Private Sector Projects
To qualify for the KFAS Private Sector Co-Funding Grant, applicants must:
Be a Kuwait-based private sector entity registered with the Ministry of Commerce and Industry.
Have a clear R&D or technology development component in their proposal.
Demonstrate financial capability to co-fund a portion of the project.
Align the project with KFAS priority sectors and demonstrate national or business impact.
Have an existing operational capacity to execute the project.
Entities not eligible include:
Public sector institutions and non-profits.
Companies engaged in activities unrelated to R&D or technology transfer.
Entities with outstanding financial or contractual obligations to KFAS.
Eligible Costs:
Salaries and wages directly related to project activities.
Equipment and materials essential for research and development.
Consultancy fees for knowledge providers or external experts.
Technology transfer and licensing costs.
Feasibility studies and market analysis relevant to the project.
Training and upskilling directly linked to the project.
Ineligible Costs:
General overhead and operational expenses unrelated to the project.
Marketing, sales, and promotional activities.
Costs related to legal or regulatory compliance.
Routine business expenses or debt repayments.
Costs incurred before grant approval.