Demand for entrepreneurial development programs on rise

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The Dubai Entrepreneurship Academy, the agency of Department of Economic Development (DED) which developed the Small and Medium Enterprise (SME) sector, has recently seen a massive increase in the enrollment of trainees, i.e. 57% increase in several of its programs during the year 2016 as compared to the time period in 2015.

A total of 1,100 trainees have been enrolled in the several programs offered by the Academy to espouse the Dubai’s strategic plan for advancing entrepreneurship and empowering young, ambitious entrepreneurs for launching successful business projects; hence further developing the economy of Dubai.

Number of programs for entrepreneurship

In the year 2015, a total of 36 programs were being offered whereas now with the expanded training programs to meet the requirements of many entrepreneurial communities and sectors, the first half of 2016 has witnessed 44 programs being offered.

Abdul Baset Al Janahi, CEO of Dubai SME said, “The 1,100 entrepreneurs enrolled in the first half of 2016 is equal to the total enrollments for the whole of 2015, which shows the growing profile of Dubai Entrepreneurship Academy among the SME community and entrepreneurs. The Academy has become synonymous with the process of enterprise start-up and the programs offered cover vital areas of entrepreneurial growth”.

Al Janahi further said that we review the market every quarter to evaluate the SME position and potential in various economic sectors as well as the supply and demand situation relating to training. We then design skill development programs that support aspiring entrepreneurs to turn their ideas into feasible projects. Around 30% our trainees have launched their projects speaks of the success of our programs.

Type and format of programs

Programs offered at the academy may vary from year to year. These programs include certificate courses and diplomas in hospitality and restaurant management. A number of lectures and workshops will be held on various topics such as the importance of accounting in sustainable business ventures and the essentiality of working smart. The very first time ever in Abi Dhabi, the Academy intends to introduce a course entitled ‘Creativity and innovation in the application of social responsibility.’

On September 27 and 28, over 30 regional business leaders will gather for the inaugural edition of the National Treasure initiative by Knowledge Expansion along with Tejar Dubai as their partners.

Essa Al Zaabi, Senior Vice-President, institutional support sector, Dubai Chamber, and general coordinator of Tejar Dubai said, “The conference will offer attendees with strategic knowledge in management and career achievement while allowing the young generation to shift their focus from idea generation to idea execution with the help of the region’s most pragmatic leaders and visionaries who will share their tried and tested insights into making dreams a reality. It will help budding entrepreneurs to hone their talent in establishing their small-to-medium-sized businesses”.

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