Page 179 - 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 - Mi…
Khalifa Fund for Enterprise Development’s Abu

Dhabi SME Champions Program facilitates 650+

deals worth AED672m in 2024

July 2, 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.

Advertise here.

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.

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