Khalifa Fund for Enterprise Development was launched on June 3, 2007 to help develop local enterprises, with a total capital investment of AED 1 billion. The Fund aims to create a new generation of Emirati entrepreneurs by instilling and deepening the culture of investment amongst young people, as well as supporting and developing small to medium-sized investments in the Emirate. The Fund provides integrated and comprehensive programmes to meet the needs and requirements of investors seeking to establish or expand investments. The Fund has developed a system of support services for entrepreneurs, including training, development, data and consulting services, in addition to a number of marketing-focused initiatives. Vision To lead entrepreneurship development and to facilitate the growth of competitive SMEs. Mission To fuel an entrepreneurial culture, drive innovation and sustainable growth of Emirati SMEs that contribute to the social and economic development of Abu Dhabi, by providing access to services and financing, and by facilitating an SME-friendly environment.