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Winners of MSME Honours 2021 across categories from the UAE Image Credit: Supplied

Tally Solutions, a leading international business management software provider, delivering business management solutions for small and medium businesses (SMBs) for over three decades announced the second edition of MSME Honours. It is an annual initiative to identify businesses and entrepreneurs for their contribution in the economic advancement of the nation. The honours will recognise and celebrate the diversity and the positive impact of MSMEs through their best practises at the grassroot level. This makes it an inclusive recognition to ensure that the real impact makers across the tiers of cities, segments and the unsung heroes driving the economy are celebrated.

All businesses with a valid company trade license can participate in this prestigious recognition. Interested entrepreneurs or people who know of such entrepreneurs can submit their entries via by 29th May 2022.

The first edition of MSME Honours received over 1000 nominations globally with over close to 100 businesses recognised and felicitated on the occasion of International MSME Day - June 27, 2021. The winners were celebrated all year long through social media, press, podcasts, etc. This year, in addition to United Arab Emirates, Kingdom of Saudi Arabia and India the honours will also felicitate outstanding businesses from Bangladesh, Nepal, Kenya, and Indonesia.

MSME Honours in MENA will be celebrated across 4 categories to truly bring out the diversity of contributions and success stories:

• Wonder Woman: to honour women who have braved the odds, built a successful business and turned into role models in the business community.

• Business Maestro: The veterans of the industry are the motivational pillars for young entrepreneurs. They have built a strong and sustainable foundation that aims to thrive better.

• Digital Transformer: To honour the businesses that are agile and use modern technology to achieve better results.

• E-preneur icon: Rising solopreneurs based out of UAE that are home grown and creatively deliver to clients

Commenting on the initiative, Vikas Panchal, Business Head - MENA, Tally Solutions said: “MSMEs are undeniably the backbone of any economy and a key part of our business ecosystem. Our efforts to support the MSMEs in their growth journey have always been in tandem with the initiatives taken by the UAE and KSA governments. Taking it a step further, we aim to celebrate the relentless efforts and contributions of these entrepreneurs at a hyper local level across UAE and KSA. We are excited to partner with Gulf News to spread the awareness about MSME Honours and aim to reach out to hundreds of MSMEs in these countries to honour real impact makers across segments. We will also be sharing their unique stories all-round the year at different platforms further boosting the entrepreneurial spirit.”

The nominations will be judged by a jury comprising of experts from the MSME industry to finalise the winners. These will be a mix of stand-out nominations from the UAE and KSA. Tally’s strong network of 2 million+ SME license base, a wide ecosystem of 28,000 partners, 100,000+ strong community of Chartered Accountants globally is a testament to the scale and aim of this initiative.