UAE In-Focus – Entrepreneurship fund Ruwad increases direct financing pot by over 100%   

article author: 
Wed, 2023-03-08 15:29

RIYADH: In order to enable entrepreneurs to take advantage of available opportunities and expand their projects, the Sharjah Foundation for Supporting Entrepreneurship has raised the value of funding to pilot projects from 2.5 million dirhams ($680,676) in 2022 to 6 million dirhams for the current year.  

This decision to raise the ceiling of direct financing by over 100 percent aligns with the objectives of the foundation, also known as Ruwad, in supporting the citizens of the emirate to enhance their contribution to the national economy.   

Main category: 

Leave a Reply

Your email address will not be published. Required fields are marked *

× Contact us for news, article submissions, and SEO services.