RSK-0040Entrepreneurship Fast Track Platform
Low uptake of the Fast Track readiness assessment among start-ups
A risk's detail, response, contingency and residual risk.
Risk statement
From cause to event to impact — with the preventive controls before the event and the contingency after it
Cause
Founders are tied up with launching their businesses, and some are wary of sharing their financials and business plans in the readiness assessment
Preventive controls
- Short introductory sessions with founders at the co-working space and the branches, led by the Executive Director of the Training & Employment Centre
- Pilot the short readiness assessment with one hundred start-ups
2 / 2
Event
Low uptake of the Fast Track readiness assessment among start-ups
Under 40% of the target group taking part in two measurement rounds in a row
Contingency
Tie the readiness assessment to membership benefits by decision of the chamber’s board
Impact
Slow uptake of the mentoring and funding tracks, and programmes that match start-ups’ real needs poorly
Assessment
The level before and after the response
Inherent
Residual
Exposure
SAR 12.5K
Residual
56% off the score
Score trend
Last six months
- Score
- Target residual
Escalation path
Escalation engine: a high risk unreviewed for 10 days notifies the PM, 15 the programme manager, 20 the PMO director
Last reviewed 34 days ago · Outside the engine — below «high»
Project manager
Current levelGhada A. Al-Shahrani
Currently followed up here- 2
Programme manager
Ghada A. Al-Shahrani
- 3
PMO director
Dr. Noura M. Al-Otaibi
- 4
Executive committee
Dr. Abdullah S. Al-Qahtani
By the PMO director’s decision
Mitigation plan
Each action with its owner and date — tick it off when complete
Short introductory sessions with founders at the co-working space and the branches, led by the Executive Director of the Training & Employment Centre
Eng. Turki A. Al-AnaziEng. Turki A. Al-AnaziExecutive Director, Training & Employment CentreP-010t.alanazi@chamber.saIn progressIn 18 days2026-11-155 Jumada II 1448 AHPilot the short readiness assessment with one hundred start-ups
Nouf M. Al-BalawiNouf M. Al-BalawiChange Management SpecialistP-035n.albalawi@chamber.saNot startedIn 53 days2026-12-2011 Rajab 1448 AH
Trigger
Under 40% of the target group taking part in two measurement rounds in a row
Contingency
Tie the readiness assessment to membership benefits by decision of the chamber’s board