“Khalifa Fund” unveils its new strategy and launches “Muzn Hub”

The new strategy focuses on the adoption of a sustainable business model, through the launch of the “Možn” Center, which embodies an innovative concept that would quantitatively and qualitatively expand the scope of the Fund’s services, as it uses artificial intelligence to ensure the construction of an advanced, integrated system that provides entrepreneurs with resources, programs and specialized technologies that improve the capabilities of their projects and their chances of success and sustainability.

Moza Al Nasiri, acting CEO of the Khalifa Fund for Enterprise Development, said the new strategy and the launch of the Muzn Center reflect the Fund’s efforts to promote economic diversification and build a vibrant and sustainable entrepreneurship system by empowering entrepreneurs and business owners. small and medium-sized enterprises by providing advanced tools and distinguished, highly efficient services Quality that helps them overcome the obstacles and challenges they face and facilitates them to take advantage of valuable opportunities for growth and prosperity in global markets. rapid development of events.

She added that Muzno’s goals go beyond the operational framework, as it embodies a transformative approach based on innovation, flexibility and growth. The goal is to inspire and support the next generation of promising companies and projects, which will be a major player shaping the future of a sustainable knowledge-based economy and contributing to the consolidation of the position… The UAE is a pioneer in entrepreneurship.

She was looking forward to taking advantage.”Mazin“, and learn about the new, creative entrepreneurial ideas that emerge from it, and their vital impact on the overall entrepreneurship landscape in the Emirates. “Muzn Hub” aims to bring about a radical transformation in the entrepreneur’s journey by integrating three major components into a single and efficient platform .

The first element is “Mezn Venture Studios”, which is spread over three locations: Abu Dhabi, Al Ain and Al Dhafra, and is considered a comprehensive destination for startups in priority sectors, and provides full support covering the various stages of business establishment and growth, starting from generating ideas and prototypes, to business development To achieve stability and growth.

Start-ups will benefit from Muzn Venture’s various services, which include technology transfer, strengthening partnerships, R&D commercialization, training and other services. Another component of the Muzn Hub will be the Light Manufacturing Unit, which is a comprehensive manufacturing area to support entrepreneurs, with areas dedicated to raw materials and equipment needed to start production, a prototyping center to improve them, and a testing ground to validate new ideas. and their applicability.

It also includes a multipurpose space to enhance collaboration and business expansion, in addition to access to advanced manufacturing facilities via satellite, in addition to a partner-supported acceleration program that provides specialized support and guidance across sectors.

As for the third component, “Muzn Venture Capital”, it will work to provide the necessary financing that companies need to grow and prosper in a competitive market, with the aim of bridging the financing gap in the system of new projects in their early stages of establishment. and strengthening the Khalifa Fund’s role in their prosperity and sustainability.

In addition to the Mezn Hub, Khalifa Fund’s new strategy focuses on digital transformation at all levels. By adopting technologies based on artificial intelligence and improved operational models, the Fund seeks to organize and simplify complex processes and procedures during work. the path to the establishment and development of small and medium-sized enterprises, thereby increasing the impact… The role of the Fund on the region as a whole.

This strategy also includes the development of financial and non-financial support packages, to ensure that entrepreneurs have easy access to the resources necessary to achieve success. Muzn Hub is expected to open next year, in 2025.