Page 112 - KHALIFA FUND PR REPORT MARCH 2025
P. 112

Khalifa Fund Continues Entrepreneur Support


               Programs









               The Khalifa Fund for Enterprise Development has announced the continuation of its new financing
               package.

               The new package is under its existing programs to support Emirati entrepreneurs with startups and
               existing businesses in priority sectors across Abu Dhabi.

               The  fund continues  to  accept  applications  from  those  seeking  medium-  and  long-term  loans  to
               support their ambitious projects and enhance their ability to grow and innovate.
               Khalifa fund o ers a range of financial programs, including:

                     Startup Financing Program, which provides loans covering 80% of the total establishment
                       costs with flexible terms, a repayment period of up to 84 months, and a grace period of up to
                       24 months.

                     Business Expansion Financing Program, aimed at successful small and medium enterprises
                       (SMEs).
               The program o ers loans covering up to 80% of expansion costs to help entrepreneurs develop and
               sustain their businesses in the market.

               Mouza  Obaid  Al  Nasri,  the  Acting  CEO  of  Khalifa  Fund,  emphasized  the  fund’s  commitment  to
               empowering entrepreneurs and fostering a diverse and sustainable economy.

               She  highlighted  that  these  financial  programs  align  with  the  fund’s  strategy  to  support  SMEs,
               considering them a crucial element in attracting investments and boosting competitiveness.
               Al Nasri stated: “We encourage entrepreneurs to take advantage of the financial and non-financial
               support we provide and seize the benefits o ered by our new financial packages.

               We rea irm our commitment to fostering a culture of innovation and entrepreneurship in line with
               the Falcon Economy initiatives, which contribute to the transformation towards a smart and circular
               economy.

               These  e orts  aim  to  increase  the  contribution  of  SMEs  to  the  gross  domestic  product  (GDP),
               strengthening Abu Dhabi’s position as a leading hub for entrepreneurship and innovation.”

               In addition to financing programs, Khalifa Fund provides a variety of support services, including:
   107   108   109   110   111   112   113   114   115   116   117