Page 16 - KHALIFA FUND PR REPORT MARCH 2025
P. 16

Press Release





                    Khalifa Fund for Enterprise Development continues to

                    offer new financial package as part of its financing and

                                  support programs for entrepreneurs





                       •  Mouza Al Nasri: We are committed to empowering entrepreneurship

                          and establishing a more diverse and sustainable economic model
                       •  The  fund offers  medium,  long-term  loans through  programmes  for
                          financing new projects and expanding established ones
                       •  The programmes offer financing of up to 80 per cent for SMEs




                   Abu Dhabi,  March  4,  2025:  The Khalifa Fund for Enterprise Development  (KFED)
                   announced the continuation of its existing funding programs by offering 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 programs provided by the KFED include the Startup Funding Program and
                   the Scale-up Funding Program for existing projects, aimed at enhancing the concept of
                   innovation, improving competitiveness, and enabling sustainable success with
                   transparency. These programs 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 Startup Funding Program offers a loan that covers 80 per cent of the total project
                   establishment costs, with easy terms and a repayment period of up to 84 months and a grace
                   period of up to 24 months.


                   The Scale-up Funding Program for existing projects also offers a loan to support successful
                   and stable small and medium-sized enterprises (SMEs) whose owners wish to develop and
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