Sharjah: The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), under the Sharjah Department of Economic Development, launched the first edition of the 'Ruwad Community' initiative on Saturday in Aljada. The event brought together national small and medium enterprises (SMEs) and 20 private sector institutions, offering them dedicated spaces to showcase their services to entrepreneurs. The initiative aims to strengthen partnerships between SMEs and private companies, fostering a more vibrant entrepreneurial ecosystem in the emirate.
According to Emirates News Agency, twenty companies and organisations took part in the initiative, representing sectors including banking, marketing, human resources, feasibility studies, accounting, and e-commerce. Their participation showcased the wide range of support services available to entrepreneurs in Sharjah.
Fatima Al Ali, Director of Ruwad, officially inaugurated the event, which was attended by more than 70 entrepreneurs, including RUWAD members and young individuals interested in entrepreneurship. The event created opportunities for networking and showcasing various business services.
Al Ali stated that the initiative seeks to create a platform that connects SMEs with private sector companies. She emphasised that the exposure to services and facilities offered by these companies can contribute to project development, access to competitive offers, and the signing of strategic contracts in administrative, financial, and marketing fields.
She extended her gratitude to the participating companies, highlighting the link between the private sector and entrepreneurship. She noted the role of private institutions in delivering services, supported by their expertise, knowledge, and tools, ultimately creating value for both sides and enhancing local and foreign investment.
The initiative also acted as a promotional platform for Ruwad member projects, enhancing their revenue potential through possible contracts with private sector companies. The initiative connected members with fresh service providers and assisted the Ruwad team in refreshing its database of engaged and prospective individuals in the entrepreneurship landscape within and outside Sharjah.