Business Hub
Role: Founder and Chairman of the Board
Business Hub is Medina’s first and leading co-working space and innovation hub, designed to empower entrepreneurs, startups, and creative professionals. It offers flexible workspaces, incubation programs, startup mentorship, and access to a vibrant community of innovators.
Founded by Basim AlBeladi, Business Hub emerged as a pioneering initiative to cultivate a thriving entrepreneurial ecosystem in Saudi Arabia. As Chairman of the Board, Basim continues to guide its strategic direction, partnership development, and growth roadmap.
Under his leadership, Business Hub has become more than a workspace: it’s a launchpad for ambitious ideas and scalable ventures. Basim’s commitment to nurturing local talent and fostering collaboration has made the hub a cornerstone of entrepreneurial development in Medina. His experience as a founder and investor enables him to provide vision, mentorship, and network access to emerging founders, positioning Business Hub as a national model for innovation spaces.
Over the years, Business Hub has earned the trust of high-profile partners including the MIT Enterprise Forum, MIT Regional Entrepreneurship Acceleration Program (REAP), Monsha’at, Vibes AlUla, and the Royal Commission for AlUla (RCU), amongst other private and public bodies. These partnerships reflect the hub’s credibility, capability, and national relevance.
Through its bootcamps, accelerators, and incubators, Business Hub has supported thousands of entrepreneurs, hundreds of startups, and helped dozens of ventures secure millions of SAR in seed and early-stage funding. Its continued contribution to the entrepreneurial ecosystem has made a measurable impact on innovation, job creation, and regional economic growth in Saudi Arabia.
