Frequently asked questions

The bank finances invention projects for inventors who have obtained patent certificates from accredited authorities

These are the technological solutions and innovations that contribute to enhancing competitiveness in economic and social life and include a group of technologies such as: Artificial Intelligence - 3D Printing - Internet of Things - Virtual Reality - Cyber Security - Cloud Computing - E-Commerce. And others.

• A product that targets promising establishments (new ones or those not more than 3 years old) with financing amounting to 4 million riyals, as part of its interest in supporting and enabling specific value-added projects that enhance economic impact.

• The establishment must be new or not more than 3 years old
• The integrity of the applicant’s credit record
• Provide the required guarantees
• Age from 25 to 55
• The educational qualification is not less than a secondary school completion certificate
• Experience

• 4 million riyals

• Up to 8 years