I am honoured to welcome you to Mohammed Bin Rashid Establishment for Young Business Leaders (SME). We are a prominent organization in the UAE dedicated to cultivating the entrepreneurial spirit and mentoring young UAE nationals. We strive to help new and growing businesses prosper throughout the UAE, while increasing the quality of businesses existing in the market.
As one of the fastest growing economies in the world, the UAE boasts the ideal entrepreneurial climate. Conversely, within such a highly competitive market, only the most innovative, well-developed, insightful, and firmly supported ventures thrive.
Mohammed Bin Rashid Establishment for Young Business Leaders addresses the challenges that new and developing enterprises face today. Guided by the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we provide vital tools to help new businesses flourish, while affording a fertile atmosphere conducive to prosperity and growth. SME is committed to providing young business leaders with abundant support to reach their maximum potential and realize their dreams. Young entrepreneurs bring a certain spark of energy to a business, they offer unique perspectives and have the drive and passion to succeed.
The Establishment offers many facets of support: educational, financial, gouvernmental and business facilities.
World-class seminars and workshops offer training and guidance in many domains including business planning, marketing, HR, business legalities, business start-up and expansion, and provide assessment tools to gauge entrepreneurial competencies.
By making capital available, we ease the financial hurdle for start-up businesses. A 700 million UAE Fund has been set-up in conjunction with Dubai Islamic Bank offering preferential conditions, including competitive interest rates and repayment terms.
The Gouvernment Procurement program is dedicated to supporting business initiatives by allocating at least 5% of procurement activities to select companies registered with the establishment, in turn creating alliances with private corporations.
“Business Centre” provides fully equipped office space at a minimal cost.
“Business Village” is a business park initiative to be completed by September 2008. It offers plentiful facilities such as office space, a business center, administrative and consulting services, financial assistance and other accommodating options while featuring state of the art amenities.
Since 2002, we have been seeing our vision through with steadfast dedication, purpose and hard work. Lowering the barriers for new entrepreneurs, while catalyzing the growth and development of small and medium business sectors, key sectors of the economy, we deliver an important contribution to the UAE. We offer support to new businesses by providing ‘a platform for ideas’, a ‘gateway to government procurement activities’, financial assistance, and inspiration.
I would like to wish you a warm welcome to SME, an organization dedicated to nurturing the entrepreneurial spirit in the UAE and translating this vision into a reality in which everyone will prosper.