Create a culture for entrepreneurship, says UAE Minister

Create a culture for entrepreneurship, says UAE Minister

With its three advanced programs – Skill-Up, Start-Up, and Scale-Up – the Entrepreneurial Nation initiative aims to train 15,000 entrepreneurs and support 8,000 startups to go global over the next decade - Supplied

The SME economy is set to soar in 2022, and governments are responsible for playing perhaps the most crucial role in ensuring success for entrepreneurs and small business owners

Published: Wed 23 Feb 2022, 8:04 PM

Having a culture that not only welcomes, but encourages entrepreneurship, is going to be a key factor in the success story of the UAE, says Dr Ahmad Belhoul Al Falasi, UAE Minister of State for Entrepreneurship and SMEs.

Speaking in a fireside chat at the Step 2022 conference in DIC on Wednesday morning, he highlighted how the Entrepreneurial Nation initiative will drive growth in the UAE’s entrepreneurship ecosystem, with the end target of the UAE being home to 20 unicorns by 2031.

Launched last year, the initiative offers support to entrepreneurs through a series of public-private partnerships that will help them set up their business in the UAE. With its three advanced programs – Skill-Up, Start-Up, and Scale-Up – the initiative aims to train 15,000 entrepreneurs and support 8,000 startups to go global over the next