The Khalifa Fund for Enterprise Development (KFED) announced that registration has now opened for innovators and entrepreneurs running small and medium enterprises (SMEs) who are keen to partake in the third edition of ‘Pitch@Palace UAE’.
Organized in corporation with the ‘Pitch@Palace Global’ launched by H.R.H Prince Andrew, Duke of York in the United Kingdom, 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.
In line with its efforts to become the global capital of innovation, Abu Dhabi is hosting the third edition of the contest in the UAE, in line with Khalifa Fund’s mission to promote an innovation culture and support the next generation in emerging their talents and creativity, as well as help them develop and grow their businesses in the country.
Registration for the competition is open to UAE national entrepreneurs, developers of innovative ideas, and small and medium-sized innovative projects, and must be submitted until July 31, 2019.
This year's edition is being held following the unparalleled success of last year’s event where UAE winners were honored 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, emphasized the huge significance of the competition in creating a new generation of Emirati entrepreneurs, as well as in encouraging entrepreneurship and innovation and boosting SMEs, and underscored that this event is made possible in the country through the generous support of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and under the guidance of H.H. 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. He further noted that Abu Dhabi and the UAE at large promote ways to generate an ideal environment for entrepreneurs in different 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.