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Khalifa Fund vows full support to Emirati Entrepreneurs

Media IN ABU DHABI, 22nd June, 2019 (WAM)

The Khalifa Fund for Enterprise Development, KFED, has recently awarded the Emirati Entrepreneurs Association, EEA, with a package of quality support programmes, including financial and technical support. The package will be used to support Emirati entrepreneurs’ skills and capacity development and creation of a suitable environment where their business projects could flourish.

The Acting Chief Executive Officer at Khalifa Fund, said that the Emirati Entrepreneurs Association is a strategic partner. He promised to cooperate and work with the Association to promote entrepreneurship and the small and medium enterprise, SME, sector in the country.

The KFED provides various forms of support to Emirati entrepreneurs including facilitating their participation in local and international exhibitions and forums as well as giving them exemptions and priority in government procurement processes.

The Fund also supports its beneficiaries with access to consultation services and advanced training programs to help them enhance their business abilities and sharpen their skills to resolve challenges every step of the way, from conception to execution of their projects and beyond.

The EEA aims to attract aspiring young UAE entrepreneurs as it encourages them to initiate quality projects with strong economic impact across various fields.

The Association’s main objective is to provide technical, administrative, and advisory support to entrepreneurs through offering them a range of training courses to develop their abilities.

The EEA seeks to develop the local SME sector by strengthening its relations with the public and private sectors and helping unify their efforts to improve the level of non-financial support to entrepreneurs.

The Emirati Entrepreneurs Association was officially registered in 2014 with support from Khalifa Fund to help encourage and coordinate joint efforts across local entrepreneurs and SMEs, including the adoption and implementation of innovative initiatives and activities.

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