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Dubai SME extends Dh192m worth of incentives in 2020

Dubai SMEs have won Dhs7 5b contracts since launch of GPP

Dubai SMEs have won Dhs7.5b contracts since launch of GPP 11 Apr 2021 Dubai SME promotes collaboration between various entities supporting the SME sector and economic development in Dubai. Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, supported its members with procurement contracts worth Dhs896 million from 61 local and federal government entities and other establishments in 2020. The contracts, facilitated as part of the Government Procurement Programme (GPP), had a major role in start-ups and SMEs in Dubai enhancing their competitiveness and sustaining growth in spite of COVID-19. The GPP has so far supported Dubai SME members with Dhs7.5 billion worth of contracts since the launch.

Dubai supports SMEs with procurement contracts worth Dh896m in 2020

SHARE Dubai SME, a government agency tasked with developing the small and medium enterprise sector, supported its members with government procurement contracts worth Dh896 million in 2020. The contracts came from 61 local and federal government entities and other establishments as part of the Government Procurement Programme (GPP) that helped start-ups and SMEs in Dubai to enhance their competitiveness and sustain growth during the Covid-19 pandemic, the agency said in a statement on Saturday. The Government Procurement Programme reflects the continuity and firm commitment from the public and private sectors in the country to supporting SMEs, Sami Al Qamzi, Director General of Dubai Economy, said.

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