The National Fund for SME Development Revenue

Government Administration • Shuwaikh Residential, Capital Governorate, Kuwait • 51-100 Employees

The National Fund for SME Development revenue & valuation

Annual revenue	$4,705,525
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Government Administration industry and current estimated revenues	$15,100,000
Total funding	No funding

Key Contacts at The National Fund for SME Development

Mohammed Al Foraih

Director Of Corporate Credit Department

Hasan A. Alsaleh

Projects Portfolio Director

Salah Abo-Qumasha

Director, Information Technology

Faisal Al Saffar

Director For Incubator And Accelerator Department

Basma Aljasem

Director Of Research And Development

Jasem Aljasmi

Director Of Legal Affairs

Company overview

Headquarters	Shuwaikh Residential, Capital Governorate, Kuwait
Website	nationalfund.gov.kw
NAICS	92
SIC	611
Keywords	Mentoring, Business Plan, Trainig, Couching, Creative & Design Hub, Generic Hub, Ict Hub, Manufacturing Hub
Founded	2013
Employees	51-100
Socials

The National Fund for SME Development Email Formats

The National Fund for SME Development uses 1 email format. The most common is {first name}{last name} (e.g., johndoe@mof.gov.kw), used 100% of the time.

Format	Example	Percentage
{first name}{last name}	johndoe@mof.gov.kw	100%

About 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 workers, with financing requirements that do not exceed KD 500 thousands.

Employees by Management Level

Total employees: 51-100

Seniority

Employees

Entry

Senior

Manager

Employees by Department

The National Fund for SME Development has 13 employees across 7 departments.

Departments

Number of employees

Funding Data

The National Fund for SME Development has never raised funding before.

The National Fund for SME Development Tech Stack

Discover the technologies and tools that power The National Fund for SME Development's digital infrastructure, from frameworks to analytics platforms.

Google Workspace

Nginx

Reverse proxies

HTTP/3

Miscellaneous

Sucuri

CDN

Microsoft 365

Frequently asked questions

The National Fund for SME Development is located in Shuwaikh Residential, Capital Governorate, KW.

The National Fund for SME Development generates an estimated annual revenue of $4,705,525. This revenue figure reflects the company's market position and business performance in its industry.

The National Fund for SME Development has an estimated valuation of $15,100,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

The National Fund for SME Development was founded in 2013, making it 13 years old. The company has established itself as a significant player in its industry over this time.

The National Fund for SME Development has approximately 51-100 employees. The company continues to grow its workforce to support its business operations and expansion.