Khalifa Fund welcomes visit of 15 young female participants of recently concluded summer camp 2019
Khalifa Fund for Enterprise Development (KFED) Acting CEO Mouza Al Nasri, along with department and division heads, recently welcomed 15 young female participants of Khalifa Fund’s summer camp, which was organized in July this year. The girls made the visit upon the Fund’s invitation so that its officials would learn more about their experiences and listen to ideas that they shared at the summer camp.
During the visit, Al Nasri listened to the attendees’ sharing and thoughts about their experiences. The girls were also given a chance to ask more about entrepreneurship and share their ideas relevant to the field. They emphasized that the summer camp was a valuable opportunity to develop their skills by presenting their ideas and projects throughout the theoretical and practical workshops.
The young visitors toured the Fund’s headquarters accompanied by department heads to see the different activities and services it offers. The visit comes as part of Khalifa Fund's efforts to prepare a new generation of successful entrepreneurs and raise awareness among young people about entrepreneurship and freelancing. They also learned about the importance of creativity and innovation to boost the socio-economic development of Abu Dhabi and the UAE.
Al Nasri said: “Our summer camps target young people anchored on our belief that we should listen to the ideas of the young generation and encourage them to enter the world of entrepreneurship and freelancing, set up their own creative businesses, engage in innovative projects relevant to the national development process. Our invitation to the young participants was part of our goal to boost their future economic contribution in a bid to enhance the UAE’s position in the global business community. We aim to develop their skills, encourage their ideas and help them turn these ideas into a reality in the future. We also hope to give them practical support in terms of their career ambitions. We believe in the importance of training them to become entrepreneurs of the future. We welcome the ideas they presented during the summer camp, which reflect their ability to implement successful projects aimed at contributing to the progress of our economy and society.”
The Girls Summer Camp was held from July 21 to July 25, 2019 at the Institute of Applied Technology in Mohamed bin Zayed City in Abu Dhabi. It was one of Khalifa Fund's initiatives designed to promote entrepreneurship and innovation and empower young people, who will become our future leaders. The camp aimed to develop the skills of the participating girls through theoretical and practical workshops that allowed them to present their projects and give them advice on how to turn these ideas into a reality. There was also a virtual simulation of these projects at different stages. The camp was held in collaboration with Etisalat Academy in Dubai and was based on scientific methods. It also included learning the principles of entrepreneurship and establishing projects. Additionally, the participants engaged in games, sports and other entertainment activities.
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.