Page 218 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
P. 218

4/28/25, 3:22 PM  UAE Council for Entrepreneurship holds second meeting highlighting its plans to enhance the UAE’s business environment and sup…
        H.E. Alia Al Mazrouei stated that the Council continues to develop effective frameworks and future strategies to support
        and empower entrepreneurs by fostering integration among relevant entities and advancing national 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.
























      https://web-release.com/uae-council-for-entrepreneurship-holds-second-meeting-highlighting-its-plans-to-enhance-the-uaes-business-environment-an…  2/2
   213   214   215   216   217   218   219   220   221   222   223