Saudi Aramco Entrepreneurship Center (Wa'ed) promotes entrepreneurship and helps develop local Small and Medium-sized Enterprises (SMEs) by encouraging aspiring entrepreneurs to establish or expand SMEs in their respective fields. The Center provides venture capital investment and along with the guidance and access to partner services to advance the growth of entrepreneurs and their businesses. Entrepreneurs are key contributors to job creation and represent a major source of employment. Furthermore, Entrepreneurs act as powerful agents for economic diversification including developing local content and fostering innovation. Realizing the full potential benefits presented by this opportunity will require substantial effort to help the Kingdom’s entrepreneurial ecosystem reach maturity across structural and cultural dimensions. By combining deep sector knowledge and a collaborative team that is diligent, dynamic, and engaging, Aramco Entrepreneurship Center targets high-growth business models and cultivates a great atmosphere that empowers a new generation of entrepreneurs in Saudi Arabia.
| Website | https://waed.net/ar/index.html |
| Revenue | $15.8 million |
| Employees | 155 (87 on RocketReach) |
| Founded | 2011 |
| Address | Al-Midra Tower, Dhahran, Eastern Province, SA |
| Industry | Venture Capital & Private Equity |
| Web Rank | 2 Million |
| Keywords | Entrepreneurship, Sme Development, Small Business, Medium Business, Venture Funding, Business Incubator, Accelerator Program, Seed Funding, Small Business Support, Entrepreneurial Ecosystem, Business Growth, Innovation, Technology, Sustainability, Economic Development, Job Creation, Capacity Building, Community Development |
| Competitors | SABIC, 500 Southeast Asia, Startupbootcamp, KACST, Misk Foundation, Wamda ومضة, RiseUp, OQAL Angel Investors Network| مجموعة عقال للمستثمرين الملائكيين, Falak Investment Hub +19 more (view full list) |
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The Saudi Aramco Entrepreneurship Center (Wa'ed) annual revenue was $15.8 million in 2026.
Reem al Ahmed is the Executive Assistant of Saudi Aramco Entrepreneurship Center (Wa'ed).
87 people are employed at Saudi Aramco Entrepreneurship Center (Wa'ed).
Saudi Aramco Entrepreneurship Center (Wa'ed) is based in Dhahran, Eastern Province.