Abu Dhabi: Khalifa Fund for Enterprise Development has announced the launch of the first edition of the “Khalifa Fund Entrepreneurship Competition” as part of its participation in the inaugural Abu Dhabi Business Week. This event is held under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. It is organized by the Abu Dhabi Chamber of Commerce and Industry in collaboration with the Department of Economic Development – Abu Dhabi and the Abu Dhabi Investment Office.
According to Emirates News Agency, the competition aims to provide a platform for innovative startups in Abu Dhabi to showcase impactful solutions addressing challenges in Abu Dhabi’s priority sectors. The objective is to attract talented entrepreneurs and innovative SMEs, empowering them to drive sustainable economic growth in line with the theme of Abu Dhabi Business Week, ‘Deliver Impact, Make a Difference.’
Participants will have access to resour
ces, expertise, mentorship, and networking opportunities with experts and investors, supporting the growth and scalability of their ventures. This contributes to establishing a strong presence in Abu Dhabi’s entrepreneurial ecosystem.
Startups will present solutions in one of three categories: Biolife and Healthcare, Robotics and AI, and Agritech and Aquatech. Each category winner will receive a financial prize to support the development and market introduction of their solutions.
Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund, stated that the competition reflects a commitment to fostering innovation and advancing sectors to contribute to a sustainable entrepreneurial ecosystem in Abu Dhabi. This aligns with Abu Dhabi Business Week and the Economic Vision 2030 to build a knowledge-based economy.
Eligibility criteria for participants include being UAE nationals or expats in partnership with UAE nationals based in Abu Dhabi, presenting a prototype or MVP, and submitting a for-profit business plan with a pa
th for scaling and growth.
