- What
- KWD 100M (~$350M) capital deployed via government-backed VC and projects.
- Who
- Not applicable — a government VC/projects company, not an open programme.
Checked · October 2026 · ntec.com.kw · How we check ↗
In detail
NTEC is a government VC / projects company in Kuwait. KIA-owned, KWD 100M (~$350M) capitalised tech projects vehicle. Portfolio includes Tala and Immatics — invests via subsidiaries and spin-out vehicles.
- Amount
- KWD 100M (~$350M) capital
- Services
- PE
- VC
- Investments via subsidiaries
- Tech transfer
- Status
- Active
What the source says
“Capitalized at 100 Million Kuwaiti Dinars (Approximately 350 Million U.S. Dollars), with a paid up capital of 85 Million Kuwaiti Dinars.”
“fully owned subsidiary of the Kuwait Investment Authority (KIA)”
“Local & Regional Start-up Projects [...] Venture Capital – International [...] Private Equity – International & Regional”
“Tala [...] Immatics”
“Since the launch of its Spin-out Mode, NTEC no longer invests directly but rather through its fully owned subsidiaries; KLSC, Impulse Int'l and EnerTech.”
“Middle East's Technology & Knowledge Transfer Platform”
Closing soon on the map
No published deadline in the next 30 days · All published deadlines →
Compare government programmes in Kuwait
| Cost | |||
|---|---|---|---|
| NTECKWD 100M (~$350M) capital deployed via government-backed VC and projects. | not published | Not published | Active |
| CBK Wolooj Innovation HubR&D programme support for fintech innovation projects. | not published | No equity | Active |
| CBK Wolooj Regulatory SandboxRegulatory permission to test fintech products live; no funding provided. | not published | No equity | Active |
| KDIPAUp to 100% foreign ownership and up to a 10-year tax holiday for investors. | not published | No equity | Active |
| CBK Digital Banking GuidelinesLicensing guidelines for digital banks (since 2022). | not published | Not published | Closed |
| CMA FinTech Unit (Module 19)Regulatory permission to operate as a securities crowdfunding platform or fintech. | not published | No equity | Active |
| Kuwait Investment Authority (KIA)Manages sovereign capital; not a direct-application funder. | not published | Not published | Active |
| Ministry of Commerce & IndustryCompany setup fees. | not published | No equity | Active |
No programmes match these filters.
Highest amount in each programme’s own “What” line. Other currencies converted for sorting only (Gulf pegs; KWD, EUR, GBP approximate).
Questions founders ask
What does NTEC offer?
KWD 100M (~$350M) capital deployed via government-backed VC and projects.
How do I apply?
No application form is published. Its website is the way in.
Sources
Primary source · ntec.com.kw · LinkedIn · linkedin.com/company/nteckw · Checked October 2026