View
213
Download
0
Category
Preview:
Citation preview
Synopsis
Vision
To be a world class model for fostering entrepreneurship and developing globally competitive SMEs
In June 2007, Khalifa Fund was created as an independent agency of the Government of Abu Dhabi, to cultivate entrepreneurship and catalyze the development of the UAE Small & Medium Enterprise Sector
Mission To fuel
entrepreneurial mindsets and drive the growth of globally competitive SMEs, with the active participation of Emirati nationals, in support of a sustainable national economy
Our Strategic Goals
KHALIFA FUND
Promote Pro-Business
Environment
Access to Business Support Services
Strengthen SME
CompetitivenessHuman
Capital Development
Organizational Excellence
Improve Market Access
Create an Entrepreneuria
l Culture
How do we do it?
Providing access to:
• A platform of ideas• Advisory and training• Business support services• Finance• Market opportunities
And a SME-friendly environment
Receiving the
Applicant
Business
Counseling
Training
Entrepreneur
ial Skills
One to one busine
ss planni
ng sessio
ns
Project
Funding
Assisting in Creati
ng Business
Business
Support
Phases of Serving Incoming Entrepreneurs
PHASE ICounseling, Training
EDD
PHASE IIPre Funding
SupportEDD
PHASE IIIFunding
Operations
PHASE IVPost Funding and/or
Non Financial Support EDSD
The Total Number of Khalifa Fund Applicants as of 31 March 2009 is 3207
Funding Program
Number of Applicants Percentage
Khutwa 321 10%
Bedaya 2,494 78%
Zeyada 350 11%
Unspecified 42 1%
RegionNumber of Applicants
Abu Dhabi 2,339
Al Ain 681
Al Gharbia 42
Others 145
Overview of the Applications
67%
33% Male Female
76%
5% 18% Service Agriculture Industry
Counseling the Applicants
Advisory and Counseling Services
Acting as the initial service point to all the applicants
Referring where appropriate applicants for other services e.g.- Training - Idea sourcing - Business support
Assisting applicants to develop business plans
Training
* All the numbers are as of 31st March 2009
Total number of trained applicants is
793
Geographical Distribution
139 18
Total number of conducted training sessions is 57
42%58%
Assessing Project Viability
Assessing the business plan with the applicant identifying any gaps and further information requirements
Discussing quantitative and qualitative factors that are relevant to the project
Working with the applicant if required reshaping the business plan and assessing financial projections and reviewing the payback period
Presentation by the applicant to the project recommendation committee
If applicable, presentation by the counselor to the executive committee
Funding Program
No. of Approved Projects
As At31/03/09
AED
Approved Loan Amount
As At31/03/09
AED
Average Loan Amount
As At31/03/09
AED
Khutwa 33 6,797,782 205,993
Bedaya 127 245,574,740 1,933,659
Zeyada 16 38,031,217 2,376,951
TOTAL 176 290,403,739 1,650,021
Projects Loan Amount % age Loan By Sector
Industrial 71 159,875,489 55%
Agriculture 10 9,896,150 3%
Service 95 120,632,100 42%
176 290,403,739 100%
Project Funding
In-dustrial55%
Agricul-ture3%
Service42%
Approved Projects by Industry
Khutwa19%
Bedaya73%
Zeyada9%Khalifa fund approved projects
Projects Funded
Logo Project Description
Cirta Electro Mechanical Maintenance
• Cirta is an integrated service provider in the field of air ducts manufacturing, A/C units, design supply, maintenance and fire alarm systems • It has been Operating since February 2008• The loan amount is AED 3 Million• Cirta’s revenue during 2008 was approximately 2.1 Million• Exclusive deal with Abu Dhabi Police for 2 years for AED 1,900,000 (through Khalifa Fund).
Tashjeer Gardens Management & Design – Irrigation & landscape
• Tashjeer is a business that includes nursery, grass farm, and landscaping business. The landscaping business is involved in all stages, from design to maintenance.• Tashjeer was established in 2002, in October 2007 Khalifa Fund supported Tashjeer by 2 million and increased it’s loan by 994 Thousand in July 2008.• Tashjeer’s revenue during 2008 was approximately 12 Million.
A short brief of some of our approved Industrial projects is as follows:
Facilitating the Establishment of Their Businesses
EDSD aims to provide Khalifa Fund members with all the support and tools needed to either establish their companies, or aid them towards achieving greater success in the growth and development of their establishments.
Support services provided to businesses at the establishment phase include:
• Simplification of the process in setting up the business e.g.• Assistance in seeking land approvals• Providing letters of support • Guarantees
• To serve as a central facility hub (one-stop
shop)
• To reduce administrative and cost barriers
in registration e.g.• Exemption fees
Supporting & Developing Operating Businesses
• Building Capabilities - Providing training,
coaching and follow-up courses
• Keeping track of applicant’s business
performance on a regular basis
• Identify gaps or shortcomings in business
performance so as to take corrective measures
• Identify constraints/issues affecting performance or service delivery
• Recommend actions to respective departments within Khalifa Fund
• Evaluate the impact of best practices
• Promote and facilitate the formation of business linkages through a number of initiatives
•Entrepreneurship development for inmates
Raddaّد�ه الّر�
•Improving entrepreneurial skills of handcrafters that are home based
Soughaصوغة
•Entrepreneurship development for rehab centers
Fursaفّرصة
•Commercializing the products of citizen’s with special needs
Amalأمل
Social Inclusion Through Entrepreneurship
Khalifa Fund Key Strategic Initiatives
DEVELOPHIGH-IMPACT
ENTREPRENEURS
INCUBATE IDEASIN THE
BUSINESS ENABLINGENVIRONMENT
Key Strategic
Aim
How to
Achieve?
DEVELOP &NURTURE
HIGH-IMPACTENTREPRENEURS
IN COLLABORATIONWITH KEY PARTNERS
(I.E. ENDEAVOR, INJAZ,INSEAD)
LAUNCH THEINDUSTRIAL INCUBATOR,
TECHNOLOGY INCUBATOR,BUSINESS INCUBATOR
ADDRESS GAPSIN THE
FINANCING CHAIN
LAUNCH THEDIRECT INVESTMENT FUND
Khalifa Fund Aims to Identify, Develop & Support High Impact Entrepreneurs
Create jobs and wealth by
unleashing talent
Develop leaders through hands-on
training and advising
Mobilize networks toattract investors and
business mentors
Produce cutting-edgeresearch and spark
innovation
Showcase rolemodels to generate
opportunity
Identify
Select
DevelopSupport
Promote
Recommended