The initiative is open to all SMEs founded in Dubai and is designed to empower businesses to expand internationally
The fintech platform is currently in discussions with multiple UAE banks about rolling out its solutions
Emirates Development Bank approved Dhs1.3bn towards financing mSMEs and Dhs3.1bn to fund industrial development and infrastructure projects
Many SMEs do not have access to bank borrowings, purely because banks are generally reluctant to provide funding to companies that have smaller balance sheets
Motivate Media Group’s $1m campaign to support SMEs in the UAE has received approval from the Dubai government
© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.