Supporting SMEs
Supporting SMEs is a Priority
The UAE’s thriving SME sector is a key driver for sustainable development, helping to unlock the potential of the economy and providing it with incentives for growth, diversity, flexibility and innovation.
The Ministry of Finance has launched advanced digital solutions to create a business-friendly and encouraging environment for business owners and entrepreneurs. Furthermore, it offers various forms of sponsorship that cover all stages of building and developing these thriving businesses and promising projects.
Business-friendly Environment for SMEs
Choose One of Our Business-boosting Solutions
Federal Supplier Register
If you are an SME owner or an entrepreneur, you can register your company in the Federal Supplier Register to apply for all government bids and tenders proposed by federal government entities.
Digital Procurement Platform
A digitally advanced procurement platform aimed to:
- Improve the efficiency of government procurement processes.
- Accelerate and facilitate contracting between government entities and private businesses.
- Increase business opportunities.
Incentive packages for SMEs
- During the evaluation process, an additional 10% is added to the final score of small and medium enterprises (SMEs).
- SMEs receive at least 10% of total procurement annually, by monitoring the percentage of spending allocated to them through the digital procurement system.
- A dedicated section in the digital procurement platform catalogue is provided to display all products and services offered by SMEs.
- Products and services offered by SMEs are marked with a red label in the catalogue for easy identification.
- SMEs benefit from facilitated registration and qualification processes, with simplified procedures and reduced documentation requirements.