1. Khalifa Fund: Bridging The Gap in The Entrepreneurial Ecosystem

2. 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

3. Our Strategic Goals KHALIFA FUND Promote Pro- Business Environment Access to Business Support Services Strengthen SME Competitiven ess Human Capital Development Organizational Excellence Improve Market Access Create an Entrepreneurial Culture

4. Who do we support? Emirati Nationals

5. Services

6. 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

7. Receiving the Applicant Business Counseling Training Entrepreneurial Skills One to one business planning sessions Project Funding Assisting in Creating Business Business Support Phases of Serving Incoming Entrepreneurs PHASE I Counseling, Training EDD PHASE II Pre Funding Support EDD PHASE III Funding Operations PHASE IV Post Funding and/or Non Financial Support EDSD

8. The Total Number of Khalifa Fund Applicants as of 31 March 2009 is 3207 Funding Program Number of ApplicantsPercentage Khutwa32110% Bedaya2,49478% Zeyada35011% Unspecified421% Region Number of Applicants Abu Dhabi2,339 Al Ain681 Al Gharbia42 Others145 Overview of the Applications

9. 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

10. Training * All the numbers are as of 31 st March 2009 Geographical Distribution 139 18 Total number of conducted training sessions is 57 42% 58%

11. 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

12. Finance Programs Home based businesses,

13. Project Funding

14. Projects Funded LogoProjectDescription 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:

15. 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

16. 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 deliveryRecommend actions to respective departments within Khalifa FundEvaluate the impact of best practices Promote and facilitate the formation of business linkages through a number of initiatives

17. Entrepreneurship development for inmates Radda الرّدّه Improving entrepreneurial skills of handcrafters that are home based Sougha صوغة Entrepreneurship development for rehab centers Fursa فرصة Commercializing the products of citizen’s with special needs Amal أمل Social Inclusion Through Entrepreneurship

18. Khalifa Fund Key Strategic Initiatives DEVELOP HIGH-IMPACT ENTREPRENEURS INCUBATE IDEAS IN THE BUSINESS ENABLING ENVIRONMENT Key Strategic Aim How to Achieve? DEVELOP & NURTURE HIGH-IMPACT ENTREPRENEURS IN COLLABORATION WITH KEY PARTNERS (I.E. ENDEAVOR, INJAZ, INSEAD) LAUNCH THE INDUSTRIAL INCUBATOR, TECHNOLOGY INCUBATOR, BUSINESS INCUBATOR ADDRESS GAPS IN THE FINANCING CHAIN LAUNCH THE DIRECT INVESTMENT FUND

19. Khalifa Fund Aims to Identify, Develop & Support High Impact Entrepreneurs Create jobs and wealth by unleashing talent Create jobs and wealth by unleashing talent Develop leaders through hands-on training and advising Develop leaders through hands-on training and advising Mobilize networks to attract investors and business mentors Mobilize networks to attract investors and business mentors Produce cutting-edge research and spark innovation Produce cutting-edge research and spark innovation Showcase role models to generate opportunity Showcase role models to generate opportunity Identify Select Develop Support Promote

20. Thank You