Khalifa Fund enhances membership programme, allows members to register unlimited trade licences

Khalifa Fund for Enterprise Development has announced that its membership programme has been enhanced and updated with a variety of business add-ons, to further encourage and enable entrepreneurship in the emirate.

The membership updates include:

• An unlimited amount of trade license business registrations per member, which was originally one licence per entrepreneur
• Fewer age restrictions, with anyone being 21 or older viable for Khalifa Fund membership; membership renewals  have been extended from three times to seven times per business
• No restrictions to have access to membership based on the age of the company, where previously any trade license that was above five years old would not be valid for membership offers. 

Alia Al Mazrouei, CEO, Khalifa Fund for Enterprise Development, stated: “At Khalifa Fund, we’re constantly striving to identify new methods which will support the UAE’s entrepreneurial infrastructure and further enhance the ecosystem. Through our new membership programme, entrepreneurs will have the capacity to ground-breaking and innovative offers which will encourage further enterprise development and enable business practices to be more accessible and efficient.

There are a vast array of enhancements that have been made and are now available to existing and new members. Effective immediate, entrepreneurs will have the capacity to register an unlimited number of businesses to Khalifa Fund’s membership. In addition, membership renewals have been more than doubled, with entrepreneurs able to renew seven times, and there are also no restrictions on the age of the company; previously trade licenses above five years old were not available to Khalifa Fund’s membership programme.”

Al Mazrouei added: “A key aspect to our membership enhancement is to make entrepreneurism more accessible to people, and with youth development being a major part of our focus, I’m delighted to extend Khalifa Fund’s membership to any entrepreneur aged 21 and above.”

.@KFED_Official has enhanced its membership programme to further encourage and enable entrepreneurship in the UAE. National entrepreneurs aged 21 years and above can now register an unlimited number of trade licences, while a limit on the age of the company has been removed. pic.twitter.com/CT7XWCdqBr

— مكتب أبوظبي الإعلامي (@admediaoffice) September 9, 2022

Khalifa Fund has supported over 23,000 entrepreneurs and will continue to help SMEs through its enhanced membership programme.

The new membership enhancement offers will be applicable to all UAE entrepreneurs who meet Khalifa Fund’s existing criteria.

In other news, Khalifa Fund officially announced the launch of the e-commerce acceleration programme. It is a training programme that focuses on helping entrepreneurs with their e-commerce capabilities.

The programme helps deliver real results that impact the entrepreneur’s bottom line, generate profit, expand their brand’s exposure and improve customer engagement.

Read: Khalifa Fund launches e-commerce acceleration programme to boost SMEs’ digital capacity