Page 27 - MAJRA PR REPORT - NOVEMBER 2024

11/28/24, 1:11 PM National CSR Fund – MAJRA participates in the Third Sector Forum in Abu Dhabi to promote growth opportunities for social entrep…
insights into the CSR projects and the requisite measures that can be adopted to implement
them and create a positive impact on society.

A presentation was delivered during the session that delved deep into the specific needs of

social entrepreneurs at both the early and later stages of their projects. This presentation also
included a study that showcased the lack of crucial support for these entrepreneurs during the
later stages of projects compared to those in their early stages. The study also focused on

strategies for launching and promoting early-stage projects, revealing a strong emphasis on

these strategies compared to those required for later-stage ventures.

During the session, speakers responded to specific questions related to the study while Sarah

Shaw emphasised the significance of CSR initiatives launched by Majra in supporting social
entrepreneurs. She noted that these initiatives are well-aligned with the specific needs of

entrepreneurs at various stages of their projects.

Sarah Shaw, Director of the National CSR Fund – MAJRA, said: “At the National CSR Fund –
Majra, we are committed to launching CSR initiatives that support third sector institutions and

social entrepreneurs. These initiatives are crucial to creating a supportive environment where
social entrepreneurs can bring their projects to life, enabling them to make a positive impact
on society. It also stimulates the progress and prosperity of social enterprises, fostering

innovation and social impact. Strategic guidance, coupled with financial support, can
significantly contribute to the growth and development of such projects and organisations. We

seek to develop CSR programs that provide the necessary financial support to empower third
sector institutions and bring about tangible changes in society.”

She added: “We also seek to provide collaboration opportunities and mentorship programs, as

well as foster knowledge exchange to enhance the positive impact on society. In line with this,
we have developed initiatives that support enablers by aligning private sector resources with
social entrepreneurship needs, fostering an environment that is conducive to innovation. We

look forward to making more social contributions and collaborating with stakeholders, thereby
advancing the progress of third-sector institutions and social entrepreneurship in the UAE.”

Sara Shaw emphasised Majra’s efforts to support CSR projects and provide them with social

and financial services, advancing their progress and prosperity. The Fund is keen to launch
more CSR initiatives that promote a culture of corporate social responsibility, encourage

cooperation between the government and private sectors, as well as consolidate sustainability

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