Page 171 - KHALIFA FUND PR REPORT - JULY 2025
P. 171

7/3/25, 11:29 AM  Khalifa Fund’s Abu Dhabi SME Champions Programme facilitates 650+ deals worth AED672mn in 2024 – UAE Business and Travel…
        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 resources and fostering innovation within
        Abu Dhabi, in line with the UAE’s vision for a more sustainable and diverse economy.


        The programme features awareness initiatives to educate SMEs on the benefits of forging strategic alliances with
        both government and private sector entities. It also supports efforts to classify companies, develop their skills
        and strengthen collaboration and partnership pathways through relevant projects. Micro-enterprises now
        represent over half of the registered companies, with approximately 20 per cent of them being eligible for deals
        with leading institutions across both public and private sectors.


        Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development, said: “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.


        “Led by Khalifa Fund’s ongoing efforts to promote entrepreneurship, the programme has garnered significant
        attention from Emirati entrepreneurs over the past two years, by paving the way for collaborations with leading
        institutions. The programme has conducted 13 bi-monthly training sessions to date, in collaboration with at least
        nine partners, focusing on skill development for SMEs to meet market demands. This is a remarkable milestone
        in building a sustainable and innovation-based economy, in line with the UAE’s aspirations to become a leading
        knowledge-based and competitive economy.”


        The programme’s key participants include the Abu Dhabi Department of Culture and Tourism, Department of
        Government Enablement – Abu Dhabi, Department of Finance, Abu Dhabi Investment Office, Family
        Development Foundation, Early Childhood Authority, AD Ports Group, Miral Group, E&, Aldar Properties,
        Etihad Airways, EMSTEEL Group, Emirates Development Bank, Agthia Group, ADGM, Mubadala, Masdar
        City, Industrial Capital Group (ICG), and United Copper Rods LLC (UCR), among others.










































      https://totaluae.com/posts/emirates/khalifa-funds-abu-dhabi-sme-champions-programme-facilitates-650-deals-worth-aed672mn-in-2024/  2/2
   166   167   168   169   170   171   172   173   174   175   176