Khalifa Fund for Enterprise Development will support two UAE businesses participating in the highly anticipated “Make it in the Emirates”, a prominent industrial event that brings together government entities, industrial leaders, financial institutions, SMEs, and investors to explore investment opportunities, boost local content, and enable sustainable manufacturing.
As part of its commitment to supporting UAE businesses, Khalifa Fund will be actively participating in the “Make it in the Emirates” 2023 showcasing a stand that includes two prominent industrial businesses: Jaber AlKhyeli of Glass Tech Factory, and Ayedh AlMansoori of Al Emaar Cement Products Factory. Khalifa Fund’s objective is to support businesses through events like ‘Make in in the Emirates’ to foster entrepreneurship and promote sustainable economic growth in the country.
Highlighting the significance of Khalifa Fund’s support for the participating businesses, HE Alia Al Mazrouei, CEO of Khalifa Fund for Enterprise Development, stated: “We are proud to support these exceptional UAE businesses as they participate in the ‘Make it in the Emirates’ campaign. At Khalifa Fund, we believe in the potential of our local entrepreneurs and their ability to contribute to the growth and development of the manufacturing sector. Through our partnership with the Industrial Development Bureau, we aim to provide the necessary resources and support to help these businesses thrive and achieve success.”
In addition to the participating businesses showcasing their innovative products, a signing ceremony will take place between Khalifa Fund and the Industrial Development Bureau (IDB), the Abu Dhabi Department of Economic Development’s (ADDED) arm to develop the industrial sector in the emirate of Abu Dhabi. This partnership allows small and medium-sized enterprises (SMEs) to apply to the Smart Manufacturing Incentive Programme (SMIP) through the Khalifa Fund Tamm service, simplifying the application process and providing essential support for their transition towards adopting Industry 4.0 applications.