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 AdministrationJustice, Public Order, and Safety ActivitiesSpace Research and TechnologyLegal Counsel and ProsecutionCorrectional InstitutionsParole Offices and Probation OfficesFire Protection
- Website
- http://www.nationalfund.gov.kw
- Keywords
- business plan, Trainig, couching, mentoring, Generic Hub, ICT Hub, Manufacturing Hub, Creative & Design Hub.
- HQ
- Kuwait City
The National Fund For Sme Development Questions
The National Fund For Sme Development's website is http://www.nationalfund.gov.kw
The National Fund For Sme Development's LinkedIn profile is https://kw.linkedin.com/company/thenationalfund
The National Fund For Sme Development has
55 employees.
View email and phone details for 55
employees at The National Fund For Sme Development.
The National Fund For Sme Development's industry is
Government Administration
The National Fund For Sme Development's top competitors are
Bleems,
Kuwait Institute For Scientific Research,
Kuwait Foundation For The Advancement Of Sciences (Kfas),
State Audit Bureau Of Kuwait,
Burgan Bank,
Warba Bank,
Boubyan Bank,
Kuwait Direct Investment Promotion Authority,
Capital Markets Authority - Kuwait,
Kuwait Finance House.
The National Fund For Sme Development's categories are Government Administration
The National Fund For Sme Development's founding year is 2013
