# Saudi Fund for Development

**Source:** https://www.startuphub.ai/startups/saudi-fund-for-development
**Profile type:** Startup

> A Saudi government agency dedicated to financing development projects and supporting economic growth in developing countries.

## About

The Saudi Fund for Development (SFD) is a governmental institution established in 1974 by the Saudi government. Its primary mission is to support the economic development of developing countries by providing financial assistance through soft loans, technical assistance, and grants. SFD focuses on financing projects in various sectors, including infrastructure, energy, health, education, and agriculture, aiming to contribute to sustainable development and poverty reduction globally. The article highlights a specific agreement with the Republic of Palau for USD 15 million to drive local economic growth, demonstrating SFD's commitment to international development partnerships.

## Key facts

- **Slug:** saudi-fund-for-development
- **Website:** https://www.sfd.gov.sa/
- **Location:** Riyadh, Saudi Arabia
- **Founded:** 1974-01-01 00:00:00
- **Employees:** 340
- **Operating status:** Active
- **Total funding:** $63M
- **Sectors / tags:** Development Finance, International Aid, Government, Infrastructure Development, Social Infrastructure, Economic Development, Poverty Alleviation, Climate Action, Renewable Energy, Healthcare, Education, Water and Sanitation, Housing, Agriculture, Industry, Mining, Disaster Relief, Humanitarian Aid, Export Credit, Export Insurance
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/saudi-fund-for-development/
  - Twitter: https://twitter.com/SFD_en

## Frequently asked

### What does Saudi Fund for Development do?

The Saudi Fund for Development (SFD) is a governmental institution established in 1974 by the Saudi government. Its primary mission is to support the economic development of developing countries by providing financial assistance through soft loans, technical assistance, and grants. SFD focuses on financing projects in various sectors, including infrastructure, energy, health, education, and agriculture, aiming to contribute to sustainable development and poverty reduction globally. The article h…

### What is Saudi Fund for Development's valuation?

StartupHub estimates Saudi Fund for Development's effective valuation at $597.9M (range $418.6M to $777.3M, 26% confidence), based on comparable companies in the sector.

### How much funding has Saudi Fund for Development raised?

Saudi Fund for Development has raised a total of $63M in funding. The most recent round on record is Strategic.

### Where is Saudi Fund for Development headquartered?

Saudi Fund for Development is headquartered in Riyadh, Saudi Arabia.

### When was Saudi Fund for Development founded?

Saudi Fund for Development was founded in 1974.

### What industry does Saudi Fund for Development operate in?

Saudi Fund for Development operates in Development Finance, International Aid, Government, Infrastructure Development, Social Infrastructure, Economic Development.

### How many employees does Saudi Fund for Development have?

Saudi Fund for Development has approximately 340 people on record.

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