“We want our youth to build their own companies, contribute to our economic development, and seize the immense opportunities our national economy offers,” Sheikh Mohammed said.
Coordinated efforts across government and private sector
As part of the campaign, the UAE Cabinet will roll out a series of new initiatives and has urged government entities, institutions, and the private sector to play an active role in advancing its goals.
The program seeks not only to equip entrepreneurs with skills but also to cultivate broader societal awareness of the importance of entrepreneurship, at a time when the UAE is experiencing a major economic upswing.
UAE’s strong entrepreneurial ecosystem
Sheikh Mohammed noted that the UAE already hosts 50 business incubators nationwide, with small and medium-sized enterprises (SMEs) contributing more than 63 percent of the country’s non-oil GDP.
The UAE also ranks among the world’s top 56 economies in terms of SME support and business environment competitiveness.
