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Mohammed Bin Rashed Establishment for Small and Medium Size Enterprises has extended the registration date for the fifth edition of Mohammed Bin Rashid Award for Young Business Leaders until Nov. 15, 2009. The extension provides further opportunity for young business leaders to participate and benefit from the significant initiative.
The SME Award, organized in collaboration with Mashreq Bank, is designed to support the small and medium sized businesses sector, as well as provide the opportunity for entrepreneurs to strengthen their business regionally and globally.
His Excellency Abdul Baset Al Janahi, CEO, Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises, said: “The SME Award allows young investors to showcase their projects and ideas, and provide them an opportunity to expand their business. We are extending the registration period to further strengthen participation and open doors for more entrepreneurs to benefit from the initiative.”
The SME Award aims at creating a competitive environment among young business leaders and in honoring them for their exceptional performance. It is also part of a concerted strategy to support small and medium businesses in Dubai and provide entrepreneurs with adequate encouragement to develop their businesses.
Sixteen awards are distributed this year including Best Start-Up Business of the Year 2008 (Male/Female) for applicants from outside the UAE, Best Arab Start-Up Business of the Year 2009 (Locally/Regionally), and Best Business Project Award in the following sectors: Information Technology, Manufacturing, Marketing and Promotion, Electronics, Education, Tourism, Consulting, Professional Services, Retail, Design, Food and Beverage, Real Estate, Facility Management, Transport & Logistics Services.
To compete in the awards, entrepreneurs can visit the SME award website, www.smeawards.ae, and fill the application form latest by November 15, 2009.
A committee of business and economic leaders in Dubai will choose the winners in three phases. The first evaluation phase will be based on the written project description submitted. The second phase is a site visit by the arbitration committee and the final phase includes interviews with project owners.
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