The Khalifa Fund for Enterprise Development (KFED) has announced plans to direct a foresight study planned for giving a long term take a gander at the forthcoming challenges and opportunities of entrepreneurship in the UAE. The Fund has assigned a group of specialists to encourage the researcher and identify the key components to be centered around while directing the study to yield believable results and functional recommendations.

The foreknowledge study is being made to help set up a key attitude toward the future for local entrepreneurs, including the advancement and move to enable Emirati-owned enterprises, which falls in accordance with the vision of the UAE's wise leadership to support and advance a culture of entrepreneurship and innovation in the nation. The research to be led is likewise observed as a rising driver in the endeavors to empower Emiratis in creating and turning out ventures that can help the nation in its offer for nonstop development and advancement.

Mouza Al Nasri, Acting Chief Executive Officer, KFED, uncovered that the planned study exhibits KFED's proceeding with efforts to advance a culture of entrepreneurship, especially in its consistent support for locally owned SMEs.

As per KFED senior authorities, the project, which is a part of the main studies and researches created by the KFED's Department of Strategic Affairs, will be led in collaboration with a counseling firm spend significant time in premonition research and a portion of the Fund's local partners.

The study will contribute in deciding drivers of entrepreneurship and anticipating the future patterns. It will likewise help with conceiving answers for difficulties being looked by Emirati entrepreneurs, encourage them to partake effectively in building the future and amplify their commitment to the UAE national economy that would additionally upgrade the nation's intensity and unite its local and global leadership position.

In this unique circumstance, KFED as of late sorted out a workshop to prepare its employees on future foreknowledge skills. In excess of 20 employee from the Fund's various departments and divisions participated in the workshop where most significant components influencing entrepreneurship and the supportability of rising projects and startups were featured, including the setting of future activity designs that add to drawing a guide for creating local SMEs.

Foresight studies about are a multidisciplinary science that plans to decide the trends future occasions and investigate different factors that may influence these trends. They are likewise planned for seeing an elective future, while looking forward to an inside and out logical scholarly exertion dependent on chose quantitative and subjective markers, as indicated by the idea of the investigation, as a prologue to detailing vital plans that will keep pace with expected changes.