Latest news with #AbuDhabiSMEChampionsProgramme
Al Etihad
02-07-2025
- Business
- Al Etihad
Abu Dhabi SME Champions Programme facilitates 650+ deals worth Dh672m in 2024
2 July 2025 10:24 ABU DHABI (ALETIHAD)As part of the Abu Dhabi SME Champions Programme, Khalifa Fund for Enterprise Development has witnessed a significant growth in the number of deals forged between SMEs and leading public and private institutions, achieving more than 650 deals by deals totalled Dh672 million in value across various key sectors such as IT, consultancy, advertising and event initiative was launched in 2023 by the Abu Dhabi Department of Economic Development to increase the share of procurement opportunities allocated to SMEs by major private companies, as well as by government entities and a result, the number of registered companies grew from 835 in 2023 to 2,235 in 2024, with the strategic partner count increasing to its inception, the programme has been focused on supporting and encouraging SMEs to participate in supply chain opportunities, by providing them with a robust platform for business development. The initiative has created new pathways for these companies to play an active role in private sector projects, thus enhancing their contribution to GDP growth, diversifying economic resources, and fostering innovation within Abu Dhabi, in line with the UAE's vision for a more sustainable and diverse programme features awareness initiatives to educate SMEs on the benefits of forging strategic alliances with both government and private sector entities. It also supports efforts to classify companies, develop their skills, and strengthen collaboration and partnership pathways through relevant now represent over half of the registered companies, with approximately 20 per cent of them being eligible for deals with leading institutions across both public and private Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, said: 'The Abu Dhabi SME Champions Program acts as a bridge connecting SMEs in Abu Dhabi with leading institutions and government entities. This helps enhance the productivity and innovation within this vital business category, which is a cornerstone of the national economy. SMEs further play a pivotal role in catalysing Abu Dhabi's sustainable growth, aligning with the UAE's broader vision for economic development.'Led by Khalifa Fund's ongoing efforts to promote entrepreneurship, the programme has garnered significant attention from Emirati entrepreneurs over the past two years, by paving the way for collaborations with leading institutions. The programme has conducted 13 bi-monthly training sessions to date, in collaboration with at least nine partners, focusing on skill development for SMEs to meet market demands. This is a remarkable milestone in building a sustainable and innovation-based economy, in line with the UAE's aspirations to become a leading knowledge-based and competitive economy." The programme's key participants include the Abu Dhabi Department of Culture and Tourism, Department of Finance, Abu Dhabi Investment Office, Family Development Foundation, Early Childhood Authority, Abu Dhabi Projects and infrastructure, Department of Government Enablement – Abu Dhabi, Ministry of industry and Advanced Technology, Etihad Airways, EMSTEEL Group, Aldar Properties, E&, Industrial Capital Group (ICG), AD Ports Group, Miral Group, Emirates Development Bank, Agthia Group, ADGM, Mubadala, Masdar City, Aldhahra, MODON and Siemens, among others. Source: Aletihad - Abu Dhabi
Mid East Info
21-06-2025
- Business
- Mid East Info
KFED and ADPIC sign strategic agreement to collaborate on infrastructure development in Abu Dhabi - Middle East Business News and Information
The Khalifa Fund for Enterprise Development KFED and the Abu Dhabi Projects and Infrastructure Centre ADPIC signed a strategic agreement to advance bilateral cooperation and support the procurement activities of entrepreneurs and small and medium-sized enterprises (SMEs) through the Abu Dhabi SME Champions Programme. The agreement was signed by Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development and H.E. Maysarah Mahmoud Eid, Director General of ADPIC, during the Abu Dhabi Infrastructure Summit, held recently at the Abu Dhabi Energy Centre. The strategic decision reaffirms both entities' commitment to accelerating industrial development and offering innovative solutions to entrepreneurs operating in the infrastructure sector. Most notably, the agreement seeks to accomplish key objectives –providing targeted procurement support programs for SMEs, connecting these enterprises with government and private sector entities across Abu Dhabi to capitalise on available procurement opportunities, and facilitating cooperation and participation in SME-focused programs and activities in the emirate to promote the sustainable development of the sector. Commenting on the agreement, Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development, said: 'We are pleased to further strengthen our partnership with ADPIC through this strategic agreement, enabling us to empower entrepreneurs and enhance their role in Abu Dhabi's vital infrastructure sector. The collaboration fuels our shared commitment to supporting SMEs and fostering an environment that promotes innovation and growth, which aligns with the forward-thinking vision of our wise leadership and Abu Dhabi's goals of building a more sustainable and advanced future.' H.E. Maysarah Mahmoud Eid, Director General of ADPIC, added,'This strategic partnership with the Khalifa Fund is a pivotal step in strengthening Abu Dhabi's economic ecosystem. Our collaboration underscores ADPIC's commitment to a holistic approach to infrastructure development. By actively supporting our SMEs and integrating them into critical infrastructure projects, we are fostering innovation and local content while also diversifying our supply chain, driving sustainable growth, and building a more resilient and inclusive economy for the future of our Emirate.' The Abu Dhabi Infrastructure Summit serves as a comprehensive platform for policymakers, investors, developers, contractors, and industry experts from around the world to address emerging trends, showcase innovative solutions, and expand strategic partnerships that drive the development of resilient, integrated cities. By gathering industry leaders and innovators under one roof, the event seeks to promote excellence in the construction and urban planning sectors, ultimately raising living standards in accordance with Abu Dhabi's ambitious vision for sustainable development and economic prosperity.
Web Release
20-06-2025
- Business
- Web Release
KFED and ADPIC sign strategic agreement to collaborate on infrastructure development in Abu Dhabi
The Khalifa Fund for Enterprise Development (KFED) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) signed a strategic agreement to advance bilateral cooperation and support the procurement activities of entrepreneurs and small and medium-sized enterprises (SMEs) through the Abu Dhabi SME Champions Programme. The agreement was signed by Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development and H.E. Maysarah Mahmoud Eid, Director General of ADPIC, during the Abu Dhabi Infrastructure Summit, held recently at the Abu Dhabi Energy Centre. The strategic decision reaffirms both entities' commitment to accelerating industrial development and offering innovative solutions to entrepreneurs operating in the infrastructure sector. Most notably, the agreement seeks to accomplish key objectives –providing targeted procurement support programs for SMEs, connecting these enterprises with government and private sector entities across Abu Dhabi to capitalise on available procurement opportunities, and facilitating cooperation and participation in SME-focused programs and activities in the emirate to promote the sustainable development of the sector. Commenting on the agreement, Mouza Al Nasri, CEO of Khalifa Fund for Enterprise Development, said: 'We are pleased to further strengthen our partnership with ADPIC through this strategic agreement, enabling us to empower entrepreneurs and enhance their role in Abu Dhabi's vital infrastructure sector. The collaboration fuels our shared commitment to supporting SMEs and fostering an environment that promotes innovation and growth, which aligns with the forward-thinking vision of our wise leadership and Abu Dhabi's goals of building a more sustainable and advanced future.' H.E. Maysarah Mahmoud Eid, Director General of ADPIC, added,'This strategic partnership with the Khalifa Fund is a pivotal step in strengthening Abu Dhabi's economic ecosystem. Our collaboration underscores ADPIC's commitment to a holistic approach to infrastructure development. By actively supporting our SMEs and integrating them into critical infrastructure projects, we are fostering innovation and local content while also diversifying our supply chain, driving sustainable growth, and building a more resilient and inclusive economy for the future of our Emirate.' The Abu Dhabi Infrastructure Summit serves as a comprehensive platform for policymakers, investors, developers, contractors, and industry experts from around the world to address emerging trends, showcase innovative solutions, and expand strategic partnerships that drive the development of resilient, integrated cities. By gathering industry leaders and innovators under one roof, the event seeks to promote excellence in the construction and urban planning sectors, ultimately raising living standards in accordance with Abu Dhabi's ambitious vision for sustainable development and economic prosperity.
