Page 184 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/29/25, 3:15 PM UAE Council for Entrepreneurship holds second meeting highlighting its plans to enhance the UAE's business environment and sup…
entrepreneurial ventures in the country in order to strengthen entrepreneurs’ future readiness, encourage the growth of
startups, and unlock new opportunities for partnerships and investment. This plays a vital role in advancing the national
vision to build a knowledge-based, entrepreneurship and innovation-driven competitive economy and increase the
contribution of SMEs to the national GDP.

Furthermore, the meeting explored the means to better support entrepreneurs and enable them to grow and expand
both locally and globally. Additionally, it discussed various approaches to enhancing coordination among relevant
entities and foster partnerships with both public and private sectors.
The latest Council meeting also reviewed the Youth Entrepreneurship Council Strategy, which aims to empower youth
to lead innovative projects that reinforce the UAE’s global leadership in this vital sector. Besides, the participants
discussed entrepreneurs’ participation in various international expos, as well as proposed engagements for 2025, and
coordination to ensure an effective representation of the UAE in key global entrepreneurship-related events.
The meeting also highlighted preparations for the National Forum for Government Procurement, which aims to enhance
UAE entrepreneurs’ access to government tenders by providing federal entities with an opportunity to present their
projected contracts for the current year. It enables SME-owners to prepare for bids and serves as a platform for direct
communication with contracting authorities to address shared challenges. Furthermore, the Forum will review the latest
developments in the procurement ecosystem and facilitate the exchange of experiences with funding entities,
contributing to the sector’s development.

The meeting concluded with participants reviewing the progress in achieving the goals of the National Agenda for
Entrepreneurship and SMEs, which aims to strengthen the UAE’s position as a global destination for entrepreneurship,
while also driving innovation and increasing productivity within the sector. Discussions focused on the Agenda’s seven
pillars, which include the ease of practicing business, innovation, business support, digital transformation, access to
finance, human capital, and demand increase.

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