(MENAFN- Kuwait News Agency (KUNA)) The National Fund for Small and Medium Enterprises (SMEs) Development has signed an MoU with the American Techstars network to explore collaborative opportunities in the technology space in Kuwait.
Techstars is a leading world network for establishing SME incubators for ambitious entrepreneurs in technology, Fund Executive Chairman Mohammad Al-Zuhair told KUNA.
He added that negotiations with Techstars lasted for months to reach the MoU.
According to Al-Zuhair, Techstars had received attractive offers from other countries in the region, and are discussing with different entities the way forward.
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