Prospects .. New business development to meet the needs of investors

Citizen – SPA

The Saudi Business Development Fund (SIDF) has introduced a number of initiatives and materials as part of the new strategy to support business development and address economic change in the United Kingdom.

This came in an open meeting held by the Sunday Chamber at the Dubai Chamber, attended by several investors and investors in the business sector.

The General Director of the Business Fund, Dr. Ibrahim bin Saad Al-Mujal: "The vision of the Business Fund in the past is based on ongoing communication and just with the business community, investors and those interested in the business and sharing ideas and suggestions. We held over 35 meetings and workshops with business committees and industry sector investors in different Departments of the United Kingdom to consider the property's strategy and services. "

Al-Mu explained that Enterprise and Enterprise assets have their business and assets; meet the needs of investors in the business sector and support the growth of business in general. The initiatives were between different funding materials, advisory services and training programs.

"This year, we launched our training program to start your business project in partnership with Commercial Chambers in various areas of the United Kingdom to support young people and women with an interest in the business sector investment and training them in their core skills to start their projects.

He said: "We have held ten courses to date in different areas of the United Kingdom with over 500 trainers and continue to establish their program in all sections of Kingdom in the coming months. "

During the meeting, the Business Fund team reviewed the strategic revitalization plan and the most important achievements and campaigns, including the Afaq program to support small and medium-sized business businesses, launch its first campaigns to stimulate the growth of small and medium-sized enterprises. Prior loan amounts, longer repayment periods with smaller tolerance requirements, and the benefit of SME "ambitious" program.

The IFAD team's initiatives are under review the Energy Efficiency Finance initiative and Digital Conversation Funding to improve energy efficiency and reduce costs, as well as to use the latest technologies in the development of work strategies and productivity development through a variety of incentives.

The meeting was part of a series of preliminary meetings launched by the Fund in conjunction with Trade and Industry Rooms in different sectors to meet investors and businessmen of investors and to review on the funding and advisory initiatives and outcomes designed by the & Business Fund to meet the needs of the business sector in the United Kingdom.