The National Fund for SME Development

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...

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The national fund for sme development operates in the Government administration industry.

The national fund for sme development's revenue is 11m - 100m

The national fund for sme development has 51 - 200 employees.