The Dubai Creative Clusters Authority (DCCA) has signed a partnership agreement with Dubai SME to support the SME sector. Signed by Ahmad bin Bayat, director general of DCCA, and Abdul Baset Al Janahi, CEO of Dubai SME, the agreement aims to provide entrepreneurs with facilities to grow their business and encourage innovative home-grown projects. The agreement will exempt members of Dubai SME as well as entrepreneurs that have set up shop in freezones within DCCA’s jurisdiction from licensing fees for five years. Discounts on visa-issuing fees will also be extended to them.
Abdul Baset Al Janahi said: “We consider DCCA a key partner that provides enabling facilities and services towards establishing innovative start-up projects. Dubai realizes its future is in creating a knowledge-based economy that sustains itself on innovation, and there is no better way to that future than investing in our SMEs, and enhancing the knowledge of people driving these enterprises.”