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Dubai SME, the agency responsible for the development of the Small and Medium Enterprise (SME) sector of the Dubai Economy, has signed an agreement to strengthen its partnership with the region’s leading cultural, shopping, attractions and entertainment multicultural family destination Global Village. Support the UAE’s business plan.
Agreement signed on the 26thday The season of the global village lasts until 10day In April 2022, it aims to provide an exclusive space as one of Dubai’s best commercial platforms for projects in emerging countries. According to the agreement, 25 kiosks in the global village have been allocated to Emirati to carry out and develop their business.
Dubai SMEs have received more than 200 applications for global villages through its online registration portal. Eligible candidates are selected by a committee composed of representatives of Dubai SMEs and global villages. These 25 kiosks are allocated to start-ups in the Food and Beverage (F&B) sector, mainly restaurants and cafes wholly owned and operated by UAE nationals. Priority will be given to Dubai SME members, existing restaurants/cafes in Dubai, new concepts, and entrepreneurs seeking to participate in the global village for the first time.
Participating in the Global Village will provide ambitious UAE entrepreneurs with exciting experiences and opportunities, allowing them to test their innovative spirit and excellence as well as business development skills. The unique exposure will also enable UAE entrepreneurs to improve the competitiveness and sustainability of their businesses, while also supporting the economic development of Dubai and the UAE.
One of the priorities of Dubai SMEs is to increase the presence of UAE products in various local and global forums, thereby creating more opportunities for entrepreneurs to turn their ideas into reality and gain more knowledge and knowledge in successful businesses Experience.
Abdul Baset Al Janahi, CEO of Dubai SMEs, Commented: “Dubai SMEs and Global Village have maintained a partnership for more than 15 seasons. During this period, we have supported 689 different projects, of which food and beverages have been an important part of the past five years. We are here to cooperate The total value of the support provided under the partnership has now reached AED 75.6 million. We thank the Global Village team for extending their platform to aspiring entrepreneurs.”
In addition to various forms of support each season, participating in the global village also entitles entrepreneurs to receive special rewards. The average quarterly sales of UAE projects are 8 million dirhams, which in itself is an incentive for UAE youth, especially recent graduates, to succeed and gain strength.
I am pleased with the continued cooperation with SMEs in Dubai Bader Anwahi, CEO of Global Village, Said: “We believe in the importance of entrepreneurship and its role in promoting innovation, driving economic growth, and creating opportunities for young people in our country. The global village is where SMEs acquire the necessary expertise to optimize project management, develop business, and ultimately An excellent platform to achieve your goals.”
Anwahi said that the global village also provides broad prospects for international companies. “It is an ideal platform for any business or project, and it provides unlimited opportunities to introduce and incubate concepts in the region. Supporting ambitious UAE youths to explore new business opportunities in various fields and establish partnerships, which is very important to the UAE’s economic prosperity. We are proud to be able to play a role in strengthening Dubai’s SME ecosystem, enabling SMEs to obtain a significant return on investment, and supporting the UAE government’s strategy to develop a stronger entrepreneurial ecosystem.”
Entrepreneurs who joined the global village in the past few seasons have benefited greatly from the exposure and support provided by SMEs in Dubai. TripX project owner Marwan Falaknaz said: “The Global Village is a unique business platform for launching new projects. The advantages provided by Dubai’s SMEs are also encouraging because it provides working space at a competitive price, and provides business opportunities in terms of operations and marketing. Home to provide valuable guidance.”
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