Page 17 - KHALIFA FUND PR REPORT MARCH 2025
P. 17

Press Release


                   expand them. The financial support provided by the loan covers up to 80 per cent of the
                   total expansion costs.

                   Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development,
                   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.”
                   Al-Nasri added:  “We encourage entrepreneurs to take advantage  of the support
                   opportunities available, both financial and non-financial, and seize the benefits offered
                   under the new financial packages of our programs.  We  reaffirm our commitment to
                   supporting and solidifying the culture of innovation and entrepreneurship, in line with the
                   Falcon Economy initiatives, which lead the Emirate’s journey to the next stage of economic
                   diversification and promote the shift toward a smart and circular economy, especially in
                   terms of supporting SMEs. This aims to increase their contribution to the growth of GDP
                   and enhance the  competitiveness of Abu  Dhabi, establishing its position as a leading
                   environment for innovative projects, entrepreneurship, and a hub for innovation.”

                   The Funding programs serve as an effective 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 offer a wide range of facilities and support tools, including long-term,
                   easy-to-manage loans,  enabling  borrowers  to  manage their financial  commitments
                   smoothly.

                   Moreover, KFED  provides comprehensive training and consulting services to support
                   entrepreneurs, develop their skills and enhance their chances of success. In 2024, the fund
                   delivered  entrepreneurship training courses to 5,658 participants  and group consulting
                   sessions to 613 individuals. The objective is to offer integrated support and expertise to
                   business owners, paving the way to transform ambitious concepts into successful projects.

                   Those interested in Khalifa Fund’s services and solutions can submit applications via
                   email: info@khalifafund.ae or contact at 600500506.

                   Terms and conditions are applied.

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