Riyadh - Sharikat Mubasher:  Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) concluded the second edition of the e-commerce accelerator program with the participation of 12 enterprises.

In a statement, the authority revealed that six enterprises successfully closed their investment rounds during the accelerator.

Throughout 16 weeks, the program included several workshops, discussion sessions about the growth of e-commerce enterprises, and over 53 hours of training sessions with more than 28 mentors and experts in various sectors.

The accelerator also helped participating enterprises achieve a growth rate of more than 150% in sales volume.

The e-commerce accelerator program provided a wide range of services and resources that are necessary for capacitating the participating enterprises.