Continuing to play a key role in educating, guiding and supporting new entrepreneurs across the emirate, the Sharjah Entrepreneurship Center (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI), have signed a Memorandum of Understanding (MoU) to further develop the entrepreneurship ecosystem.

The MoU, signed by H.E Najla Al-Midfa, CEO of Sheraa, and H.E Abdallah Sultan Al Owais, Chairman of the SCCI, highlights the synergies between both parties and their mutual intent to put Sharjah on the map, as a leading and vibrant hub for entrepreneurship. The signing took place on the sidelines of Sharjah Entrepreneurship Festival (SharjahEF), one of the largest entrepreneurship festivals in the UAE and a landmark entrepreneurial event in Sharjah.

Najla Al-Midfa, CEO of Sheraa, said, “For over 40 years, the Sharjah Chamber of Commerce has been a key player in fostering entrepreneurship. This collaboration is therefore a natural next step for Sheraa, as it helps us achieve our shared vision of creating a vibrant entrepreneurship ecosystem, providing entrepreneurs with the resources they need to succeed.”

The strategic alliance serves as a platform, providing SCCI members admittance to Sheraa’s programs and events, while Sheraa supported startups will gain access to the services provided by the Chamber.

HE Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), stated that the signing of a memorandum of understanding with the Sharjah Entrepreneurship Center – Sheraa is due to the chamber’s keenness to expand its circle of partners in order to provide the best facilities and services to entrepreneurs who are also members of the chamber. The MOU was also signed due to the chamber’s vital role in supporting the entrepreneurship sector, which receives priority in many of its strategic initiatives that contribute to enhancing Sharjah’s place as the ideal destination for doing business in the region.

Al Owais praised the efforts and the active role of Sheraa in supporting SMEs in the Emirate of Sharjah, developing the entrepreneurship sector, and creating an environment that is suitable for investing, as well as providing services to entrepreneurs by training, preparing, financing and promoting their successes and the contribution of their institutions to the emirate’s GDP. He remarked that the chamber will commit to activate the terms of the MOU signed with Sheraa to ensure that entrepreneurs receive maximum benefits in the emirate.