About
The world’s first nonprofit city was launched in 2021 by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister.
Mohammed Bin Salman Nonprofit City "Misk City” is the first nonprofit city of its kind, founded to host the ecosystem of Mohammed bin Salman Foundation "Misk”. It is a vibrant and innovative ecosystem within a human-centric city focused on youth. Here, young and creative minds live, learn, share, and progress towards a sustainable tomorrow. Misk City is a purpose-built destination that aims to contribute to the growth, development, and prosperity of Saudi youth, aligning with the goals of Misk.
What sets Misk City apart?
ESTABLISHED ECOSYSTEM: Intentionally designed to create an ecosystem that contributes to Mohammed bin Salman Foundation "Misk” and its subsidiaries. The strategy is not to start from scratch, but to build around the entities that already exist within the network. The strength of Misk City’s ecosystem lies in the contributed efforts of Misk’s establishment since 2011 and its subsidiaries, who bring their expertise and experience to enhance the thriving ecosystem.
NONPROFIT CONCEPT: HRH is dedicated to nurturing the potential of Saudi Arabia's youth and driving positive change through the nonprofit sector. By reinvesting operational funds into the city itself, Misk City ensures continuous growth, improvement, and an expanding range of services, contributing to the advancement of the community it serves.
YOUTH DRIVEN: Fresh perspectives, innovative ideas, and a dynamic energy fostering a sense of ownership and enthusiasm among the younger generation.
INNOVATION CATALYST: A beacon of innovation and positive change. A global incubator for innovative, educational, and creative industries.
Mission
OBJECTIVES BEHIND CREATING MISK CITY:- The vision of Misk City expanded to foster a focused ecosystem where young individuals can flourish and make significant contributions across diverse sectors.
- To deliver on this vision, Misk City will attract the finest educational institutes, creative sectors, tech organizations, unique expertise, and investments that resonate with its core mission and values.
- The first city to be developed by a nonprofit organization. A circular urban economy built on the foundations of innovation providing a platform for a new generation of youth culture.
Links
https://miskcity.sa/en/home https://www.linkedin.com/company/miskcity-ksa/ https://twitter.com/miskcity_ksa https://www.instagram.com/miskcity_ksaKey Data
Dates
Created: 2021 Joined GCDN: 2021
District Size
3.2 km2
Location
Riyadh, Kingdom of Saudi Arabia