The Digital Entrepreneurship Center “CODE,” affiliated with the Ministry of Communications and Information Technology, announced its key achievements for 2024, reflecting remarkable progress in fostering digital innovation and empowering entrepreneurs across the Kingdom.
The report highlights the center’s pivotal role as one of the main enablers of Saudi Vision 2030, through initiatives and programs that have strengthened the digital entrepreneurship landscape.
According to the report, CODE has supported more than 17,300 beneficiaries and over 400 startups across various digital sectors, while contributing to the creation of 1,200 new job opportunities through its programs and initiatives.
On the investment front, the center achieved a total of SAR 162 million in investments across more than 50 funding rounds, and played a key role in driving innovation through the development of over 300 new digital prototypes. Additionally, CODE expanded its reach by offering services through seven innovation labs across five regions, and built strong local and international partnerships that enabled entrepreneurs to connect with investors and global support networks.
The report reaffirms CODE’s ongoing commitment to creating a lasting impact in supporting innovation and entrepreneurship, contributing to the growth of the national digital economy.
To view the full report, visit: https://code.mcit.gov.sa/sites/default/files/2025-01/Code%20-%20Annual%20Report%202024%20V4.pdf.