1. To serve our Kingdom and citizens as part of our compelling duty towards the nation and society;
2. To extend all efforts to create employment opportunities for those in need;
3. To make available administrative and technical training in accordance with scientific and technical norms.

This program makes available self employment opportunities for Saudi youth by supporting young men and women who have a genuine desire to establish their own small projects. The program offers interest free loans and easy repayment terms as well as management consultation and technical guidance at the commencement of the project.

Aims of the Program

1. To educate Saudi youth and make them aware of available job opportunities in administrative, technical and vocational fields.
2. To develop and spread an understanding that administrative and practical technical training can be achieved over a short period of time.
3. To help young men and women gain employment upon completion of training.
4. To finance small projects for ambitious trainees who have excelled and distinguished themselves and who have completed their courses.

Fields of training

Administrative, technical and vocational areas with a maximum training period of 6 months.

Features

1. Practical courses that qualify trainees and make them eligible for employment within the private sector.
2. Accredited certificate upon completion of training.
3. A training period of 3-6 months depending upon qualifications and specific program.
4. Assisted employment search upon completion of training.
5. Special incentives for those who excel and distinguish themselves.
6. Training costs recovered through easy repayment terms upon employment.

Loan Conditions

Applicants must meet the following conditions:

1. Must be a Saudi national.
2. Aged between 18 and not exceeding 25 years of age.
3. Minimum academic requirement: “Intermediate Certificate”.
4. Training program duration of three to six months depending on qualifications and specific program.
5. Trainee must obtain an undertaking from prospective employer upon completion for training for coordination purposes.
6. The applicant must provide a guarantor.
7. The applicant must present a statement of training costs from the training party.

This program makes available self employment opportunities for Saudi youth by supporting young men and women who have a genuine desire to establish their own small projects. The program offers interest free loans with easy repayment terms and it offers management consultation and technical guidance at the commencement of the project.

Aims of the Program

• To provide real and renewed job opportunities for Saudi youth.
• To encourage the development of small entrepreneurial projects (industrial, commercial, occupational, services), and create a foundation of support for existing larger projects in larger industries.
• To support men and women graduates of universities and learning institutions to establish their own businesses.
• To motivate Saudi entrepreneurial youth to establish their own personal projects as an alternative to seeking employment.

 Features

• To offer support in-kind up to SR 100,000 as an interest free loan with easy repayment terms.
• To assist in the preparation of a feasibility study for the project.
• To assist in the selection of qualified staff for the project.
• To follow-up and monitor staff performance at work during the first year of the project.
• Principal loan repayments begin three months from the start of operation, with the total amount settled within three years through easy monthly instalments.

Eligibility Conditions

The applicant must meet the following conditions:

1. Must be a Saudi national. 
2. To be between 20 to 40 years of age.
3. To be resident of the same city where the project is executed.
4. Must be dedicated full time to manage and support the project.
5. Must successfully complete a personal interview and tests, and secure preliminary approval from the Projects Support Committee.
6. Must attend and complete training course for beginners, if needed.
7. Pre -requisites integral to the project:
   1. Must be a new and practical concept that can be applied in reality.
   2. All workers in the project must be Saudi citizens.
   3. A preliminary feasibility study must be presented.
   4. All fixed assets must be in the name of the Center until the outstanding loan has been settled in full.
   5. The applicant must contribute at least 10% of the cost of the total project.
   6. The applicant must provide a guarantor who meets the conditions set forth by the Center in the event the project is approved.

Steps to Qualify for Subsidy

Applicants interested in obtaining a support subsidy for their projects must submit / undertake the following:

1. Present a very clear scope of the project.
2. Submit comprehensive and succinct financial data to include the following:
   1. Capital expenditure (fixed assets expenditure);
   2. Operational costs (rents, materials, administrative expenses, salaries) along with a monthly detailed report for these expenses for the first year;
   3. Anticipated income, to be in monthly detailed schedules along with support clarification about each of the activities, particularly if there is more than one (selling, maintenance, etc.);
   4. To schedule repayment of the loan from generated income provided the payment schedule does not exceed a period of three years.
3. Marketing study to include:
   1. The type of product or service the project will offer (whether available in the market, or new);
   2. Competitors of the product or service;
   3. Pricing policy for the product or service;
   4. Advertising and publicity plans if required;
   5. Location of the project.
4. Operational plan for at least one year to be specified as follows:
   1. Forecast monthly profit targets and method of achieving targets;
   2. Number of workers, their duties and responsibilities to achieve expected profit targets.
5. Personal information:
   1. Copy of national ID along the original for verification;
   2. Curriculum Vitae along with a copy of the latest academic certificate and a reference of good conduct.
6. Complete information about the guarantor.
7. Official documentation (records, necessary licences and documents needed to obtain the licence from the Ministry of Commerce).

This program helps women to supplement their income by setting up their own small projects, or through their ownership of smaller business. The purpose of the program is to change existing conditions of dependency on aid and help into productive self-dependency in order to generate adequate income to fulfill needs. It offers financial services commensurate with needs through interest free loans with easy repayment terms.

1. Aims of the Program

• To increase family income by investing in social and human elements that exist within each family;
• To create viable internal employment opportunities for needy households in their particular environment;
• To develop a more productive society that contributes efficiently to the economic cycle of the Kingdom;
• To diversify sources of income within the family to meet increasing social needs and economic demands placed upon its kin.
  

2. Terms and Conditions required by the Program

• Must be a Saudi national.
• Aged between 18 and 55.
• Supervising party to monitor work.
• Full consent to be provided by husband or guardian.
  

3. Loan Description

• Average loan between SR 1,000 – 5,000 per individual.
• Period of loan investment from 7-10 months.
• Installment repayments commence two weeks from the date of receiving the loan for the first three phases, then monthly during the last phases.
• Guarantor required
  

Fields of Families' Projects
Acceptable fields include handicraft and similar works that can be self sustaining by the families, such as:

• Preparation of foods and sweets.
• Decorative works and floral arrangements.
• Traditional handmade products.
• Leather and artistic goods.
• Any project presented by the applicant and subsequently approved.