Khalifa Fund for Enterprise Development participates in"Made in UAE 2026"
ABU DHABI, 3rd May, 2017 (WAM) – The Khalifa Fund for Enterprise Development is participating in the largest edition of the “Make in the UAE 2026” platform, which will be held from May 4 to 7 at the Abu Dhabi National Exhibition Center (ADNEC), as part of its ongoing efforts to develop the entrepreneurship system, empower emerging, small and medium-sized companies, and enhance their role in developing the industrial sector and increasing its competitiveness.
This participation confirms the Fund’s commitment to empowering national projects and linking them to opportunities for growth and expansion in local and global markets, through a package of programmes, initiatives and strategic partnerships that it presents during the event.
The fund supports the participation of 7 small and medium Emirati companies operating in various sectors, including agricultural technology, artificial intelligence in health care, machinery and equipment manufacturing, distribution and supply, and food and beverage processing and manufacturing, which reflects the diversity of the national production base and its ability to compete.
His Excellency Moza Obaid Al Nasiri, CEO of the Khalifa Fund for Enterprise Development, said: “Our participation in “Make in the UAE 2026” confirms the Fund’s pivotal role as a major enabler for developing the entrepreneurship system, accelerating the growth of small and medium enterprises and enhancing their contribution to the national economy, especially in the industrial sector. We in the Fund continue to work on building an integrated empowerment model based on linking financing to knowledge and innovation to markets, through strategic programs and initiatives that contribute to developing the capabilities of entrepreneurs and enhancing the readiness of their projects. To expand and grow locally and globally… We focus on strengthening partnerships with the government and private sectors and academic institutions, which opens broader horizons for national companies and supports their transformation into companies capable of competing and effectively contributing to the country’s industrial economy.”
The Khalifa Fund offers visitors to its pavilion a set of programs and initiatives that provide a direct experience of the entrepreneur empowerment system, including joining the Fund’s membership and benefiting from its benefits, the “direct guidance” service that provides individual advisory sessions dedicated to entrepreneurs and small and medium-sized companies, and the “immediate submission of a financing request” initiative to facilitate entrepreneurs’ access to financing directly during the event, by conducting an immediate assessment of eligibility and allocating a work team to provide consultations, obtaining initial approvals for qualified projects, in addition to registering in training programs that Provided by Muzn Business Accelerators in Abu Dhabi and Al Ain Al Dhafra.
During its participation, the Fund will review the “Light Manufacturing Accelerator” program, which was designed to transform innovative ideas into commercially marketable products, through an integrated package of support and guidance services that include financing, technical qualification, and linking projects to supply chains and industrial partners.
In the context of enhancing cooperation and developing the entrepreneurship system, the Fund will sign during the event 5 strategic agreements with a number of government and private agencies, including a memorandum of understanding with the “Al-Ittihad Group”, focusing on enabling small and medium enterprises to enter the group’s transportation, logistics services and supply chain system. A memorandum of understanding with “Taqa Distribution” to open new fields for small and medium enterprises in the utilities and energy sector. A memorandum of understanding with the United Arab Emirates University, to invest in academic and research assets and develop accelerator programs and joint business incubators that combine academic expertise and financial support, and a memorandum of understanding with the “Rotana” hotel management group to encourage contracting with qualified local suppliers by the Khalifa Fund to meet the needs of hotels, restaurants, and hotel logistics services, in addition to a memorandum of understanding with the Higher Colleges of Technology Complex to support innovation and entrepreneurship and enable the growth of projects.
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