Ministry of Economy briefs Emirati entrepreneurs on Government Procurement system

ABU DHABI, june 1st, 2022 (WAM) — The Ministry of Economy’s National Program for Small and Moderate Enterprises held several teaching workshops for Emirati business owners and proprietors of SMEs to highlight the mechanisms of leveraging procurements and tenders presented by the companion entities under this program through the federal government Procurement system.

The workshop, that was organised in collaboration with companions, highlighted the possibilities provided by the programme also.

Faisal Al Hammadi, Performing Assistant Under-Secretary for SMEs and Entrepreneurship, mentioned that the UAE, based on the leadership’s directives and vision, adopts a strategic method of advancing nationwide entrepreneurship in being truly a driver for the country’s future economic climate and a pillar of the brand new national economic design based on resilience, sustainability and diversification. It is relative to the ‘Tasks of the 50’ furthermore.

Al Hammadi observed that the Ministry of Economic climate is moving forward using its endeavours and initiatives together with the concerned government and municipality entities, and in cooperation with the global and local private industry and academic and analysis institutes as well.

“THE FEDERAL GOVERNMENT Procurement system can be an important way to obtain support for Emirati business owners. Through working out workshops, we look for to improve Emirati entrepreneurs’ market reveal and improve their contribution to the nationwide economic climate by facilitating their usage of government procurement transactions introduced through the Programme’s platform. This can support their development and revenues opportunities, and foster entrepreneurship sector’s contribution to the nationwide economy,” he added.

He more noted that the Nationwide Programme allows Emirati business owners to take advantage of the available possibilities in hospitality, facility administration, designing and media solutions, fourth industrial revolution apps, and artificial intelligence.

He elaborated on growing companions of the Digital Procurement Program by adding brand new entities from the federal government and private sector.

Working out workshops witnessed participation of 130 people. These workshops centered on promoting possibilities for Emirati entrepreneurs to attain tenders raised upon the national federal government Procurement platform. That is facilitated by highlighting brand new available possibilities that fulfills certain requirements of different entities, means of achieving them, and confirming the importance of registering entrepreneurs within the National Program for Tasks and SMEs. This might enable them quick access to procurements and tenders subsequently.

The workshops highlighted a guide explaining the registration procedure further, while also enlightening business owners with errors and difficulties they could face while trying to get tenders. The programme can be set to calculate how entrepreneurs reap the benefits of those workshops for upcoming improvements with partners.

The National Program for Tasks and SMEs web site www.uaesme.ae, offers extensive information on the program’s initiatives and providers intended for entrepreneurs. The program welcomes any queries via email further, uaesme@economy.ae, or even by contacting the Ministry of Economic climate number: 8001222.

Last March, the Ministry of Economic climate launched its new eyesight for the National Program of Tasks and SMEs, through which it provides Emirati entrepreneurs a couple of unique and extensive initiatives and solutions to market the growth of these projects and offer quick access to markets.

It offers the federal government Procurement Programme, the ongoing business Support services, and the Financing Options Programme. The National Program additionally initiated twenty-five partnerships with leading govt and private institutions to build up providers and initiatives under these
three programmes.

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