The tasks of the Cultural Development Fund in the Kingdom of Saudi Arabia are to support the sixteen cultural sectors identified in the Kingdom's National Cultural Strategy. This is achieved through developmental programs with financing mechanisms designed to empower the cultural sector in various fields such as content creation and development, education and training, infrastructure support, dissemination and marketing of cultural outputs, and the operation of cultural facilities.
The tasks of the fund include activating the role of small and medium enterprises in the cultural sector, forming effective strategic partnerships with various entities in the government, private, and non-profit sectors to achieve sustainable development, and enhancing the positive impact on the cultural sector and its practitioners.
The Cultural Development Fund was established by a Royal Decree in 2021 as a developmental fund that is organizationally linked to the National Development Fund. This initiative is part of the Quality of Life Program, aiming to develop the cultural sector and achieve sustainability by supporting cultural activities and projects, facilitating investment in cultural activities, enhancing the profitability of the sector, and enabling enthusiasts to engage in cultural work. The fund plays an active role in achieving the objectives of the National Cultural Strategy and the goals of Vision 2030.
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