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The National Fund for SME Development

Industry

Government Administration

About the Company

The National Fund for SME Development (NFSD) is a public corporation established by the Government of Kuwait in April 2013. With a capital of KD2 billion, the NFSD focuses on supporting small and medium enterprises (SMEs) by providing financing, coordination, and promotion of SME initiatives. Its mission includes creating jobs for Kuwaiti professionals, increasing private sector participation, and diversifying the economy away from oil dependency. Headquartered in Kuwait City, the NFSD offers a financing model that provides up to 80% of project capital at a low interest rate for eligible SME projects.

Country

City

Kuwait

Kuwait City

Company Size

51-100

Founded

2013

شارع جابر المبارك, Kuwait City, Al Asimah Governate, Kuwait

Business Address

Corporate Phone

Official Website

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+96522443900

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