The Executive Committee of the Sharjah Foundation for Entrepreneurship (RAWAD) recently held its 20th annual meeting, which included discussing and approving the financing of a number of projects presented to the Foundation, believing in the creative potential of the UAE youth and its keenness to make optimal use of the potential, For entrepreneurs.
During the meeting, the Executive Committee discussed the projects submitted to the funding program, having reviewed copies of the feasibility studies prepared by the project owners and the Foundation's evaluation reports for studies. The Commission approved the support and financing of four pilot projects with a total value of AED 2 million, including health, e-commerce, entertainment and transportation.
The meeting was chaired by Khalid Bin Butti Al-Hajri, Chairman of the Executive Committee. The meeting was attended by members of the Board: Khalil Jumaa Al Mansouri, Abdullah Al-Taniji, Director of Rawad Foundation, Hamad Al Mahmoud, Director of Project Support and Finance Department Fatima Al Ali, And analysis of projects at the institution, Haitham al-Sharqawi.
"The projects adopted during the meeting met all the requirements and were characterized by diversification and their economic and social impact. Thanks to the support of Pioneers for pioneering projects, we enable the sons and daughters of the country to start successfully in projects," said Hamad Al Mahmoud. Which will provide multiple services to the benefit of the community and promote the comprehensive and sustainable economic development in the Emirate of Sharjah ».
At the end of its meeting, the Committee recommended harmonizing the funding procedures with the relevant institutions to avoid duplication and inconsistency in achieving the objectives, and stressed the need for continuous follow-up in the steps of establishing the funded projects.