Page 186 - 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…
programs and initiatives that enhance the competitiveness of the business environment. These efforts also seek
to expand the base of 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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