Khalifa Fund organizes Abu Dhabi Forum on Entrepreneurship to incubate the next generation of business visionaries next October

Press release

Published August 5th, 2013 - 09:58 GMT

Al Bawaba

In its quest to encourage a culture of innovation and inspire the next generation of business leaders, Khalifa Fund for Enterprise Development is hosting the Abu Dhabi Forum on Entrepreneurship from 7 - 9 October 2013, at the Abu Dhabi National Exhibition Centre.

HE Abdullah Saeed Al Darmaki, CEO of the Khalifa Fund elaborated: "This highly informative forum addresses a diverse range of issues such as financing for SME’s and micro-enterprises, the evolving role of young entrepreneurs in the economy, social empowerment and numerous other advancements that will culminate in a higher quality of life for the nation as a whole.”

An exhibition will be held on the sidelines of the forum to put the spotlight on the projects of ambitious entrepreneurs who are seeking financing and supporting for fresh ideas and innovative business models.

The Fund explained that the forum is in sync with Abu Dhabi’s Vision 2030, and will give aspiring entrepreneurs exposure to international best practices while also strengthening relationships between businesses and potential investors, clients, partners and industry bodies. Cutting edge solutions will be proposed for pressing challenges, as well as accelerating the communication process between governmental decision-makers and the business community.

HE Al Darmaki added: "This forum is the ideal platform for entrepreneurs to network with high level business visionaries so that they can make an impact locally, regionally and globally. This sector is a crucial pillar of the national economy, and Abu Dhabi’s entrepreneurial spirit will boost the UAE’s services and products to become globally competitive. The Khalifa Fund passionately believes in elevating SME’s to achieve their fullest potential. We are guided by the vision of our wise leadership which emphasizes the empowerment of our citizens and nurturing young entrepreneurs’ skills so they can drive national prosperity."

Background Information

Khalifa Fund for Enterprise Development

Khalifa Fund was established in June 2007 by the virtue of the (Law 14 of 2005), as an independent, Not for Profit Small and Medium Enterprises (SMEs) Socio Economic Development agency of the Government of Abu Dhabi. The purpose of establishing the fund is to help develop local enterprises in Abu Dhabi by instilling and enriching the culture of investment amongst UAE nationals, as well as supporting and developing small to medium-sized investments in the Emirate. Khalifa Fund started with a total capital of AED 300 million, which was gradually increased to AED 2 billion and covering all the UAE.