Page 39 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

6/5/24, 4:13 PM UAE MoIAT, ECI, Sheraa to empower SMEs, entrepreneurs in industrial sector
UAE MoIAT, ECI, Sheraa to empower

SMEs, entrepreneurs in industrial sector

Fri, 31 May, 2024 By Shilpa Annie Joseph, Official Reporter Follow author on

Rep. Image | Courtesy: ArthurHidden @ Freepik

UAE Ministry of Industry and Advanced Technology (MoIAT), Etihad Credit

Insurance (ECI), and Sharjah Entrepreneurship Centre (Sheraa) have signed

a Memorandum of Understanding (MoU) to provide technical support,

strategic consultation, and capacity building for entrepreneurs and

industrial SMEs to help them access local and international markets.

The agreement aims to propel entrepreneurial growth in the region through a

multifaceted approach including strategic advisory, capacity-building initiatives,

and market access.

The agreement will pave the way for startups to thrive in line with the National

Strategy for Industry and Advanced Technology, by tapping into a wealth of

resources for growth and development.

ECI will provide vital support in financial risk mitigation, funding access, and

invaluable networking opportunities on a global scale, further propelling

entrepreneurial growth in the region.

The MoU was signed by Osama Amir Fadhel, Assistant Undersecretary of the

Industry Accelerators Sector at MoIAT; Najla Al Midfa, CEO Sheraa; and Raja Al

Mazrouei, CEO of ECI.

https://www.gccbusinessnews.com/uae-moiat-eci-sheraa-empower-smes/ 1/3