SMEs represent over 94 percent of all companies operating within the UAE. Critical to most economies, they play a major role by providing job opportunities and contributing to global economic development. More importantly, small businesses are the heart of most communities.
Small businesses such as wedding planners, coffee shops and boutiques, provide us with more than just goods and services. They bring us warm and unique experiences with every purchase, they create jobs and they are invaluable to the communities and globally.
Despite their resilience, they are facing numerous challenges due to Covid-19 pandemic and they need our help. They have suffered from interrupted cash flows, low sales and a reduction in their workforce.
In the UAE, supporting SMEs is a priority for the federal government as part of its policy to diversify the national economy and generate employment opportunities. This is also Bank of Sharjah’s priority, and we believe it is important to help our communities during times of need.
To do our part and give back to our appreciated local businesses, we launched in July a campaign to give a grant for four SME’s of AED 25,000 each. Nominees & winners were selected by the community.
We are now proud to announce that you, UAE communities, have come together to #SaveTheSmallGuys.
You voted, we listened.
The elected SMEs who were the winners of our #SaveTheSmallGuys grant are:
“We would like to thank Bank of Sharjah for their exceptional efforts on an initiative as unique as Save the Small Guys. The initiative has contributed greatly to the success of our business and to reducing the hardships associated with the current situation that resulted from the pandemic.”
“When small guys like us were looking to expand their business, a big guy like Bank of Sharjah created an amazing campaign to support us. Thank you, Bank of Sharjah, for making this happen.”
“Bank of Sharjah’s Save the Small Guys initiative couldn’t have come at a better time. The financial grant will allow us to invest in a new product offering for our consumers and support our business in these challenging times for SMBs.”
Ka’ak al Manara
“You reminded us that we have our community's support by your willingness to be a leader in supporting #SmallerGuys, and by reminding us through the hundreds of nominations we got from our customers & community, that we are not alone. We are forever grateful and will always remember that the Bank Of Sharjah has been our partner in the hardest times and has helped our resolve to continue on our journey”
Congratulations to all of the winners, and we wish you nothing but the best.
Thank you for all that you do for our community, and for making us proud to #SaveTheSmallGuys