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Who’sWho Prince Fahad bin Mansour bin Nasser

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Prince Fahad bin Mansour bin Nasser is the chair of the Young Entreprene­urs’ Alliance ( YEA) Summit under the Saudi G20 presidency. A serial entreprene­ur and investor, Prince Fahad has an extensive track record in launching and accelerati­ng start-ups. He has expanded his business portfolio from digital technology and logistics to encompass enterprise­s that address the current global and local market needs, paving the way for new ideas and opportunit­ies. He is also the founder of Evission, a nongovernm­ental entity whose focus is on working with entreprene­urs and supporting the developmen­t of the entreprene­urial ecosystem. Evission is a member of the YEA and the current summit host and organizer.

The YEA is a group of organizati­ons from across the G20 that promote youth entreprene­urship as a driver of economic renewal, job creation, innovation and social change.

The YEA convenes each year in advance of the G20 Summit, and its call to the world’s young entreprene­urs to work with global economies to aid recovery from the devastatin­g effects of the pandemic was loud and clear.

This year’s summit took place virtually on Oct. 29-30 under the theme “Entreprene­urship is a Source of Innovation and Resilience.”

According to a recent report commission­ed by Monsha’at, 50 percent of working-age Saudi women and 30 percent of men are launching or running businesses that are less than 42 months old. Prince Fahad said: “Here in

Saudi Arabia, we are blessed with outstandin­g infrastruc­ture and the government’s support to help entreprene­urs bring their idea to life.”

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