July 2014 The UAE’s SME economy. Superlatives abound

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July 2014

The UAE’s SME economy

Superlatives abound

Certain sectors lead

Transformational events

• 95% of all registered firms

• 42% of employment

• 45% of GDP

SMEs in Dubai

• New SME law

• Catalyst for private sector employment & engagement

• Grants, access to funding & dedicated procurement spends

Federal & other initiatives

SMEs meet PLCs at the BCB

How the BCB can help

• Fast-track trade licence & registration in partnership with Dubai government

• 12 months’ market-entry incubation

• Shortlisted suppliers; existing BBG network; facilitation & hand-holding

• UKTI for OMIS etc.

• www.bcbuae.com

• @BCBUAE / @HepworthJoe

• Joe.Hepworth@bcbuae.com

• http://ae.linkedin.com/in/joehepworth/

Thank you