• The commercial register must comply with the conditions throughout the period of studying the application until final approval.

• The entrepreneur (applicant) must be 100% owner of the project.

• Remote training courses are held in cooperation with partner agencies.

The sponsor may be rejected for one of the following reasons:

• Financial solvency is examined on sponsorship applications, and if the sponsor’s obligations, including the new obligation, exceed the permissible limit; The bail application is rejected.
• The sponsorship application may be rejected by the sponsor’s employer due to considerations related to the entity itself.

• Yes, another sponsor can be added if the sponsor refuses.

• In the entrepreneur product, it is required to upload a bank account belonging to the applicant, and the bank account information cannot be modified after saving the application.

• 5 to 7 days.

• You can choose the entity when submitting an application for financing entrepreneurs.

• The action plan within the training program is prepared in cooperation with partner agencies.

• It is financing aimed at supporting entrepreneurial projects and emerging projects, and the size of financing starts from 50 thousand and reaches 500 thousand Saudi riyals.

Entrepreneurs can get support for various fields, except for the following activities:

• Insurance and brokerage.
• Selling watches, jewelry, gold and precious products.
• Selling and raising livestock.
• Agricultural products.
• Illegal activities
• Speculation-based activities
• Any activities agreed upon with other government funds through approved agreements or any official correspondence.

• Yes, and you must pass a personal interview to complete the procedures.

• Yes, it is a prerequisite for obtaining financing for entrepreneurs.

1. تقديم العميل طلب صرف الدفعة الثانية، مع إرفاق المستندات التي تثبت صرف الدفعة الأولى وفقًا لخطة العمل المعتمدة، مثل: (فواتير، حوالات، عقد إيجار الموقع من منصة "إيجار").
2. يقوم البنك بالتحقق من انطباق المستندات المقدمة مع دراسة المشروع.
3. يقوم البنك بزيارة المشروع للتأكد من صرف الدفعة الأولى على المشروع الممول.

• Yes, more than one sponsor can be submitted for one application (a maximum of 2 sponsors).