672 million dirhams deals "Abu Dhabi Champions for Small and Medium Projects" In 2024
Abu Dhabi, July 2 / WAM / The Khalifa Fund for Project Development witnessed a remarkable growth in the number of deals concluded between small and medium -sized companies and major governmental and private agencies, within the “Abu Dhabi Champions for Small and Medium Projects”, where the number of deals reached 652 deals in 2024, with a total value of 672 million dirhams in various fields, including information technology, consulting, advertising, advertising, and management Events.
The fund announced the increase in the number of companies registered in the program from 835 companies in 2023 to 2,235 companies in 2024, in addition to increasing the number of strategic partners to 20 partners, which reflects the increasing demand for the program launched by the Department of Economic Development – Abu Dhabi in 2023, with the aim of enabling small and medium companies to reach supply opportunities in the government and private sectors.
The program contributes to supporting this group of companies through cooperative platforms that enhance their growth opportunities, and raise their contribution to gross domestic product, diversify the economy, and motivate innovation, in line with the UAE’s vision to build a sustainable and varied economy.
The program also provides awareness and skill initiatives, which includes classifying companies, developing their capabilities, and enhancing their partnerships with the major authorities, as the percentage of micro -companies reached more than half of the total registered companies, while about 20% of them are eligible to conclude deals with major institutions.
His Excellency Moza Al -Nasiri, CEO of the Khalifa Fund for Project Development, stressed that the program represents a strategic platform linking small and medium -sized companies with major institutions, which contributes to raising the level of productivity and innovation, and enhances the position of these companies as a basic pillar in the national economy.
Al -Nasiri pointed out that the program, within the framework of supporting entrepreneurship, organized 13 training sessions in cooperation with 9 partners to qualify companies according to the market requirements, in a step towards building a competitive and sustainable economy based on innovation, and keeps pace with the UAE’s aspirations to be a global destination for the knowledge and competitive economy.
The program witnessed the joining of a number of prominent bodies, including: the government empowerment department – Abu Dhabi, the Department of Culture and Tourism – Abu Dhabi, the Finance Department – Abu Dhabi, the Abu Dhabi Investment Office, the Family Development Corporation, the early childhood authority, the Abu Dhabi ports, the Miral Group, the Ed, the real estate, the federation, the Emstil Group, the Emirates Development District, the Food Group, the Food Group, and the Food Group, Abu Dhabi International (ADGM), Mubadala, Masdar City, Industry Capital Group, United Nahleb bars, and other destinations.
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