Zayed Fund for entrepreneurship and innovation was established in 2017 as a result of an agreement between the Head of the Chechen Republic, Hero of Russia R. A. Kadyrov and the President of the UAE, Sheikh Khalifa bin Zayed Al Nahyan.
By order of Crown Prince Abu Dhabi, Deputy Chief Commander of the Armed Forces of the UAE Sheikh Muhammad bin Zayed Al Nahyan, the founder of the Fund in the Chechen Republic was the Khalifa Fund on entrepreneurship development (Khalifa Fund for Enterprise Development).
The Fund's main goal is to become a key element of the business promotion system to achieve a sustainable socio-economic impact in the Chechen Republic through providing targeted support to small and medium-sized businesses.
364000, Chechen Republic, Grozny,
3/25, A.A.Kadyrova Avenue,
floor 13, section 3,4
+7 (8712) 29-10-10
The Fund offers entrepreneurs several financial products that differ favorably from traditional banks.
The Fund's staff provides advisory support to applicants when developing a business idea and writing up a business plan for the implementation of the project.
Training programs for developing ideas, business planning and other business tools have been developed for entrepreneurs.
The Fund provides administrative and legal support to entrepreneurs throughout the project implementation period.