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 RATE SME

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HI2 your Doorway to Innovation
HI2 your Doorway to Innovation
A 'uniquely crafted' incubation program in Dubai, the entrepreneurial capital of the region. Over 500 businesses have been established, taken root, grown, and graduated in our incubator's entrepreneurial environment since 2002.

 

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Dubai SME Rating Framework

 

  • "Dubai SME Rating Framework" is the first rating system for small and medium sized companies in the region. The system provides a comprehensive review of SME's performance based on financial and non-financial criteria.

 

  • The Framework contributes to effectively realizing the UAE's vision of building a sustainable and diversified economy. The initiative also plays a key role in achieving the goals of Dubai Plan 2021. Dubai plan 2021 focuses  on increasing the contribution of SMEs' to the GDP as they are considered an integral pillar of the economy due  to their contribution to generating innovative ideas, providing career opportunities, and boosting productivity.

 

  • The Framework will facilitate governmental support to rated SMEs through developing a unique strategic partnership between the private and private sector. This collaboration will result in providing SMEs with benefits that will help improve their efficiency with the aim of accelerating their growth and paving the way for them to thrive in a global setting.

 

  • An SME is defined as an entity engaged in an economic activity, with a legal form (registered as a business either with a commercial registry like the DED or with a free or industrial zone) and meets the thresholds of employee headcount and turnover as applicable to the industry group it belongs to (Trading / Manufacturing / Services), as specified by the federal SME definition

 

Evaluation Framework


The Dubai SME Rating Framework highlights key areas of strength and improvements in the following areas:

  • Business Performance
    • Operational Analysis        
    • Financial Analysis
  • Innovation
  • Corporate Governance & Excellence
  • International Expansion
  • Corporate Social Responsibility


 

Benefits


The Dubai SME Rating Framework offers each rated company a bundle of services based on its rating:

  • Capability Development Programme.
  • Financial Support.
  • International Expansion Programme.
  • Benefits from Government Entities and Programme Partners.

 

To register please click here​


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