Page 150 - KHALIFA FUND PR REPORT - JULY 2025

Khalifa Fund for Enterprise Development’s Abu Dhabi

SME Champions Program facilitates 650+ deals worth

AED672m in 2024

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,
across various key sectors such as IT, consultancy, advertising and event management.
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 government entities and institutions. As a result, the number of registered companies grew
from 835 in 2023 to 2,235 in 2024, with the strategic partner count increasing to 20.

Since its inception, the programme has been focused on supporting and encouraging SMEs to
participate in supply chain opportunities, by providing them with a robust platform for business
development. The initiative has created new pathways for these companies to play an active role in
private sector projects, thus enhancing their contribution to GDP growth, diversifying economic

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dhabi-sme-champions-program-facilitates-650-deals-worth-aed672m-in-2024/