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National Fund suspends new funding requests for startups

The suspended requests for increased funding were intended for projects initiated by entities financed by the fund that had not yet reached the upper funding limit of 400,000 dinars.

The National Fund for Small and Medium Enterprises Development has announced the suspension of all requests for additional funding for entrepreneurs, according to Al Qabas newspaper.

The fund announced in a statement on its official X account that the Board of Directors has decided to halt all requests for additional funding as of this date.

It is worth noting that the suspended requests for increased funding were intended for projects initiated by entities financed by the fund that had not yet reached the upper funding limit of 400,000 dinars.




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