Overview
"When you do not find a way, make one" - H.H. Sheikh Mohammed Bin Rashid
One of the Establishment's key objectives is to help address the challenges of the funding gap for Small/ Medium enterprises and make capital available to them on a per-need basis. Most aspiring entrepreneurs fail to secure the initial funding they need to start their business enterprise and the Establishment has initiated a comprehensive financing program to ease this challenge and facilitate the start-up process for UAE entrepreneurs.
New Entrepreneurs
The Establishment has set up a dedicated 700 Million UAE Fund based on Islamic banking principles in conjunction with the Dubai Islamic Bank to provide access to capital at preferential terms for new entrepreneurs. The application procedure for this Fund is simple and streamlined and repayment terms are highly favorable with the aim of encouraging and supporting young entrepreneurs.
Existing Entrepreneurs
For existing small/ medium business owners, the Establishment provides loans at preferential terms via a network of affiliated banks. Repayment terms are highly favorable and the Establishment acts as an advisor to the entrepreneurs seeking the loans.
Key Benefits of the Funding Program:
- Fund dedicated to small/ medium enterprises
- Simple and streamlined application process
- Competitive interest rates
- Highly favorable repayment terms
- Financing for both existing and new entrepreneurs
To apply for funding, please contact the Development Advisors at the Mohammed Bin Rashid Establishment.
Download SME Registration Form
Download Project Executive Summary - Start up
Download Project Executive Summary – Existing
Download Business Concept Preparation Guideline
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