Khalifa Fund ties up with Facebook to train female entrepreneurs in the UAE – The National

  • Date: 13-Feb-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Khalifa Fund ties up with Facebook to train female entrepreneurs in the UAE – The National

The initiative aims to mentor 1,000 women in the first phase of the programme. The Khalifa Fund for Enterprise Development, a government agency to support small and medium-sized businesses, joined hands with the social media giant Facebook to train women entrepreneurs in the UAE.. In the first stage of the programme, 1,000 "aspiring and early-stage female entrepreneurs" will be trained to build successful businesses in the Arab world's second-largest economy, the fund said in a statement on Wednesday.. "We are starting with 25 women today and aim to train at least 1,000 women in the first phase of this project," Mouza Al Nasri, acting chief executive of the KFED, told The National.. The participating women entrepreneurs will be trained in different areas including how to source the right ideas and in business development.. The fund also supports its beneficiaries with access to consultation services and advanced training programmes to help sharpen their business skills.. About "70 per cent of the recent graduates in the Middle East are women.. KFED, which financially supports Emirati entrepreneurs, said its agreement with Facebook involves both training and consulting for female entrepreneurs.. In 2017, Facebook launched a campaign called #SheMeansBusiness that aimed to inspire women