The National Fund for SME Development

The National Fund for SME Development is a government agency based in Mansouriya, Kuwait City. Established in the year 2013, its mission is to support the youth, combat unemployment, and enable the private sector to drive economic growth. The SME Fund will finance up to 80 percent of the capital for feasible small and medium projects submitted by its citizens. It focuses on building an inclusive innovative ecosystem for entrepreneurs to lay the foundation for economic opportunities in the State of Kuwait. The assets of the agency are managed and governed by an executive management team.The National Fund for SME Development currently investment portfolio is valued at over KWD561.49 million, with investments in private equity.