Last Modified 23 March 2025
NIDLP honors the Social Development Bank for its efforts in support of the "Thousand Mile Entrepreneurship" program
Riyadh
The National Industrial Development and Logistics Program (NIDLP) honored the Social Development Bank and the Bank's Delnee Business Center for their partnership and support for the "Thousand Mile for Entrepreneurship" program, during the graduation ceremony of the winners of the second edition of the "Thousand Miles" program, in the presence of His Excellency the Minister of Industry and Mineral Resources and Chairman of the Program Committee, Mr. Bandar bin Ibrahim Al-Khorayef, and a number of Their Highnesses and Excellencies, representatives of supporting and supporting bodies and participants. The CEO of the Social Development Bank, Eng. Sultan bin Abdulaziz Al-Humaidi, received the bank's honorary shield, in recognition of its participation in the "Thousand Mile for Entrepreneurship" program. While the Executive Director of the Establishments Sector, Mr. Faris Al-Abduljabbar, received the honorary shield of the Delni Center, on behalf of the Deputy Business Sector, Mohamed Al-Arini, for the Center's contributions to empowering entrepreneurs in the industrial and logistics sector.
As part of the "Thousand Mile Entrepreneurship" program, Delni Center participated in the planning and implementation phase in addition to the enabling services delivery phase, which included specialized training programs and mentorship sessions for entrepreneurs, while introducing the bank's products, in addition to its continuous role in providing rehabilitation and counseling programs through empowerment and development programs. The Social Development Bank has identified a package of services and enablers for entrepreneurs, such as financial services, providing financing paths according to the requirements of each product, non-financial services, providing specialized training programs in the field of establishing industrial projects, specialized consultations for entrepreneurs, and financing preparation programs.
The "Thousand Miles" program, launched by the NDLP program, seeks to support and empower entrepreneurship in the industrial and logistics sectors, by providing the necessary support to empower entrepreneurs by taking advantage of the significant transformation brought about by the vision and the development witnessed by promising growth sectors in terms of the availability of advanced infrastructure and resources in all its forms. This honor reflects the pioneering role played by the Social Development Bank, its Delni Business Center, in supporting entrepreneurship and achieving comprehensive and sustainable development empowerment, which highlights the bank's importance as a leading national enabler that contributes to achieving the goals of the Kingdom's Vision 2030.
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