UAE unveils key initiatives to support SMEs

UAE unveils key initiatives to support SMEs

The National Programme for SMEs has so far formed more than 25 partnerships with leading institutions in the public and private sectors

Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, said efforts to develop SMEs and support entrepreneurial projects led by Emirati youth will continue by providing them with all facilities and necessary tools to achieve commercial success, business continuity and growth. — Supplied photo

Published: Wed 16 Mar 2022, 7:27 PM

The UAE announced on Wednesday three key initiatives to provide entrepreneurs and SME-owners several integrated services aimed at enhancing their growth possibilities and market access.

These initiatives unveiled by Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, are part of the National Programme for Small and Medium Enterprises and include the Government Procurement Programme, the Business Support Programme, and the Financing Solutions Programme.

At a media briefing, Al Falasi said the National Programme for SMEs has so far formed more than 25 partnerships with leading institutions in the public and private sectors, which have been contributing to the development of initiatives and services under the three programmes.

“The programmes are in line with our wise leadership’s vision, which places the citizen first, second and third in