Dubai:
Tejar Dubai, a new initiative to support and encourage the next generation of entrepreneurs, has been launched by Shaikh Majid Bin Mohammad Bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts, and in cooperation with the Dubai Chamber of Commerce and Industry.
The initiative is the first in the UAE to offer a specialised programme and platform for youth to help them establish their own small-to-medium-sized business.
Tejar Dubai aims to find and train creative and commercially-minded youth to help them turn their business ideas into a reality.
It will involve a comprehensive programme, include a tough selection process and demand a substantial commitment from those chosen to participate.
Those who are chosen will be asked to commit to an extensive tailor-made three-month programme as well as the chance to meet famous entrepreneurs and foreign delegations visiting Dubai Chamber.
Shaikh Majid said that this initiative will be a dedicated platform for the nation’s youth to help support their entrepreneurial ambitions and foster success as well help support the long-term social and economic stability of the country.
He added that the UAE is a rich source of creative individuals who need assistance and guidance in today’s fast-paced and competitive business world in order to realise their ambitions.
Hamad Buamim, Director General of Dubai Chamber, said Tejar Dubai was an innovative idea that would help boost the number of entrepreneurial projects and SMEs, which are central to the future growth and success of Dubai’s economy.
“The global financial crisis showed the need of growing economies to support innovative ideas and adopt youth enterprises. It is vital to focus on entrepreneurial growth in order to boost SMEs as these businesses also contribute significantly to employment and economic activity. SMEs represent over 90 per cent of national activity and 95 per cent of Dubai’s economy, yet they get only financial assistance of no more than five per cent. For this purpose, Dubai Chamber recognises the importance of this sector and the need to assist with its innovation and growth,” he said.
Jitendra Gianchandani, Chairman & Managing Partner of Jitendra Consulting Group told Gulf News, that it is quite important that leaders should be involved to create such a platform which seeks to nurture the innovative talents of the young entrepreneurs in the emirates.
This initiative will not only give them opportunity to interact with international, regional and local entrepreneurs but will improve their business skills and knowledge.
