The Khalifa Fund for Enterprise Development plans to empower 1,000 entrepreneurs in the first six months of the UAE’s new national campaign, “The Emirates: The Startup Capital of the World.”
Since its establishment in 2007, the Khalifa Fund has provided more than AED 1.4 billion in financing to over 1,200 companies, according to CEO Mouza Obaid Al Nasri, who spoke to the Emirates News Agency (WAM) during the campaign launch.
As part of its contribution, the fund will roll out 70 training courses across six categories, designed to guide founders through the full entrepreneurial journey from idea generation to establishment and business growth.
Al Nasri said the initiative aligns with the UAE’s national objectives to strengthen its SME sector, nurture human capital, and expand opportunities for youth-led ventures. “The Fund will play a pivotal role in achieving the goals of this campaign, ensuring startups receive the training, funding, and mentorship they need to scale,” she added.
Analysts note that the Khalifa Fund’s involvement signals a strong institutional commitment to the UAE’s ambition of doubling its startup base to over two million by 2031, while also cultivating unicorns and global-ready ventures.
–Input WAM
