Page 96 - KHALIFA FUND PR REPORT MARCH 2025

Khalifa Fund for Enterprise Development o ers

new financial package for entrepreneurs

ABU DHABI, 4th March, 2025 (WAM) -- 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 Startup Funding Programme o ers a loan that covers 80 percent 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 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