EPA opens registrations for Emirates Publishers Emergency Fund

  • Date: 05-Jul-2020
  • Source: Emirates 24/7
  • Sector:Financial Markets
  • Country:UAE
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EPA opens registrations for Emirates Publishers Emergency Fund

The Emirates Publishers Association, EPA, has announced that it has begun accepting applications for the Emirates Publishers Emergency Fund launched by Sheikha Bodour Al Qasimi, Founder and Former President of EPA, to support and finance UAE publishers impacted by the coronavirus, COVID-19.

The AED1 million fund was launched by the EPA this June in partnership with the Ministry of Culture and Knowledge Development, MCKD, Sharjah Book Authority, SBA, and Sharjah Publishing City, SPC.

Publishers need to submit their applications in Arabic or English, available on the organisation's website:https://www.epa.org.ae, to avail of the fund's provisions.

All applicants must be active members of the EPA from 2018 to 1st June, 2020, and ought to be working in the publishing, printing or distribution sectors. They also have a valid commercial licence from either the Economic Development Departments or free zones across the UAE. Only publishing houses that have not received any form of financial support since the start of 2020 will be considered by the Fund, while only one publishing house will be funded in case the owner has multiple outfits.

To avail the monetary benefits, publishers must present proof of the amount of loss incurred as a result of the cancellation of contracts, book fairs or