The Khalifa Fund for Enterprise Development has announced a major revamp of its financing framework, introducing seven integrated programs designed to support Emirati entrepreneurs and the growth of startups and SMEs. The new initiatives provide tailored funding solutions that cover the entire business lifecycle, from establishment and growth to innovation and the adoption of advanced technology.
Quick Facts
- Seven new financing programs launched for UAE businesses.
- Targets entrepreneurs at all stages of growth.
- Includes specialized loans for AI and robotics adoption.
A Strategic Overhaul
The new financing system is the result of a comprehensive evaluation by the Khalifa Fund, which included benchmarking against global best practices, analyzing existing financial solutions, and directly engaging with entrepreneurs and SMEs through surveys and workshops. This process aimed to identify and address funding gaps in the market.
This move aligns with the strategic development goals of Abu Dhabi and the UAE, positioning the Khalifa Fund as a key enabler for the national economy. The updated framework focuses on several key areas: helping Emiratis launch their first businesses, driving innovation and digital transformation, supporting sustainable growth, and improving cash flow flexibility for existing companies.
“The development of our financing ecosystem represents a qualitative shift in the funding strategy we adopt at Khalifa Fund,” said Moza Obaid Al Nasri, CEO of Khalifa Fund for Enterprise Development. “It reflects our commitment to keeping pace with the transformations in the SME sector and continuing to develop more flexible and impactful solutions.”
Al Nasri added, “This strategic step is not limited to expanding the available options, but also embodies a shift in the methodology of financing solutions to become more linked to economic impact and sustainable development. Through this integrated system, we are working to direct financing towards promising opportunities and increase the economic impact of funded projects.”
Inside the New Financing Toolkit
The seven new programs are structured to meet specific business needs, from operational liquidity to tech integration and expansion capital.
Key programs include:
- First-Time Entrepreneur Loan: Targets Emiratis looking to enter the world of entrepreneurship for the first time, providing the necessary capital to establish their ventures on a stable financial footing.
- AI and Robotics Loan: Aims to stimulate the adoption of advanced technologies within SMEs, helping to improve operational efficiency and boost competitiveness in priority sectors.
- Revolving Loan: A flexible financing model that allows businesses to access and reuse funds according to their changing operational needs, enhancing capital management and cash flow.
The suite also includes a Micro-Loan, Working Capital Loan, Fixed Asset Loan, and an Expansion Loan. Each is designed with specific criteria, repayment periods, and funding limits tailored to the nature and growth stage of the business.
About Khalifa Fund for Enterprise Development
The Khalifa Fund for Enterprise Development was established in 2007 in Abu Dhabi to help develop local enterprises. The Fund’s mission is to create a new generation of Emirati entrepreneurs by instilling and enriching the culture of investment among young people, as well as supporting and developing small to medium-sized investments in the Emirate.
Source: Albayan
