Startups in the Kingdom have multiple funding sources — including the Social Development Bank and the SME development fund, which offer financial and technical support, and the Public Investment Fund targeting promising companies in strategic sectors, plus programs such as Wa'ed and Nusaned and private venture-capital firms.
Steps to secure financing
- Prepare a comprehensive feasibility study covering the project description, marketing strategy and financial projections.
- Choose the right entity based on the project's type, stage and funding need.
- Submit a formal application with the required documents, complete and accurate.
- Prepare for evaluation: an assessment interview and possibly negotiations over financing and contract terms.
Engaging a specialized advisory office remains a key factor in following correct procedures and presenting files professionally — raising approval odds. At Expertise Consultancy we accompany you on this journey from idea to funding.