Dubai SME and property developer launch AED1m entrepreneur prize

Unleash Your Inner Entrepreneur Campaign is a way to contribute towards the UAE Year of Giving

In line with the UAE declaring 2017 as the year of giving, leading property developer and real estate management company, International House for Real Estate Project Management (IHRPM), is launching the Unleash Your Inner Entrepreneur Campaign. This competition is aimed at giving future entrepreneurs a once-in-a-lifetime opportunity to take the next step in developing their business.

The competition has been launched in partnership with Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, and a team of reputable firms that will boost the final winner towards operating a successful enterprise in the UAE. It is designed for aspiring small businesses and entrepreneurs across the GCC, including UAE and GCC nationals for the Nad Al Hamar venue.

Abdul Baset Al Janahi, CEO of Dubai SME: “We are pleased to support the Unleash Your Inner Entrepreneur campaign and we consider it a significant effort towards unlocking the entrepreneurship potential in the community. The comprehensive SME ecosystem which Dubai SME is committed to create and sustain covers all aspects of identifying, promoting and developing entrepreneurial talent.”

“As per the vision of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the Unleash Your Inner Entrepreneur Campaign is our way of contributing towards the UAE Year of Giving Initiative. We want to encourage aspiring small businesses and give rise to a new generation of entrepreneurs, especially those who possess a truly unique business idea,” Rasha AlMutawa, Vice President of IHRPM.

She said: “Apart from providing the new businesses with a rent-free space, we have also partnered with several established companies who will afford some of their expert services to the winners free of cost.”

IHRPM has selected an incubator partner for each location to help pilot the entrepreneur through all the processes required to set up a business in Dubai. The Nad Al Hamar winner will work with Dubai SME, which will provide well-rounded guidance for the entrepreneur to kick-start their business. In addition to assistance in setting up their business, Dubai SME will provide the Emirati winning entrepreneur with a free specialised training program, free consultation as well as subsidised license and for non-Emirati winners will provide free specialised training and free consultation.

Competition Mechanics

Entrepreneurs looking to participate in this unique competition can share their expression of interest and basic details about their business concept by visiting www.nadalhamaravenues.com and submit their business plan via Al Khaleejiya Radio’s website www.1009.ae . Alternatively, any UAE resident can enter to win a year’s free rent at 93-94 Avenues by submitting their business plan to www.9394avenues.com . Participants will have the opportunity to view the two developments and learn more about the USPs of the locations. Selected candidates will be contacted via e-mail and phone to move onto the next stage of the selection process.

IHRPM’s value added partner companies include Space Matters, Fun Loving Digitals, VideOh, BM Photography, Q Communications, Joie Brands, Action Coach, Ribbon Consulting, Xcel Accounting and Matrix.

For more details visit www.nadalhamaravenues.com and www.sme.ae

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