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SRTI Park, Emirates Development Bank collaborate to support SMEs reporters@khaleejtimes.com Filed on February 2, 2021
Agreement to enhance financing and boost innovation of technology-driven enterprises operating at Sharjah Research Technology and Innovation Park
The Sharjah Research Technology and Innovation Park (SRTI Park) has signed a Memorandum of Understanding (MoU) with Emirates Development Bank to support innovative small and medium-size enterprises (SMEs) in the UAE.
The MoU is to represent the Mohammed Bin Rashid Innovation Fund (MBRIF), the operator of MBRIF programmes, to enhance financing of SMEs operating in various fields of technological solutions, Artificial Intelligence, and innovation.
The MoU was signed by Hussain Al Mahmoudi, CEO of SRTI Park, and Faisal Al Bastaki, CEO of Emirates Development Bank, in the presence of MBRIF Director Shaker Farid Zainal and a number of senior officials from both sides.
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