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.
-Ends-