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Boosting Small and Medium-Sized Enterprises (SMEs)

Boosting Small and Medium-Sized Enterprises (SMEs)

The SMEs Support Initiative aims to provide a range of technical services starting from full technical upgrading of small and medium factories, in order to improve their level, qualify them to contribute to local content, and develop the quality and quantity of their products. This initiative will provide specific support services to SMEs via the following:

  • The main center will provide an integrated framework and central point of support services for industrial SMEs throughout the Kingdom, as well as developing an integrated platform for SMEs services and marketing. It will also provide guidance on partnerships with interested parties to better serve industrial SMEs, as will direct industrial SMEs to appropriate stakeholders based on their needs. The main center will be a central repository of all matters related to these companies.
  • Support industrial and technical training in all its stages through, technical survey, technical training opportunities identification and evaluation, project status assessment, financing, vendor selection, pre-operation installation and testing support services, and follow-up.
  • Operational consulting services, through, Operational Performance Management, Compliance with best industrial practices (work flowcharts, work instructions, good manufacturing practices, etc.), optimization of supply chain, industrial design, inventory management, environmental compliance, and operational costs .
  • Supporting SMEs in the areas of regulation and policy, discussing and reviewing SMEs policies at national meetings, developing technology and product policies, identifying SME needs and influencing others to take appropriate action, advocacy on behalf of SMEs, developing specific policies for SMEs, and writing SMEs policy.