UAE Council for Entrepreneurship highlights plans to support SMEs

The UAE Council for Entrepreneurship held its second meeting of the year, chaired by Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship.

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It was attended by council members representing federal and local government entities, economic development departments, and various councils and funds promoting entrepreneurship in the country.

The meeting forms part of continuing efforts to enhance the national entrepreneurial landscape and strengthen its enablers in line with the goals of the “We the UAE 203!” vision.

The Council reviewed the recommendations of its inaugural meeting and the progress in their implementation. Moreover, it reviewed the Federal Law No. 2 of 2014 on Small and Medium Enterprises (SMEs); the development of a unified database for entrepreneurs; and the coordination among local entities to better streamline efforts in supporting the country’s entrepreneurship ecosystem.