Tamkeen Initiative
To enable career growth
The initiative aims to support the tach SME's in the field of information technology by providing financial incentives to contribute to the continuity of technical competencies
Target Beneficiaries
MICRO TECH COMPANIES
SMALL TECH COMPANIES
MEDIUM TECH COMPANIES
Initiative goals
Supporting employee continuity
Supporting the growth of technology companies
Reducing challenges in the competition for technical competencies
Initiative Details
Company must have Manassa Tech certificate
Saudi Company must be operating for one year at least
Company must have Monshaat certificate
The company must comply with the requirements of the Wages Protection System
The employee should not be a beneficiary of other government subsidies currently
The employee's salary should not be less than SAR 6000
The employee must be a Saudi national registered in social insurance
Position title should be one of the ICT technical jobs
New graduate or less than three years of experience
Initiative Benefits
Financial packages that raise the competitiveness of the work environment and help the stability of employees
Financial support extends to 18 months if the employee continues
Various subsidies up to 86,000 per employee
Micro enterprises can benefit from the support of two technical staff
Small Tech can benefit from the support of 3 technical staff
Medium companies can benefit from the support of 5 technical staff
Beneficiary Journey
First batch subsidies (after the employee completes 6 months at work) Employee wellbeing support up to SAR 20,000
Second batch subsidies (after the employee completes 12 months at work) Annual bonus of up to SAR 30,000
Third batch subsidies (after the employee completes 18 months at work) ESOP alternatives support up to SAR 36,000