The National Fund For Sme Development

The National Fund For Sme Development company information, Employees & Contact Information

In April 2013, the Government has enacted law number 98 of 2013 to establish a National Fund for SME Development (the “SME Fund”). The law is intended to help the country make a major stride in the efforts to support the youth, combat unemployment, and enable the private sector to drive economic growth. As an independent public corporation, with a total capital of KD 2 billion, the SME Fund will finance up to 80 percent of capital for feasible small and medium projects submitted by Kuwaiti nationals. The law defines eligible SMEs as enterprises that employ 1 to 50 Kuwaiti workers, with financing requirements that do not exceed KD 500 thousands.

Company Details

Employees
55
Founded
-
Address
Cross Roads Of Jaber Al Mubarak Street And Al Shuhada', Kuwait City,kuwait
Industry
Government Administration
NAICS
Public Administration
Justice, Public Order, and Safety Activities
Space Research and Technology
Legal Counsel and Prosecution
Correctional Institutions
Parole Offices and Probation Offices
Fire Protection
HQ
Kuwait City
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