startups
SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June
UAE leads the region in the fintech startup sector, with over 550 companies currently operating in this field
The initial focus of Project Aperta will be on trade finance for SMEs
Digital upskilling, tailored expertise and a global platform will help SMEs faster climb the ladder to success
CEOs of unicorns noted that Dubai is an ideal gateway for launching global digital initiatives
In5 Science provides a platform for over 35 innovative science start-ups
The platform aims to improve government solutions for better service delivery and adaptability
At the event, DBLC will launch solutions to enhance the investor experience and improve business operations in Dubai
The chamber will showcase the top facilities and infrastructure in the emirate for supporting digital startups
EDB will provide guarantees of up to 50 percent for the financing offered to SMEs by ADIB
During its pilot phase, the program awarded 54 contracts to 49 SMEs, averaging AED1.8 million each
