Khalifa Fund launches project to accelerate innovation for SMEs

Khalifa Fund launches project to accelerate innovation for SMEs

Khalifa Fund for Enterprise Development has officially launched its ‘Level Up’ project, helping entrepreneurs, SMEs and startups, seize new opportunities that will stabilise, strengthen and scale up their business. The programme will focus on elevating priority sectors in Abu Dhabi, by accelerating the development of home-grown ventures, creating sector jobs and driving forward UAE’s transition to a knowledge-based economy. It aims to equip up to 10 successful SMEs and startups with high-quality and specialist support to sustain the growth of their business. Speaking on the occasion, Mouza Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, stated, “Entrepreneurs, SMEs and startups play a fundamental role in contributing to our economy. That is why we are positioning them at the heart of this programme designed to provide seamless access to new markets, technologies and expertise. The success of this project will help in strengthening the growth potential for post-Covid-19 recovery with the aim of turning Abu Dhabi and the UAE into a greater powerhouse of creativity and innovation.”

“We are keen to have more small and medium-sized businesses joining us, as we aim to boost their forward-looking capacity, resilience and responsiveness, rebuilding from the pandemic in a way that bolsters competitiveness