In presence of Minister of Economy and Tourism

Ministry of Economy and Tourism and Emirates Growth Fund sign MoU to boost SME growth and accelerate global market access

Partnership to enhance the role of SMEs in the development of UAE’s economic clusters

Abu Dhabi, 16 January 2024:

The Ministry of Economy and Tourism (MoET) signed a Memorandum of Understanding (MoU) with the Emirates Growth Fund (EGF) to strengthen the role of small and medium-sized enterprises (SMEs) in the development of the UAE’s economic clusters, support their sustainable growth, and accelerate their access to regional and international markets. The MoU focuses on empowering SMEs, fostering innovation, and launching advanced accelerator programmes that enhance their capacity to scale and expand. This collaboration aims to increase SMEs’ active contribution to the national economy and reinforce the UAE’s position as a leading global destination for entrepreneurship.

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