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The rise of micro-entrepreneurs

The Gulf Capital SME Awards has two new categories this year to reflect the dynamic changes impacting the SME sector locally and internationally. The rise of micro-entrepreneurs has led to the growth of the SME sector in many developing countries, as entrepreneurs create businesses that fill very niched needs or prove their ability to thrive even with the smallest and initial capital. This category recognises enterprises with a turnover value of AED40mn or less.

 

Some of these micro-enterprises have now sprouted in the UAE, and will be recognised with the Micro Business of the Year award. The finalists are Absolute Communications Group, ActionCOACH, Carfax Education, Engage ME, Ethics Plus Public Accountants, Iconic Fitness, Intuit Management Consultancy, Jalboot Marine Network, Klug Toys, Omasi, Papabubble Caramels Artesans and The Camel Soap Factory.

 

Finally, the Disruption of the Year trophy will be given to an SME that has created a product or service that has dramatically changed the industry in which it operates. The shortlisted SMEs include ProTenders, Hopscotch.ae, Souqalmal.com, Support Legal Limited and The Box Self Storage Services.

 

MEED’s SME awards programme is supported by endorsing partners Dubai SME and the Khalifa Fund for Enterprise Development as well as headline sponsors Gulf Capital, and category sponsors, RSA Insurance and Ccerebrate Business Consulting.

 

The full list of finalists is available online at www.meedsmeawards.com. The shortlisted SMEs will go through another round of evaluation by our judging panel after which the final set of winners will be announced on 11 October 2017 at The Westin Mina Seyahi, Dubai.

About MEED

MEED is a senior management media brand, that encompasses subscription to the MEED Business Review publication and website, www.meed.com As well as organising the MEED Quality Awards for Projects, AHIC and Innovation Live! MEED also works with clients on bespoke content, events, broadcast and digital offerings. MEED also has two high-value content businesses, MEED Projects and MEED Insight. MEED Projects is the Middle East’s premium project tracking database and MEED Insight offers tailored research and in-depth analysis. Established in 1957, MEED, has been integral to delivering business information and news, intelligence and analysis on the Middle East economies and activities ever since.

From small beginnings in a London flat on 8 March 1957, MEED has grown with the region, sharing the ups and downs, and always exploring and taking on new challenges.

For sponsorship opportunities, please contact:

Becky Crayman
Programme Director, Awards & Managed Events
P O Box 25960, 20th Floor, Al Thuraya Tower 1, Dubai Media City, Dubai
Tel: 00971 (0) 4 8180314| M : 00971 (0) 505590713 | E: becky.crayman@meed.com

For marketing and event inquiries, please contact:

Genevieve Banks
Marketing Manager
P O Box 25960, 20th Floor, Al Thuraya Tower 1, Dubai Media City, Dubai
Tel: 00971 (0) 4 818 0289| M : 00971 (0) 50 5535 272 | E: genevieve.banks@meed.com

For media inquiries and assistance, please contact:

Anthon Garcia
PR Consultant, Gulf Capital SME Awards 2017
M: +97152.887 6559
E: anthon@designunlimitedpartners.com

About Gulf Capital

Gulf Capital is one of the leading alternative asset management firms in the Middle East, investing across several asset classes including Private Equity, Credit and Mezzanine and Real Estate. The Firm currently manages over $4 billion of assets across 10 funds and investment vehicles. Gulf Capital’s mission is to grow capital and build value with world-class expertise and best practices to generate sustainable superior performance for all stakeholders. Gulf Capital invests its own capital alongside its fund investors’ capital in all of the funds it launches. In Private Equity, Gulf Capital is focused on acquiring strategic stakes in highly profitable and rapidly growing companies within a select number of fast-growing industries in the GCC and Egypt and through deep operational and financial improvements, on accelerating and enhancing