Khalifa Fund partners with Facebook to usher entrepreneurial education for women in UAE

Khalifa Fund partners with Facebook to usher entrepreneurial education for women in UAE
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As reported by WAM.ae lately, UAE’s Khalifa Fund for Enterprise Development has signed an agreement with Facebook to foray entrepreneurial education and training for women in the UAE. The partnership is a part of Facebook’s worldwide initiative called ‘She Means Business’.


Under She Means Business, Facebook will provide a series of courses will be delivered across UAE, and the training for women entrepreneurs will be conducted by Khalifa Fund. The training will include lessons on how women can grow their businesses internationally, ways to leverage social media and commercial opportunities. The ‘She Means Business’ Facebook training sessions will be running in the UAE throughout 2020.

Speaking on the occasion of the partnership deal between Facebook and Khalifa Fund, Mouza Al Nasri, CEO of Khalifa Fund said…

“According to the Global Entrepreneur Monitor, about 80 percent of women in UAE believe that entrepreneurship is a positive career choice, demonstrating a keen appetite for entrepreneurship amongst females in the UAE. This partnership which we have signed with Facebook reflects Khalifa Fund’s continued aim of increasing access to training, financing and support for those women who are aspiring to start and grow their early-stage start-ups into successful businesses.”

Wam.ae

Khalifa Fund since its launch in 2007 has consistenly worked towards supporting women entrepreneurs totalling 455 and investing AED 316.4 in women-led startups and SMEs across the UAE. As a result, the number of female entrepreneurs in UAE has increased by 29.9 percent. It is important to note, out of over 11,000 entrepreneurs who have attended Khalifa Fund’s training programs until now, 59 percent of which have been women.

Affirming the focus of Khalifa Fund towards female entrepreneurs and women-led startups and SMEs across UAE, Nasri added…

“At Khalifa Fund, we are dedicated to continuing to enhance female access to entrepreneurship in the UAE, and we are delighted to be able to do such with a company like Facebook. Through offering aspiring female entrepreneurs the opportunity to learn skills related to conceptualizing, setting up, and running a business, we hope this collaboration will further access to entrepreneurship for women,”

Wam.ae

Derya Matraş, Regional Director for Middle East, Africa and Turkey at Facebook said…

“For a region where diversity is pivotal and female entrepreneurship is building rapidly, we are honoured to be playing an active role in the movement alongside our new partner Khalifa Fund. Since the launch of our #SheMeansBusiness program in Dubai in 2017, we have trained over 14,000 women across Middle East and North Africa to use Facebook and Instagram to connect, share and grow their businesses. We are positive that during this year, #SheMeansBusiness will further encourage the entrepreneurial spirit in the UAE and will support women as they embark on their journey as business leaders, catalyzing the growth of the digital economy.”

Wam.ae


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About the author

Wajiha Wahab

Part of the editorial team at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
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