Page 55 - KFED PR REPORT - APRIL 2026

4/23/26, 11:02 AM Khalifa Fund launches ‘Funding on the Spot’ at Abu Dhabi entrepreneurship festival - MENA Magazine
The festival also saw the announcement of the “Young Emirati Traders” competition, launched under the
patronage of Rawdha bint Nahyan bin Zayed Al Nahyan.

The initiative targets young people aged 6 to 18, aiming to introduce them to business skills through practical
learning.

It also focuses on raising awareness about areas such as artificial intelligence, clean energy and financial
literacy.

Panel discussions and workshops

Khalifa Al Kuwaiti, Executive Director of the Entrepreneurship Sector at KFED, took part in a panel session
on building Abu Dhabi as a global hub for entrepreneurs.

He discussed the importance of strong policies, funding access and support systems in helping start-ups grow.

The Fund is also hosting workshops during the festival, covering topics such as starting a business, pricing
strategies and understanding customer needs.

Officials said these sessions aim to support both new and growing businesses with practical knowledge.

New partnership signed

KFED also signed a memorandum of understanding with the Abu Dhabi Youth Business Council to
strengthen support for young entrepreneurs.

The agreement aims to improve access to funding, connect businesses with investors and expand
opportunities in local and international markets.

Growing impact

Officials said KFED has supported more than 1,200 projects so far, with total funding exceeding Dh1.8
billion.

They added that such efforts play an important role in supporting small and medium enterprises and
strengthening Abu Dhabi’s position as a centre for entrepreneurship.

The Fund said it will continue to introduce initiatives that help entrepreneurs grow and contribute to the
wider economy.
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