture, water, and environmental sectors<\/strong>.<\/p>\n<p dir=\"ltr\"><strong>In a post on Wa\u2019ed\u2019s LinkedIn account, the fund reaffirmed its commitment to developing the venture capital ecosystem in the Kingdom:<\/strong><\/p>\n<blockquote>\n<p dir=\"ltr\">\u201cTogether, we aim to accelerate localization and strategic investments in high-potential hashtag sustainability startups emerging from the Ministry\u2019s programs, strengthening our shared commitment to advancing the Kingdom\u2019s VC ecosystem\u201d.<\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">About Wa\u2019ed Ventures:<\/h2>\n<p dir=\"ltr\"><strong>Wa\u2019ed Ventures<\/strong> is a<strong> $500 million venture capital fund<\/strong> wholly owned by <strong>Saudi Aramco<\/strong>.<\/p>\n<p dir=\"ltr\">It aims to support fast-growing <strong>tech startups within Saudi Arabia<\/strong> and beyond.<\/p>\n<h2 dir=\"ltr\">Recent Investment:<\/h2>\n<p dir=\"ltr\">Reinforcing its commitment, the <strong>fund recently invested SAR 6 million<\/strong> in <strong>Techrar<\/strong>, a graduate of the <strong>Sunbolah<\/strong> accelerator program.<\/p>\n<p dir=\"ltr\"><strong>Sunbolah<\/strong> specializes in fostering innovation and <strong>entrepreneurship<\/strong> in <strong>agriculture and food sectors<\/strong> by empowering <strong>entrepreneurs<\/strong> and investors to bring scalable, efficient solutions to the market.<\/p>\n<h2 dir=\"ltr\"><strong>The Ministry\u2019s Role in Supporting Entrepreneurship:<\/strong><\/h2>\n<p dir=\"ltr\">The <strong>Ministry of Environment, Water and Agriculture<\/strong> in Saudi Arabia has launched several programs in partnership with venture and investment funds to support the entrepreneurship ecosystem.<\/p>\n<p dir=\"ltr\">These initiatives focus on empowering innovators and investors in more<strong> sustainable sectors<\/strong>, including:<\/p>\n<ul dir=\"ltr\">\n<li><strong>Sunbolah<\/strong>: A specialized program for building an entrepreneurship <strong>ecosystem<\/strong> in <strong>agriculture<\/strong>, <strong>food<\/strong>, and <strong>biotech<\/strong>.<\/li>\n<\/ul>\n<p dir=\"ltr\">It enables <strong>entrepreneurs<\/strong> and <strong>investors<\/strong> to enter the sector, applying their <strong>innovations<\/strong> and <strong>capital<\/strong> to drive growth and efficiency.<\/p>\n<ul dir=\"ltr\">\n<li><strong>sahabah<\/strong>: Focused on developing the <strong>entrepreneurship<\/strong> <strong>ecosystem<\/strong> in the <strong>water sect<\/strong>or by empowering <strong>entrepreneurs<\/strong>, <strong>innovators<\/strong>, and <strong>investors<\/strong> to offer innovative solutions and accelerate sector growth.<\/li>\n<li><strong>Sedrah<\/strong>: A program <strong>designed to build, strengthen<\/strong>, and expand the<strong> entrepreneurship ecosystem<\/strong> in the <strong>environmental sector.<\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\">It supports entrepreneurs and investors in developing<strong> innovative environmental solutions<\/strong>, creating a comprehensive educational environment that promotes innovation and <strong>entrepreneurship<\/strong> skills.<\/p>\n<p dir=\"ltr\">It is a holistic initiative contributing to<strong> Saudi Arabia\u2019s Vision 2030 environmental goals<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wa\u2019ed Ventures, the venture capital arm of Saudi Aramco, has announced the signing of a strategic Memorandum of Understanding with the Ministry of Environment, Water and Agriculture.<\/p>\n","protected":false},"author":11,"featured_media":44136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1772],"tags":[8092,3993,5963,7916,5131],"class_list":["post-44150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-iktva-2025-event","tag-sedrah","tag-sunbolah","tag-techrar","tag-waed-ventures-2"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/44150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=44150"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/44150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/44136"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=44150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=44150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=44150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}