(MENAFN- Emirates News Agency (WAM))
DUBAI, 26th March, 2017 (WAM) -- The Mohammed Bin Rashid Fund, MBRF, has announced a new competition as part of the 'Careers UAE' fair with a total prize money of AED1 million on offer for future UAE entrepreneurs.
The competition named "START", was launched under Dubai SME, an agency of the Department of Economic Development, DED, in Dubai, and aims to assist unemployed Emiratis to start their businesses and thereby promote entrepreneurship as a culture and contributor to the economy in the UAE. Altogether, there will be ten winners with each receiving AED 100,000 as prize money. The winners will be announced in May 2017.
The MBRF will begin receiving applications from young and ambitious Emiratis who wish to participate in the contest from 9th to 23rd April. Applications can be submitted through the Fund website or by visiting the Dubai SME stand at 'Careers UAE,' at the Dubai World Trade Centre.
"Dubai SME is participating in 'Careers UAE' as part of increasing awareness of entrepreneurship as a career option among Emirati jobseekers and extending our resources and counsel to them. We have decided to launch the competition, as it would inspire enterprising and ambitious youth to step forward and start working on launching their own projects with confidence," commented Saeed Matar Al Marri, Fund Director and Deputy CEO of Dubai SME.
"START will provide another avenue for the entrepreneurial talent in the UAE to benefit from the Mohammed Bin Rashid Fund. Dubai SME is delighted to offer this added opportunity to the youth in the UAE, and we also welcome visitors to 'Careers UAE' to benefit from the instant startup advisory we will be providing at our stand," he added.
MENAFN2603201700610000ID1095345279
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.