Page 175 - KHALIFA FUND PR REPORT - JULY 2025

7/3/25, 11:30 AM Khalifa Fund for Enterprise Development's Abu Dhabi SME Champions Program facilitates 650+ deals worth AED672m in 2024

Khalifa Fund for Enterprise Development's Abu Dhabi SME
Champions Program facilitates 650+ deals worth AED672m in 2024

Abu Dhabi, 02 July 2025: 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 a total of 652 deals by 2024, with a total value of AED 672 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 resources and fostering innovation within Abu Dhabi, in line with the UAE's
vision for a more sustainable and diverse economy.
https://www.godubai.com/citylife/press_release_page.asp?PR=186194 1/2