RUWAD evaluates new funding proposals

Last week, at the Department of Economic Development in Sharjah, headed by Hamad Ali Abdullah Al Mahmoud, Director of the Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), RUWAD’s financing committee evaluated a new set of funding requests submitted to a number of small and medium-sized projects in the Emirate of Sharjah.

During the meeting, the committee discussed other issues, and presented a proposal to study insurance on the projects of the members of the foundation and directed the committee to study the proposal to finance growth and expansion for existing projects for more than three years or after the expiry of the support period set for five years.

 

Source: Sharjah24