GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

    Share
• His Excellency Dr. Ahmed Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, witnesses the launch of Sheraa's 5-Year Impact Report charting its journey as a leading force in transforming Sharjah's impact-driven entrepreneurship ecosystem 
• Five of Sheraa's top portfolio startups pitched to the Minister, followed by an open roundtable discussion with 40 founders on entrepreneurship in the UAE
 
Sharjah, June 9, 2021:  The Sharjah Entrepreneurship Centre (Sheraa) hosted a visit by H.E. Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises, to explore Sharjah's growing startup ecosystem and Sheraa's founder-focused approach to ecosystem building, as well as connect with some of UAE's top startups supported by Sheraa. 
 
H.E Dr. Ahmad Belhoul Al Falasi engaged with 40 of Sheraa's portfolio startups in an open roundtable discussion on the challenges and opportunities for early and growth stage companies in the UAE, tackling pressing topics such as financing and funding gaps, corporate and public partnerships, and founder-friendly policies and regulations. 
 
The visit also provided startups a unique opportunity to present to the Minister of State for Entrepreneurship and SMEs, showcasing their entrepreneurial journeys and their contributions in transforming the UAE. The five startups included Almentor.net, an Arabic e-learning platform, Rise, a wealth management app and platform for migrants, Joi Gifts, an e-commerce gifting platform, Mughamer.com, the newly launched Sharjah-incubated adventure and tourist activities booking website, and The Concept, a startup that specializes in creating eco-friendly hardware and technology solutions for clients.
 
During the visit, Sheraa's CEO Najla Al Midfa presented the center's five-year impact report titled The Rise of an Ecosystem: 5 Years of Creating Impact 2016-2020, which detailed how Sheraa's founder-first philosophy drove Sharjah's transformation into an entrepreneur-friendly and impact-driven entrepreneurship ecosystem.  
 
The report offers insights into Sheraa's emergence as a key pillar of the UAE's ecosystem where it has impacted a community of over 17,000 changemakers across sectors, placing Sharjah strongly on the global startup map. By empowering founders to develop globally competitive, sustainable companies in priority market sectors, Sheraa has been fueling Sharjah's long-term strategy of driving impact and achieving high economic growth through inclusive policies designed to transform communities.
 
The 114 startups supported by Sheraa during the past five years have created over 1,300 jobs, and have registered a 65% survival rate. Notably, 48% of Sheraa-supported startups are led by females, driving the emirate's efforts at economic diversification.
 
Addressing the attendees and participants during the visit, H.E. Dr. Ahmad Belhoul, said: “The Ministry of Economy and our partners are keen to constantly and actively engage with entrepreneurs and SME-owners in the country to find effective solutions to the challenges that businesses face in the post-Covid phase. By working together, we will be able to better capitalize on emerging opportunities; better utilize local funds in supporting entrepreneurs, make their voices heard, and collaborate on development and support programs at the local and federal levels.”
The Minister's visit comes as part of the Ministry's efforts to reinforce, develop and grow UAE's global positioning as one of the top-ranking startup destinations in the world through collaboration with leading startup ecosystem builders such as Sheraa.
 
On her part, Najla Al Midfa, CEO of Sheraa, said: “It was an honour to convene Sheraa's vibrant community of impact-focused entrepreneurs to engage in an open conversation with His Excellency Dr. Ahmad Belhoul Al Falasi on the UAE's startup ecosystem. Roundtable discussions like these exemplify Sheraa's founder-first philosophy, and the strong achievements highlighted in our five-year impact report are a testament to what is possible when this ethos is encoded into an ecosystem's DNA.”
 
She added: “Under the visionary leadership of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, Sheraa reiterates its commitment to establishing Sharjah as an inclusive, entrepreneur-friendly city. This commitment is in line with the UAE's ambition to cement its position as a leading destination for entrepreneurs around the world.”
 
Sheraa's impact report can be downloaded on their website on sheraa.ae/impactreport.



Posted by : GoDubai Editorial Team
Viewed 5642 times
Posted on : Wednesday, June 9, 2021  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Emirates Post CEO Peter Somers wins Industry Leadership Award at World Post & Parcel Awards 2021
Next Story : Dugong and Seagrass Toolkit Selected Among Top 25 UAE Government Innovations
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Korean Food Gains Global Acceptance with 4% Market Share and US$10 BN Revenue in...
Al Ansari Exchange sees surge in non-resident transactions in first 10 days of E...
For Every Story, For Every Me
The Tonda PF Collection- A Purist's Delight for Those in the Know
Big Crown ProPilot Big Date Bronze- Flair Time
Global Music Stars Relaunch Pandora ME for the Creative Next Generation
TURKEY'S Rumeysa Gelgi is warded GUINNESS WORLD RECORDS™ Title for Tallest Woman...
LG Releases Preliminary Earnings For Third-Quarter 2021
Pandora Introduces New Limited-Edition Charm in Support of Unicef
Wash Day Essentials: The Only Collection You'll Need for Perfect Curls
Malabar Gold & Diamonds Launches ‘Bella Collection' – Dazzling 22k Gold Jewelle...
Foxyskin Unveils Grooming Products for the Modern Man
TCS Saudi Arabia Wins World Leadership Congress Award
OMEGA Reveals the Secret of James Bond's Watch
Arab Fashion Week Celebrates its Return to Physical Shows at Dubai Design District
Aster Hospitals UAE Launches Oncology Centre in Dubai
Jaguar Land Rover Trials World-first Digital Supply Chain for Leather Using Bloc...
Germany Lifts Travel Restrictions for GCC Travellers
Hitachi Energy goes Live
Leading Cloud Managed Service Provider G7 CR Technologies to Launch STAB Program...
Hyundai Motor Signals Carbon Neutral Commitment through New ‘Expecting Generatio...
Etihad Raises US$1.2 Billion in First Sustainability-Linked ESG Loan in Global A...
UAE to Form Women's World Tour Team Exciting Project Set to Launch for 2022
Boom of Attendance at WHITE Milano. Over 13,000 visitors, 85% of whom were buyers.
Kristina Fidelskaya — Spring / Summer 2022 'Peace' Collection
Oblique Creations Showcases the A/W 21 Collection in Dubai
Expo 2020 Opens a New Era for Dubai's Tourism Industry
Malabar Gold & Diamonds Signs Up Superstar Karthi as Brand Ambassador in Tamil Nadu
KENZO Sport Collection
Would-be Race Stars Set Big Challenge as Esport Breaks New Ground in Dubai
De Montfort University Dubai, expands footprint with employability focused progr...
Abu Dhabi University Fosters Women Excellence in Engineering and Computing Research
International Protein (UAE), Anda Burada (Turkey) & Shadana Yoga and SunBox from...
Ministry of Health to Showcase State-of-the-Art Digital Health Services at GITEX...
Award-Winning Director Joe Wright Partners with Samsung to Unveil a New Film Cap...
An Expo-nential QX80 Offer Brought to you by INFINITI of Arabian Automobiles
Sahab Smart Solutions Demonstrates its Commitment to Quality with Three ISO Cert...
Pink October: Downtown Dubai Will Illuminate in Pink to Raise Awareness This Weekend
du Set to Showcase Solutions that will Empower UAE Government Entities at GITEX ...
Cleveland Clinic Abu Dhabi Announces Three Breast Cancer Studies
New Program for Saudi Arabia Healthcare Professionals Targets Healthcare Managem...
Mashreq NEO to become first Digital Bank in UAE to use Facial Recognition for Ba...
Toric Hemispheres Retrograde Steel Blue The Distinguished Traveler
Sharjah Set to Host Two Popular Events for Education and Employment
Novartis Sheds Light on Breast Cancer Awareness at the Swiss Pavilion during Exp...
Nissan Marks the Launch of Expo 2020 Dubai with Exciting ‘Let's Move' Campaign
Ice Warrior 12, Women's Cycling Challenge in Al Marmoom and ContiFit Challenge T...
Abu Dhabi University Signs a Memorandum of Understanding with ATOMENA Energy Sol...
Ministry of Health Successfully Wraps Up 'School Lunchbox' Program
Dubai Police Recover Coach Cosmin Olăroiu's Stolen Watch and Arrest Three S...