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Khalifa Fund Opens Registration For 3rd ’Pitch@Palace UAE’ Competition











The Khalifa Fund for Enterprise Development, KFED, has announced the opening of registration for innovators and entrepreneurs running small and medium enterprises, SMEs, who are keen to participate in the third edition of ‘Pitch@Palace UAE’.

Organised in partnership with the ‘Pitch@Palace Global’ launched by Prince Andrew, Duke of York, the competition is a platform for entrepreneurs and innovators around the world where they can showcase their projects to investors and business leaders of major companies to win support and grow their SMEs.

This year's competition focuses on the theme ‘Technology Serving Humans’, highlighting the importance of science and technology.

In line with its efforts to become the global capital of innovation, Abu Dhabi is hosting the third edition of the competition in the UAE, in line with Khalifa Fund’s mission to promote an innovation culture and support the next generation in developing their talents and creativity, as well as help them develop and grow their businesses in the country. Registration is open to UAE national entrepreneurs, developers of innovative ideas, and small and medium-sized innovative projects, and must be submitted until 31st July, 2019.

This year's edition is being held following the unprecedented success of last year’s event where UAE winners were honoured in the presence of Prince Andrew at the St. James Palace in London, together with all the other winners of the same competition held around the world.

Mouza Al Nasri, Acting Chief Executive Officer of Khalifa Fund, highlighted the huge significance of the competition in creating a new generation of Emirati entrepreneurs, as well as in promoting entrepreneurship and innovation and boosting SMEs, and underscored that this event is made possible in the country through the generous support of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and under the guidance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, through comprehensive national strategies and policies.

She further noted that Abu Dhabi and the UAE at large promote ways to create an ideal environment for entrepreneurs in various fields, by facilitating business processes and encouraging creativity and innovation, in line with the national efforts to build a highly-diversified and knowledge-based economy.

Al Nasri added, "Since 2007, Khalifa Fund has been implementing initiatives to achieve its goals of supporting entrepreneurship in Abu Dhabi and the country in general, providing guidance and support to entrepreneurs. We look forward to the success of the third edition of the competition, which is a testament to our commitment to establish entrepreneurship as one of the pillars of the UAE economy and support our human resources in their efforts to create and innovate."

The closing ceremony of the competition will be held on 9th October, 2019.

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