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.
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.
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.
- 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 priority sectors have been set in line with the Science, Technology & Innovation Policy of the United Arab Emirates, namely:
The business model has three components:
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
- Customer Relations
- Key Partners
- Key Processes
- Key Resources
The periodic review of the business model and the results achieved for continuous improvement.