About the Award
Award vision
Building a model and an award program for start-ups, micro, small and medium enterprises to contribute to the UAE’s position as a pioneer and role model for creativity and innovation.
Award Mission
To provide an integrated program for the qualification, guidance and assessment of start-up, small, medium and small enterprises in the fields of knowledge economy, and to make them aware of the best practices, tools and methods to enable them to rise and lead.
To register and apply for the award, please click here
Introduction
The Abu Dhabi Chamber strives to effectively contribute to the realization of the Abu Dhabi Economic Vision through engaging in its role to work with various private sector entities to enable them to become effective particularly in the knowledge economy.
In this regard, the Abu Dhabi Chamber pays particular attention to the development of entrepreneurship among the youth, and encourage them to enter into startups and small and medium enterprises. The Abu Dhabi Chamber realizes that the young entrepreneurs face quite a number of challenges that impede their progress towards growth and competitiveness.
As the Abu Dhabi chamber is keen to support these enterprises’ sustainability in growth and competitiveness, through appropriate planning and preparation.
Hence, the Abu Dhabi took this initiative to prepare a full-fledged program that aims to enable the entrepreneurs to appropriately plan and prepare for their enterprises through the adoption of an internationally practiced model that have led to success and excellence.
Therefore, the Abu Dhabi Chamber is launching this practical program through a seminars and workshops to enable participants to plan and prepare for their enterprises, besides carrying out assessment and provide assessment reports aiming at improvements in all aspects of the business model, and finally recognizing the excellent enterprises.
By doing so, the Abu Dhabi Chamber looks forward to becoming a strategic partner in the success of start-ups and SMEs.
Objectives
Realize the Abu Dhabi Strategy focusing on knowledge economy. Promote entrepreneurship among the youth, through seminars for targeted sectors. Support entrepreneurs to take practical steps through sponsored incubators. Provide a framework the enables entrepreneurs to:
Appropriate execution of the start-ups and SMEs. Develop all aspects of the business to ensure success and excellence.
Provide a comprehensive program that covers:
Training on the framework concepts Training on implementing the framework Training on assessing enterprises
Award's Sectors & Categories
Award Sector
Award priority sectors have been set in line with the Science, Technology & Innovation Policy of the United Arab Emirates, namely:
Award Categories
Main Categories
Sub Categories
Organizations will be awarded as per the following categories:
Enrolling in the Award
Enrollment is open to all enterprises in the Emirate of Abu Dhabi, be it a start-up or SME per the official definition. Enrollment is also open to all organizations wishing to use the model in offering new products or services. Enrollment in this program will help:
Entrepreneurship through realizing creative ideas into full-fledge business models Enhance competitiveness through reworking the business model, and proper implementation Innovate is every business aspect to achieve sustaining growth
Who can enroll?
How to enroll?
Submission Document (Business Model)
The Business Model - Components
The business model has three components:
Values
The Abu Dhabi Chamber SME Award is based on core values and principles that represent beliefs and behaviors found in high-performing and successful organization.
- Race against change
- Innovate to Succeed
- Collaboration and Engagement
- Face Risk
The Model Criteria
The Abu Dhabi Chamber SME Award Business Model is a strategic management framework for developing new or improving existing business.
- Value Proposition
- Customer Segments
- Channels
- Customer Relations
- Revenues
- Key Partners
- Key Processes
- Key Resources
- Cost
- Results
Improvement
The periodic review of the business model and the results achieved for continuous improvement.
- Assessment
- Improvement
Criteria Weights
Criterion | Weight | |
1 | Value Proposition | 10% |
2 | Customer Segments | 10% |
3 | Customer Relationships | 08% |
4 | Channels | 08% |
5 | Key Resources | 08% |
6 | Key Activities | 08% |
7 | Key Partners | 08% |
8 | Cost Structure | 10% |
9 | Revenue Stream | 10% |
10 | Results | 20% |
Our Services
Training
- Training programs on all award criteria (a diploma program)
- Assessor Training Program
Consultancy
- Provide consultancy to start-ups on how to enter into competition
- Provide consultancy to enterprises on how to improve performance to become more competitive
Assessment
- Help in carrying out self assessment
- Assessment for the Award
Contact Us
Address
Abu Dhabi - Corniche Street - Abu Dhabi Chamber Building
Opening Hours
08:00 AM to 03:00 PM Sunday to Thursday
PHONE: | +971 2 6177 472 |
+971 2 6177 476 | |
+971 2 6177 552 | |
FAX: | +971 2 6177077 |
P.O BOX | 662 |
WEBSITE: | http://www.abudhabichamber.ae |
EMAIL: | smeaward@adcci.gov.ae |
Timeline for the 2-Cycle of the award
Activity | Date |
Registration Deadline and Receiving Submission Documents | 30 November 2021 |
Office Evaluation and Field Visits | December 2021 - January 2022 |
Closing Ceremony and Winners Announcement | February 2022 |
Handing over Assessment Reports | March 2022 |
Abu Dhabi Chamber SME Award Winners - Cycle-1
Company Name | Award |
LINSCAN ADVANCED PIPE LINES & TANKS SERVICES | Gold Award |
Advantage Sports Services | Silver Award |
Arcal Engineering Consultants LLC | Silver Award |
AIMS Training Center | Silver Award |
Baniyas Building Materials Company LLC | Silver Award |
Dalma Mall | Silver Award |
India Palace Restaurant LLC | Silver Award |
Ratio Accounting & Financial Advisory | Silver Award |
Infinite Innovations Consultancy | Appreciation Certificate |
Khalidiya Intersystems Factory LLC | Appreciation Certificate |
Ocean Waves Boat Builders | Appreciation Certificate |
Spaceage Electrical Switchgear Co. WLL | Appreciation Certificate |
To register and apply for the award, please click here