The Abu Dhabi Global Entrepreneurship Festival has launched the “Young UAE Merchants” award, a new initiative aimed at building a culture of entrepreneurship among children and youth in the UAE. The award is being developed in collaboration with the Khalifa Fund for Enterprise Development.
Quick Facts
- New award targets children and youth in the UAE.
- Developed in partnership with Khalifa Fund.
- Focuses on practical skills and financial literacy.
Building a New Generation of Founders
Under the patronage of Sheikha Rawdha bint Nahyan bin Zayed Al Nahyan, the award aims to equip the next generation with the foundational concepts of innovation, responsibility, and financial independence. The program is designed to provide participants with the practical skills needed to transform their business ideas into viable projects.
The initiative aligns with the UAE’s broader economic strategy of fostering a knowledge-based economy and empowering future generations to contribute to sustainable development.
“Empowering the emerging generations with entrepreneurial skills is a real investment in the future of the nation,” said Sheikha Rawdha bint Nahyan bin Zayed Al Nahyan. “Instilling a culture of innovation and freelance work from a young age contributes to building a generation capable of leading the future economy with confidence and efficiency.”
A Strategic Partnership to Back National Talent
The collaboration with the Khalifa Fund for Enterprise Development is a key component of the award’s structure. It reflects a joint effort to support young national talent by providing an integrated platform for them to explore entrepreneurship in an interactive and hands-on manner.
This partnership is consistent with the Khalifa Fund’s mandate to support entrepreneurs at all age levels and to foster an environment where young people can explore their potential and turn their ideas into sustainable ventures.
About Young UAE Merchants Award
The “Young UAE Merchants” award is an initiative launched during the Abu Dhabi Global Entrepreneurship Festival. It aims to instill entrepreneurial skills, financial literacy, and a spirit of innovation in children and young people across the United Arab Emirates, preparing them to become future business leaders.
Source: Emarat Al Youm
