Latest news with #KhalifaFundforEnterpriseDevelopmentKFED
Mid East Info
18-07-2025
- Entertainment
- Mid East Info
Khalifa Fund honors the winners of the Venturist Summer Camp competition for gaming development - Middle East Business News and Information
The Khalifa Fund for Enterprise Development KFED honoured winners of the top three positions for the eighth edition of its Venturist Summer Camp, which was held from July 7 to 11, 2025, at the 42 Abu Dhabi headquarters, with the participation of 50 Emirati students. The camp is part of Khalifa Fund's ongoing initiatives to foster an entrepreneurial culture, cultivate specialised skills and offer practical expertise to national talents and professionals. The Venturist Summer Camp's training program was conducted in two different pathways. The first pathway catered to participants aged 13 to 15, aiming to build a strong foundation in programming and game development. The second pathway was designed for those aged 16 to 18, offering advanced training in game development, with a focus on cutting-edge techniques and creative approaches. On the opening day, participants engaged in experimentation, networking, collaboration and idea exploration activities. The second day, themed 'Foundations and Collaborative Critiques', enabled participants to construct core game elements and refine their concepts through peer feedback. The third day focused on the integration of artificial intelligence (AI) and programming, offering participants hands-on experience in large language models (LLMs) and LUA coding language. On the fourth day, the focus was on providing final inspiration, during which participants explored professional game designs to spark creative ideas. The camp concluded with the presentation of refined games, providing a dynamic platform to showcase projects, strengthen a culture of teamwork and develop entrepreneurial thinking, all under the guidance of experienced industry professionals. On the final day, the camp selected winning teams. First place was jointly awarded to Sara Abuhalqia and Mahra Alsalami (Pearl of the Damned) and Mohammed Rayn Ahmed and Hamad Alshemeili (Pick your Poison). The second position was shared by Hamad AlKatheeri (Echo Rift) and Khalid Alhammadi and Abdelaziz Yousif (Sands of Unity). Third place was won by Alyazia Alshamsi, Aljoori Amer Almansoori, Aldana Eisa Alkaabi and Meera Abdullah (Kingdom Valley). Her Excellency Mouza Al Nasri, CEO of the Khalifa Fund for Enterprise Development, said: 'At Khalifa Fund, we believe in the significant role of children and youth in driving national development and shaping the future by equipping them with advanced tools and technologies and foster their creative skills. The Venturist Summer Camp reflects our strategic vision, providing participants a comprehensive ecosystem with advanced tools to refine their innovative skills, promote an entrepreneurial culture and take their initial step towards promising careers in programming and game development fields, which hold a pivotal position in the current economic landscape. On this occasion, we congratulate all the winning teams on their achievement and wish them success in their future endeavours in programming and game development. We extend our appreciation to all participants for their ambition and creativity.' Since its launch in 2022, the Venturist Summer Camp has attracted over 750 Emirati students through its diverse training programs. About Khalifa Fund for Enterprise Development: The Khalifa Fund is an independent, non-profit organisation affiliated with Abu Dhabi Government. Its mission is to nurture the culture of entrepreneurship, promote innovation, and offer support for small and medium-sized enterprises (SMEs) within the UAE through a balanced ecosystem. Founded in 2007 in accordance with Law No. 14 of 2005 and its amendments, the Fund was established to align with the vision of the late Sheikh Khalifa Bin Zayed Al Nahyan, former President of the United Arab Emirates.
Mid East Info
04-07-2025
- Business
- Mid East Info
Khalifa Fund for Enterprise Development launches ‘Future Entrepreneur' program to enhance entrepreneurship skills
The Khalifa Fund for Enterprise Development KFED is launching tomorrow, July, 2025, the 'Future Entrepreneur' program to foster entrepreneurship skills among the youth aged between 6 and 18. The key objectives of the program includes fostering innovation, empowering young people with financial management skills and building a new generation of national entrepreneurs using tools for excellence in a practical environment under the guidance of a committee of experts. The program is projected to attract 5,000 participants and develop 2,500 entrepreneurial projects and 1,000 small ventures under the 'Future Entrepreneurs Permit' initiative, launched by the Abu Dhabi Registration Authority (ADRA), an arm of the Abu Dhabi Department of Economic Development (ADDED) to develop and regulate the business sector, over the next five years. It follows a comprehensive process to select exceptional young entrepreneurs based on their eligibility, thinking methodology, creativity and performance. It mainly focuses on innovative problem-solvers and young individuals with the capability to make a long-term impact on Abu Dhabi's economic ecosystem. The program aims to support participants within certain age groups to innovate, develop and sell products and services in a realistic environment. Through this program, participants will receive expert guidance and feedback, helping them reach an idea pitching stage, where they can showcase products and services in a marketplace to promote and sell them and win awards. The training camp, under the program, enables participants to apply their acquired skills in real markets across various key fields, such as science, technology, engineering, and mathematics (STEM) fields, pre-owned goods market and food and beverage kiosks. The camp will also include a stringent evaluation system to recognise exceptional talents and qualify them to be part of 'Builders of Future Launchpad.' Her Excellency Mouza Obaid Al Nasri, CEO of the Khalifa Fund for Enterprise Development, said, 'The Future Entrepreneur program is a testament to our wise leadership's progressive vision to support young talents, investing in programs to make them future leaders. Through this initiative, we aim to foster a culture of innovation among youth and reinforce national entrepreneurship, which is one of the key pillars of national economy and a driver of its sustainable growth and diversification. Furthermore, we seek to offer an enabling ecosystem to transform the aspirations of the participants into success stories at the beginning stage itself, allowing them to grow as successful entrepreneurs and create a lasting impact across Abu Dhabi's major sectors.' The initiative is going to start with an opening ceremony, in 'Nabd Al Falah' Center in Al Falah City, offering participants an opportunity to register and select their preferred pathway under the 'Inventor' or 'Trader' categories. The selected participants can then engage in a two-week summer camp and gain practical knowledge in pricing and brand development. The program will extend over a four-week period beginning mid-July, with two extensive study days per week. It seeks to nurture skills of young individuals in areas of idea generation, prototype development, budget planning, storytelling and digital tools.
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.
