ADIB launches initiative to support UAE SMEs

Posted by on Jul 22nd, 2013 and filed under Islamic Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

On July 1, Abu Dhabi Islamic Bank (ADIB) launched BusinessPulse, a portal aimed at providing advice and support to small and medium-sized businesses in the UAE. has three main sections: ‘Ignite’ is all about seeding the idea and kick starting the business plan; ‘Enrich’ is about funding the plan and ‘Grow’ deals with facilitating growth and future expansion. A key feature of the portal is a comprehensive library of case studies and videos from successful entrepreneurs. It also features a networking section that will enable SMEs to find the right business partners and contacts. Moreover, visitors can apply for a financing facility of up to AED 2 million through the portal and receive funding advice through interactions with ADIB’s Business banking team. BusinessPulse will be supported by a series of events and seminars, offering SMEs an opportunity to showcase their success stories and learn from others.

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