Saudi Cultural Development Fund

About Saudi Cultural Development Fund

The Cultural Development Fund aims to nurture the cultural sector in Saudi Arabia, empowering its creators and entities to enrich the economy and society. Established by a royal decree in 2021, the Fund works to develop the cultural landscape, support cultural projects, facilitate investments, and enable stakeholders to achieve sustainable growth. It contributes to the National Strategy for Culture and the goals of Saudi Vision 2030.

Products & Services

Cultural Financing:The first of its kind in Saudi Arabia, designed to support cultural entities with flexible, low-cost financing solutions to start and expand their operations sustainably.

Investment:Offers investment opportunities to support the sustainable development of the cultural sector through direct investment or partnerships with the financial sector.

N maa Accelerators:Aims to enhance the competitiveness of cultural entities by fostering innovation through tailored tracks, providing mentorship, developmental, and financial support.

Incentives:Provides incentives to support cultural entities and projects.

Vouchers:Offers vouchers as part of support for cultural initiatives.

Consulting:Provides consulting services to cultural entities for development and growth.

Capacity Building:Focuses on building the capabilities of individuals and organizations in the cultural sector.

Specialties

Cultural Financing Investment in Cultural Sector Cultural Entity Acceleration Support for Cultural Projects Capacity Building in Cultural Sector Cultural Sector Sustainability

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Investment Fund T: - FT: Investment Fund	A: 79980000 MR: - FA: SAR 300 million FAN: 79980000	D: 2025-10-01 FD: 2025-10-01	1 investors
2	RT: Lending and Investment T: - FT: Lending and Investment	A: 234000000 MR: - FA: SAR879 million FAN: 234000000	D: 2023-03-16 FD: 2023-03-16	3 investors

Investment Fund Latest

2025-10-01

$80.0M

1 investor (Pro only)

Lending and Investment 2023-03-16

$234.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

ب

بدر بن عبدالله بن فرحان آل سعود

Minister of Culture and President of the Board

ح

حامد بن محمد فايز

Member of the Board

ف

فيصل بن فاضل الإبراهيم

Deputy Chairman of the Board

س

سعد بن عبدالمحسن الفضلي

Board Member

س

سارة بن جماز السحيمي

Board Member

ب

بدر بن عبدالله العيسى

Member of the Board

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