Page 191 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/20/24, 10:35 AM Newspaper | Megazine | Blog | Sheraa discusses strengthening Sharjah's position as regional entrepreneurship hub
Minister Al Marri stated that Sharjah is set to contribute significantly to placing the UAE as a global hub for
entrepreneurship by 2031 thanks to its startup ecosystem's strengths in future sectors. The emirate's status as a
thriving entrepreneurial hub was once again underlined by the 2024 Global Startup Ecosystem Report (GSER) that
ranked Sharjah 4th in the GCC, and 7th in the MENA region's startup ecosystem rankings.

He added that the support offered by Sheraa to enterprises, including talent and capability building, mentoring, startup
incubation and wide-ranging market access, has contributed tremendously to this success.

Dr. Al Dahak said, "It's an honour to join Sheraa's Board of Advisors and have the opportunity to contribute to the UAE's
thriving entrepreneurship ecosystem. I would like to thank Sheikha Bodour bint Sultan Al Qasimi for having me on
onboard and commend her efforts in leading Sheraa to new heights.

"Innovation and entrepreneurship can help forge effective climate solutions, and as an entrepreneurship platform,
Sheraa can support and nurture startups that focus on environmental sustainability and climate resilience and raise
climate awareness. I look forward to more projects offering climate-friendly solutions and addressing critical challenges
such as clean energy, biodiversity loss, securing food systems, and waste management, among others, leading the
UAE towards a sustainable future."

The session provided a platform for discussing Sheraa's current strategic positioning and offerings, with initial feedback
sought on how to advance its mission of growing Sharjah's entrepreneurship ecosystem.
The meeting included a comprehensive presentation led by Sara Al Nuaimi, followed by strategic discussions.

As the major engine fueling these achievements, Sheraa has trained and upskilled a talented community of over 18,000
entrepreneurial youth, supported a comprehensive ecosystem of over 420 startups, including over 180 incubated
ventures that have raised over $171 million in funding, generated over $248 million in revenue, and created well over
1,900 jobs, contributing to the UAE's national economy.

Moreover, Sheraa's flagship event, the Sharjah Entrepreneurship Festival has solidified the emirate's reputation as a
premier hub for talent, drawing over 30,000 changemakers from around the globe across its seven editions.

The meeting was attended by board members.

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