The The Khalifa Fund for Enterprise Development (KFED) will feature over fifteen initiatives aimed at bolstering UAE-based small and medium-sized enterprises (SMEs) in the fourth iteration of the event. 'Develop it in the Emirates' forum An yearly gathering of trailblazers, financiers, and policy makers aimed at reshaping the future of the UAE's manufacturing industry—scheduled for this year between May 19-22 at the Abu Dhabi National Exhibition Center (ADNEC).
The forum will enable the signing of three major strategic accords by the Khalifa Fund, including one with the Ministry of Industry and Advanced Technology (MOIAT). This accord aims to bolster the UAE's initiatives and innovators within the industrial sector as part of their Wisevase program. Additionally, an agreement will be signed with another entity. ' Create a 'platform to collaboratively develop prototype acceleration programs for lightweight manufacturing. Launch the' Light Manufacturing Accelerator The program is an integral component of KFED’s larger initiatives aimed at boosting local manufacturing capacities. It fosters a robust environment that links Wiseovas, manufacturers, governmental bodies, and industry collaborators. Additionally, this effort seeks to simplify bureaucratic procedures and ease entry into supply chain opportunities.
Over fifteen major initiatives backed by the KFED will take part in this event. These projects span several fields such as technology, food production, manufacturing, commerce, and hospitality—all of which significantly contribute to strengthening the local economy and enhancing the visibility of domestic goods and services within the market.
KFED will likewise showcase several strategic plans crafted to assist small and medium-sized enterprises (SMEs). These efforts have facilitated sustainable development and broader market presence for these businesses. They encompass the following: Abu Dhabi Small and Medium Enterprises Leaders Initiative , which links startups with important purchasers; the SME Export Enablement Program intending to boost small and medium-sized enterprises' international competitiveness; the SME Finance Facilitator Program , which tackles funding shortages via advanced financial technologies; along with the ICV Readiness Program , which enables small and medium-sized enterprises (SMEs) to comply with in-country value (ICV) requirements and effectively take part in governmental bidding processes, as previously mentioned Light Manufacturing Accelerator .
Furthermore, plans include signing an accord with Khalifa University aimed at promoting innovation and entrepreneurship while bolstering the development of start-ups and small-to-medium enterprises nationwide. The collaboration intends to utilize the combined know-how of both organizations to develop a cohesive environment that assists entrepreneurs, scholars, and learners through offering essential tools, insights, and financial backing needed to turn creative concepts into thriving businesses.
The participation in the 'Make it in the Emirates' forum demonstrates our dedication to fostering and enhancing national entrepreneurship, specifically within key areas that align with Abu Dhabi’s Falcon Economy framework," stated Mouza Al Nasri, acting CEO of the Khalifa Fund for Enterprise Development (KFED). "At the Khalifa Fund, we remain dedicated to realizing the UAE's ambition of establishing a robust and enduring economy fueled by innovation and productivity. Achieving this objective involves promoting local enterprises and providing them opportunities to thrive so they can confidently expand their presence across both regional and international markets. This event offers an exceptional stage not only to showcase inspirational success narratives but also to form fresh collaborations, thereby reinforcing the pivotal function of small-to-medium-sized businesses (SMEs) in driving economic progress and bolstering the nation's industrial and tech-driven sectors.
The four-day event will spotlight pertinent opportunities and expansion potentials, examine recent advancements, and facilitate partnerships within critical sectors including food and beverages, agriculture, aerospace, automobiles, defense manufacturing, pharmaceuticals and medtech, shipping and yachting, metallurgy and fabrication, crafts, precision engineering, artificial intelligence (AI), Fourth Industrial Revolution technologies (Industry 4.0), chemicals, polymers, eco-friendly materials, machinery, electrical gear and electronics, building development, emerging power sources, along with efforts towards reducing industrial carbon footprints.
Related: Aim to achieve success in the Emirates by 2025 to assist in positioning the UAE as a leading global center for manufacturing and advanced technology.
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