Grants offer companies financial assistance to help increase their competitive advantages, support internalization and new market entry, and accelerate international growth. The fund should cover activities related to exports capabilities development (e.g. training, obtaining certification, meeting quality standards, R&D), and promotional purposes (e.g. market intelligence, setup up new offices, participate in trade fairs and events). However, it does not cover subsidizing operational costs such as logistics & productions. Companies need to get the required approval from SE prior commencing the activities, and should provide the required documents that demonstrate their commitment to exports and to collaborate with SE. Companies will have follow up meetings with SE to report the progress before finalizing the activity and reimbursing invoices.
Last Modified Date: 03/12/2020 - 7:43 AM Saudi Arabia Time
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