Search

Sheraa Launches AED5 Million ‘Entrepreneurs Resilience Fund’ to Empower Startups & SMEs

Sharjah: Under the directives of H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Entrepreneurship Centre (Sheraa), the Centre has launched its Entrepreneurs Resilience Fund. A fast-tracked financial, operational, and marketing support for Sharjah-based startups and SMEs, the fund enables founders to navigate current market dynamics with resilience and sustain their operations with confidence. It supports businesses in key sectors, including manufacturing, food security, and healthcare, which play an important role in maintaining economic stability.

According to Emirates News Agency, the Fund is aligned with the 'Proud of UAE' campaign, contributing to broader efforts to support business continuity and economic stability. Applications are now open, with a fast-tracked evaluation process designed to speed up funding decisions and ensure timely access to support. The Fund offers equity-free, non-repayable grants, alongside a support programme and market visibility opportunities. Sheraa aims to mobilise up to AED5 million with the support of its strategic partners across government and private sector entities.

The Fund is designed to support established businesses facing current challenges, helping them maintain operations and move forward with confidence. Startups and SMEs can apply via . The initiative is delivered through a collaborative model, bringing together strategic partners to support Sharjah's entrepreneurial ecosystem through a shared commitment to its continued growth. The Fund focuses on supporting viable businesses that contribute to long-term economic resilience and stability.

The fund is supported by Beeah Group, CE- Ventures, National Paints, Al Midfa Investments Group, Sharjah Investment and Development Authority (Shurooq), Careem, RAK BANK, Floward, Alaan, Sharjah Research Technology and Innovation Park (SPARK), Sharjah Broadcasting Authority, Sharjah Roads and Transport Authority, Sharjah Majid Al Futtaim, Emirates Petroleum Company P.J.S.C, Publicis Groupe, Entrepreneur Middle East, and Inc. Arabia, Paymob.

Sheikha Bodour bint Sultan Al Qasimi emphasized that building a resilient, future-ready economy driven by innovation and entrepreneurship requires systems that can respond with clarity and purpose. She stated that the Entrepreneurs Resilience Fund reflects Sheraa's commitment to providing timely support that enables businesses to remain operational, make informed decisions, and contribute to an ecosystem designed to sustain progress and evolve with confidence.

Abdulla bin Touq Al Marri, Minister of Economy and Tourism, highlighted the UAE's commitment to strengthening the entrepreneurship and SMEs sector as a key driver of national economic growth. He acknowledged the Entrepreneurs Resilience Fund as a reflection of Sharjah's dedication to empowering entrepreneurs and startup founders, safeguarding SMEs, and enhancing their resilience amidst current challenges.

Najla Al Midfa, Vice Chairperson of Sheraa, asserted that startups and SMEs are foundational to economic resilience. She noted that the Entrepreneurs Resilience Fund is designed to provide the necessary support at critical times, ensuring that the potential of these businesses is not hindered by present pressures.

The fund will provide financial support to selected startups through tailored programming, including one-on-one advisory sessions, workshops, office hours, and business introductions. Participants will also gain access to partner-led resources and software support, as well as opportunities for visibility, helping strengthen their readiness and ability to move forward with confidence.

Since its inception, Sheraa has consistently supported startup growth through its programmes, funding initiatives, and ecosystem partnerships. The launch of the Entrepreneurs Resilience Fund builds on these efforts, providing founders with the support needed to adapt, maintain progress, and continue building for the long term. Partners and stakeholders across the public and private sectors are invited to join the effort in reinforcing the resilience of the broader ecosystem.

Popular Post

Pages