Dubai SME to support 8,000 new Emirati businesses by 2033

Ahmad Al Room Almheiri, Acting CEO of Dubai SME, highlighted the establishment’s commitment to integrating artificial intelligence and advanced technologies to enhance its services, analyse market trends, and improve the efficiency of its support.

He said Dubai SME utilises smart tools to identify opportunities, provide specialised consultancy, and deliver digital training. A significant portion of licensing and technical support processes has been automated.

Dubai SME support for startups

Almheiri said: “AI will also be instrumental in monitoring business progress and enabling swift responses to challenges”.

He added that Dubai SME offers training programs to equip entrepreneurs with the skills to integrate AI into their operations, thereby fostering innovation, scalability, and global competitiveness.

The organisation provides seed and expansion funding through the Mohammed Bin Rashid Fund for SME, as well as commercial licences for AED1,000 ($272).

Furthermore, incubator space is available at the Hamdan Centre for Giftedness and Innovation, targeting sectors such as AI, the digital economy, and fintech.

Dubai SME also prioritises productivity and sustainability by offering relevant tools and resources.

These include a grant programme for innovative ideas, an initiative to facilitate e-commerce entry, and a procurement programme mandating government and semi-government entities to allocate 10 per cent of their purchases to members.