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“Khalifa Fund to Support and Develop Small & Medium Enterprises has been established at a time when the Emirate of Abu Dhabi is experiencing a highly strategic and integrated economic growth based on diversification of incomes and the development of Emirati human resources. The aim is to transform the Emirate into a major investment and development hub, which is the far-sighted vision of H.H. Sheikh Mohammad Bin Zayed Al Nahyan.
The Fund will work in parallel with Abu Dhabi’s strategic economic development in various sectors, assisting in the creation of Emirati businessmen and businesswomen with the capabilities to supporti and participate in the ongoing economic growth and development of the Emirate of Abu Dhabi, building and sustaining an economic environment of international standards.
It will focus on the training and development of Emiratis, enabling them to manage their projects independently through the provision of quality training courses and international expertise. The strategic objective of this program is to help Emiratis participate fully in the private sector through projects that they own and manage. This will result in the expansion of the economic |
base, as well as ensuring employment through their own businesses. The main aim of the Khalifa Fund is to offer good business opportunities for young Emiratis in both industrial and service sectors. The Fund will target capable, young graduates as well as young businessmen and businesswomen with creative business ideas, coupled with strong administrative and managerial skills. In addition, the Fund will assist early retired uniformed services personnel enter into business through guidance, support and training. Women with home based businesses will also be supported. The efforts of the Fund will serve to nurture the many talented and capable Emiratis in Abu Dhabi who wish to enter the world of business.”
His Excellency Hussain J. Al Nowais |