The Emirates Entrepreneurs Association and the Umm Al Quwain Chamber of Commerce and Industry have signed a Memorandum of Takaful (MoU) to enhance institutional cooperation and strengthen the UAE’s national entrepreneurship ecosystem. The agreement focuses on exchanging expertise and leveraging mutual opportunities to support the country’s growing startup scene.
Quick Facts
- Objective: To support the national entrepreneurship ecosystem.
- Key Focus: Knowledge exchange and direct startup support.
- Scope: Includes joint training, events, and market research.
A Strategic Partnership for Startup Growth
The MoU, signed at the Chamber’s headquarters, establishes a strategic partnership aimed at fostering emerging projects and improving the business environment in the UAE. The agreement was signed by Thamer Al Qasimi, Board Member and Executive Director of the Association, and Abdullah Saif Al Hasawi, Board Member and Head of the Entrepreneurship Center at the UAQ Chamber.
The collaboration is designed to develop joint mechanisms that directly serve entrepreneurs and support the expansion of their ventures, contributing to the UAE’s sustainable economic development goals.
From Training to Marketing: A Multi-Faceted Collaboration
The partnership outlines several key areas of cooperation. Both organizations will work together on marketing initiatives and the organization of specialized events focused on entrepreneurship. A significant component of the agreement involves providing targeted training programs and specialized courses for startup founders to develop their management and business development skills.
Furthermore, the collaboration will extend to joint research, studies, and consulting services. This will help create a shared framework for identifying and addressing the common challenges faced by entrepreneurs in the Emirates.
About Emirates Entrepreneurs Association
The Emirates Entrepreneurs Association is a non-profit organization dedicated to developing the UAE’s business sector and motivating its youth to engage in entrepreneurship. The association works to support the country’s economic diversification plans by creating a supportive environment for founders and their ventures.
About Umm Al Quwain Chamber of Commerce and Industry
The Umm Al Quwain Chamber of Commerce and Industry is a public utility institution that works to represent, protect, and advance the business interests of its members in the emirate. It provides a range of services to commercial and industrial organizations to facilitate business operations and promote economic activity.
Source: Al Bayan
