Page 110 - KHALIFA FUND PR REPORT MARCH 2025
P. 110

UAE: Khalifa Fund for Enterprise Development


               o ers new financial package for entrepreneurs









               The  Khalifa  Fund  for  Enterprise  Development  (KFED)  announced  the  continuation  of  its  existing
               funding programmes by o ering new financial package to support Emirati entrepreneurs with both
               emerging and established projects in Abu Dhabi’s priority sectors.

               KFED continues to accept applications for medium and long-term loans designed to fulfil
               the requirements of innovative business ventures.







               The  funding  programmes  include  the  Startup  Funding  Programme  and  the  Scale-up  Funding
               Programme  for  existing  projects,  aimed  at  enhancing  the  concept  of  innovation,  improving
               competitiveness, and enabling sustainable success with transparency.
               These programmes also aim to strengthen the growth of the small and medium-sized enterprises
               (SMEs)  ecosystem  in  priority  sectors,  including  healthcare,  education,  agricultural
               technology,information technology, communications, tourism, industry, and innovative projects.





               The Scale-up Funding Programme for existing projects also o ers a loan to support successful and
               stable SMEs whose owners wish to develop and expand them. The financial support provided by the
               loan covers up to 80 percent of the total expansion costs.

               Mouza  Obaid  Al  Nasri,  Acting  CEO  of  KFED,  said,  “We  are  committed  to  empowering
               entrepreneurship within the community and contributing to the establishment of a more diverse and
               sustainable economic model. Through this move, we seek to design financial solutions that broaden
               our support for projects, especially SMEs, which serve as a key pillar for establishing a sustainable
               economic model and a primary driver for attracting investments and boosting the competitiveness
               of the national economy.”

               The  Funding  programmes  serve  as  an  e ective  tool  for  supporting  startups  and  empowering
               entrepreneurship.  They  play  a  vital  role  in  driving  the  growth  and  sustainability  of  the  national
               economy, as well as diversifying its sources, while also creating more job opportunities. They o er
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