UAE’s MoE launches ‘ScaleUp Export’ SME initiative

UAE’s MoE launches ‘ScaleUp Export’ SME initiative

Rapid growth of SMEs

“The MoE, in partnership with various relevant federal and local government entities and in cooperation with the local and international private sector, is working to provide all possibilities for prosperity of entrepreneurship and rapid growth of SMEs that enhance their contribution to the growth of the national economy,” he added.

Al Marri explained: “The past phase saw the launch of a distinct set of initiatives and programmes under the umbrella of the ‘Entrepreneurial Nation’, which aims to bring about a qualitative shift in the supporting environment for entrepreneurship, start-ups, and SMEs in the UAE and enhance their attractiveness to entrepreneurial projects from around the world, through a series of partnerships with global institutions and companies in various fields.

“The launch of the ScaleUp Export, in collaboration with UPS, is a continuation and extension of the ‘Entrepreneurial Nation’ initiatives with the aim of supporting its growth and providing the tools and information needed to increase its export volume to foreign markets and develop its business sustainably.”

Catalytic environment

He also noted that the programme is designed to support the strategic target of the Entrepreneurial Nation by providing the catalytic environment for the development and incubation of 20 unicorns in the country by