Kuwait has created 2 Billion KD fund for SME. This will go in long list of diversifying the Kuwait economy.

1. Kuwait Small Projects Fund On Road To Diversified Economy

2. 2B KD Fund Investing in the future

3. The Size and The Reach • Size KWD 2 Billion. • Maximum Finance KWD 500,000/- • Minimum Number of Project 4,000/ • Average Project KWD 200,000/- • Total Projects 10,000/-

4. Total Projects 10,000 in 5 Years 2000 Every Year Kuwaiti Business 4000 Every Year Total New Jobs Created 12000

5. Kuwaiti Entrepreneurs Cumulative Year 1: 4000 Year 2: 8000 Year 3: 12000 Year 4: 16040 Years 5: 20000

6. Investment in Million KWD Data point: 400 Data point: 768 Data point: 1168 Data point: 1616 Data point: 2000

7. The Revenue Generated million KD Data point: 1000 Data point: 3000 Data point: 6000 Data point: 9000 Data point: 15000 Data point: 21000 Data point: 30000 Data point: 1000

8. 30:30 Law of Success • 30% will succeed • 35% will not lose • 35% will lose

9. The Success is Defined • 1/3rd will make up to 10 times Return • 1/3rd will make upto 6 time • 1/3rd will make upto 2 time • The most successful are less than 10%.

10. Training Needs Every Year Data point: 2000 Data point: 6000 Data point: 18000

11. Total Training Needs • The Law of 3rd • Total Training 18000 • 6000 will go next stage of developing idea • 2000 will start business • 600 will succeed and 2000 will make it big

12. 5 Years 1000 Top Success SME 20% of GDP

13. We Can Do It Thanks Dr. Zia Ahmed