SME Congress and Expo to facilitate budding entrepreneurs

RetailME Bureau

The SME Congress and Expo will take place from the December 16-18 at the Abu Dhabi National Exhibition Centre, announced Informa Exhibitions. With the Abu Dhabi Chamber of Commerce and Industry (ADCCI) and Abu Dhabi Department of Economic Development (ADDED) as strategic partners and the Federation of UAE Chambers of Commerce and Industry and Nexus as event partners, the event was developed to empower budding entrepreneurs who run or are considering opening their own business. This new event will support a government drive to grow small and medium enterprises (SMEs) – that play a fundamental role in strengthening economic fabric, furthering growth, innovation and prosperity of nations. In most developed economies SMEs represent 60%-70% of employment and more than 50% of GDP. The SME Congress and Expo will support the Abu Dhabi Economic Vision 2030 of developing SMEs in order to build a sustainable and vibrant economy by growing this vital section of businesses, helping to diversify the UAE economy(increasing non-oil revenue from around 40% to 60%)and increasing productivity.

“ADDED is delighted to be associated with the SME Congress and Expo as a strategic partner. SMEs are essential to the emirate of Abu Dhabi achieving its economic diversification and growth goals. We see events such as the SME Congress and Expo as important for SME development, where entrepreneurs and SMEs can learn and interact with others,” believes Hamad Al Mass, international economic relations, executive directorat the Abu Dhabi Department of Economic Development.