Over 60 startups and SMEs receive support through Sheraa’s Dhs5m Resilience Fund

In a significant boost to the entrepreneurial landscape of the United Arab Emirates, over 60 startups and small to medium-sized enterprises (SMEs) have received crucial support through the Sharjah Entrepreneurship Center (Sheraa) Resilience Fund, which boasts a financial backing of Dhs5 million. This initiative aims to empower emerging businesses as they navigate the challenges posed by a rapidly evolving market, particularly in the wake of the global economic disruptions caused by the pandemic.

The Sheraa Resilience Fund is designed to provide financial assistance, mentorship, and resources to startups and SMEs that demonstrate innovative solutions and a strong potential for growth. By offering this support, Sheraa not only aims to bolster individual businesses but also to enhance the overall entrepreneurial ecosystem in the region, which has been recognized for its robust performance on the global stage.

UAE’s Global Standing in Entrepreneurship

The importance of such initiatives is underscored by the recent findings of the Global Entrepreneurship Monitor (GEM) 2025/2026 report, which ranked the UAE as the world’s leading entrepreneurship ecosystem for the fifth consecutive year. This accolade reflects the nation’s commitment to fostering innovation, creating favorable conditions for startups, and promoting a culture of entrepreneurship.

Furthermore, the IMD World Competitiveness Yearbook 2026 highlighted the UAE’s exceptional performance in economic indicators, ranking it first globally in Economic Performance and second in the Creation of Firms. These rankings underscore the country’s strategic efforts to cultivate a thriving business environment, making it an attractive destination for both local and international entrepreneurs.

Supporting Innovation and Growth

The Sheraa Resilience Fund is particularly timely, as many startups and SMEs are still recovering from the economic impacts of the COVID-19 pandemic. By providing much-needed financial resources, the fund aims to help these businesses stabilize and grow, ensuring they can contribute to the UAE’s economy and job creation. The selected startups will benefit from tailored support, including access to Sheraa’s extensive network of industry experts, mentorship programs, and workshops designed to enhance their business acumen.

“We are proud to support the next generation of entrepreneurs through the Sheraa Resilience Fund. The creativity and resilience shown by these startups are a testament to the innovative spirit of the UAE,” said Sheraa’s Executive Director. “Our goal is to equip these businesses with the necessary tools and resources to thrive in a competitive landscape.”

The Road Ahead for Startups

As the UAE continues to solidify its position as a global leader in entrepreneurship, initiatives like the Sheraa Resilience Fund are essential in nurturing the potential of startups and SMEs. These businesses are not only vital for economic diversification but also play a crucial role in fostering innovation and creating job opportunities for the youth.

With over 60 startups already benefiting from this fund, the future looks promising for the entrepreneurial community in Sharjah and the wider UAE. The government’s unwavering support, coupled with initiatives such as Sheraa’s Resilience Fund, sets a strong foundation for sustained growth and innovation in the years to come.

As the UAE continues to rise in the global entrepreneurial rankings, the focus remains on creating an environment where startups can thrive, innovate, and contribute significantly to the nation’s economic landscape.