Product Components:

Minha shall cover the cost of Service Provider to deliver the below:

• Phase I: Costing Analysis - covers readiness assessment through the following stages
  • Discovery stage
  • Benchmarking stage
  • Analysis stage.
• Phase II: Expense Reduction - covers readiness review through the following stages
  • Analysis stage
  • Research and data gathering stage
  • Selection and implementation stage .

Note: client may not be eligible for Phase II based on the outcome of Phase I.

Product Benefits:

Product benefits will include:

• Support SMEs to calculate the exact cost of a product or service using appropriate costing methodology.
• Break-down the total cost of product/Service into individual components to identify cost[1]saving opportunities,
• Help in pricing the product or services as per the market prices while covering the costs adequately,
• Use past data along with the future outlook reports to give a direction of costs,
• Identify all potential cost items which should be provided while negotiating long-term supply contracts,
• Help in assessing actual financing required for working capital or for undertaking a new project

Eligibility Criteria:

Qatari SMEs and Start-ups (as per QDB definition of SMEs) with at least 50% Qatari ownerships and operating in QDB mandated sectors whose activities are in compliance with Sharia.

Targeted Audience:

• Companies that are unable to generate profit due to improper allocation of all costs to products or services; or
• Companies that find it difficult to win contracts as they do not know how to price their bids for projects; or
• Companies that are unable to save on costs making them un-competitive.

Minha:

50% of the total service cost not exceeding QAR 37,500/- for both phases.