Page 145 - KHALIFA FUND PR REPORT - JULY 2025

7/4/25, 11:58 AM Abu Dhabi's SME Champions Program facilitates over 650 deals worth $183 million in 2024
Abu Dhabi’s SME Champions Program facilitates over 650 deals worth

$183 million in 2024
The number of registered companies grew from 835 in 2023 to 2,235 in 2024, with the
strategic partner count increasing to 20

Micro-enterprises now represent over half of the registered companies, with approximately 20 percent of them being eligible for
deals with leading institutions across both public and private sectors
Published: Thu 3 Jul 2025, 10:44 AM
As part of the Abu Dhabi SME Champions Program, Khalifa Fund for Enterprise Development has
witnessed a significant growth in the number of deals forged between SMEs and leading public and
private institutions, achieving more than 650 deals by 2024, with a total value of AED672 million ($183
million), across various key sectors such as IT, consultancy, advertising and event management.

“The Abu Dhabi SME Champions Program acts as a bridge connecting SMEs in Abu Dhabi with leading
institutions and government entities. This helps enhance the productivity and innovation within this vital
business category, which is a cornerstone of the national economy. SMEs further play a pivotal role in
catalysing Abu Dhabi’s sustainable growth, aligning with the UAE’s broader vision for economic
development,” said Mouza Al Nasri, acting CEO of Khalifa Fund for Enterprise Development.

Number of registered companies grows to 2,235 in 2024

The initiative was launched in 2023 by the Abu Dhabi Department of Economic Development to increase
the share of procurement opportunities allocated to SMEs by major private companies, as well as

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