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Ministry of Economy briefs local entrepreneurs on Government Procurement system

Ministry of Economy briefs local entrepreneurs on Government Procurement system
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The Ministry of Economy’s National Programme for Small and Medium Enterprises held several training workshops for Emirati entrepreneurs and owners of SMEs to highlight the mechanisms of leveraging procurements and tenders presented by the partner entities under this programme through the Government Procurement system.

The workshop, which was organised in collaboration with partners, also highlighted the opportunities offered by the programme.

Faisal Al Hammadi, Acting Assistant Under-Secretary for Entrepreneurship and SMEs, stated that,

The UAE, in line with the leadership’s vision and directives, adopts a strategic approach to advancing national entrepreneurship in being a driver for the country’s future economy and a pillar of the new national economic model based on resilience, diversification and sustainability. It is also in accordance with the ‘Projects of the 50’.

Al Hammadi noted that the Ministry of Economy is moving forward with its endeavours and initiatives in partnership with the concerned federal and local government entities, and in cooperation with the local and global private sector and academic and research institutes as well.

"The Government Procurement system is an important source of support for Emirati entrepreneurs. Through the training workshops, we seek to increase Emirati entrepreneurs’ market share and enhance their contribution to the national economy by facilitating their access to government procurement transactions presented through the Programme’s platform. This will support their revenues and growth opportunities, and foster entrepreneurship sector’s contribution to the national economy,"

he added.

He further noted that,

The National Programme allows Emirati entrepreneurs to benefit from the available opportunities in hospitality, facility management, designing and media services, fourth industrial revolution applications, and artificial intelligence.

He elaborated on expanding partners of the Digital Procurement Programme by adding new entities from the government and private sector.

The training workshops witnessed participation of 130 people. These workshops focused on promoting opportunities for Emirati entrepreneurs to achieve tenders raised on the Government Procurement platform. This is facilitated by highlighting new available opportunities that fulfills the requirements of various entities, ways of achieving them, and confirming the significance of registering entrepreneurs in the National Programme for SMEs and Projects. This would subsequently enable them easy access to procurements and tenders.

The workshops further highlighted a manual explaining the registration process, while also enlightening entrepreneurs with challenges and errors they may face while applying for tenders. The programme is also set to measure how entrepreneurs benefit from those workshops for future improvements with partners.

The National Programme for SMEs and Projects website www.uaesme.ae, offers comprehensive information on the programme’s services and initiatives intended for entrepreneurs.

The programme further welcomes any queries via email, uaesme@economy.ae, or by calling the Ministry of Economy number: 8001222.

News Source: Emirates News Agency

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