Home » News » Empowering Youth Entrepreneurs in the Hatta Region: Support from Mohammed bin Rashid Establishment for Small and Medium Enterprises Development

Empowering Youth Entrepreneurs in the Hatta Region: Support from Mohammed bin Rashid Establishment for Small and Medium Enterprises Development

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development has confirmed its keenness to provide support to entrepreneurs in the Hatta region in various fields, which comes in implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aimed at empowering the youth category. From the residents of the region to start their projects and implement their creative ideas, to ensure sustainable economic development of the Hatta region, as well as contribute to raising the standard of living and well-being.

According to a statement issued yesterday, the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, during the year 2022, made efforts to train and qualify the youth of Hatta who wish to start or expand their own projects, as it organized training courses and specialized programs, during which it provided a lot of advice, guidance and useful information. For entrepreneurs from the people of Hatta, as last year witnessed the organization of 19 workshops, in which 401 participants participated, while two specialized programs were organized, namely the Certified Professional Diploma for “Commercial” and “Agricultural” Entrepreneurship, in which 103 citizens participated, within 52 projects, while… During the past period of this year, several training courses were organized in creative thinking in entrepreneurship, as well as leadership in entrepreneurship, creativity management, and e-commerce, while the courses continue to develop the trainees’ experiences and hone their skills.

According to the Corporation’s data and the services it provides according to the approved channels, 34 exempt commercial licenses were issued through the Corporation in the Hatta region, including 8 home licenses, during the past year and the last period of this year.

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development was keen to provide financial financing to a number of projects, to enable them to launch and expand, and it always welcomes the provision of financial support for projects that add value to the Hatta region and its people, as it encourages citizen entrepreneurs to reach it and submit financing applications. .

An example of the projects that the Foundation supported with loans for establishment, as well as for expansion, is the Hatta Mountain Apiaries Project (Al-Duror Honey and Dates), in which an apiary consisting of 3,000 beehives was established, with a production capacity of more than 20 tons of honey per year, which will be It also has an agricultural environmental impact.

The Executive Director of the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, Abdul Basit Al Janahi, said that within the framework of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enable the youth population of the Hatta region to start their projects and implement their ideas, The Foundation has implemented an integrated plan targeting this category, providing them with financial and technical support. It is also continuing its efforts to expand the circle of beneficiaries of the services provided by the Foundation, for the benefit of the people of the Hatta region.

2023-10-30 20:52:10
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