The Abu Dhabi Chamber of Commerce and Industry has organized an online interactive seminar on “Developing a more competitive business model through Abu Dhabi Chamber SME Award”.

The Abu Dhabi Chamber of Commerce and Industry has organized an online interactive seminar on “Developing a more competitive business model through Abu Dhabi Chamber SME Award”. The seminar targeted entrepreneurs, owners and employees of small and medium enterprises.

Organizing the seminar comes to enable owners of SMEs to evaluate and develop business models for their companies and to be more agile and competitive in facing the impacts of the novel Coronavirus pandemic by applying the standards of the Abu Dhabi Chamber SME Award.

The online seminar tackled a number of subjects including identifying the benefits from participating in the Abu Dhabi Chamber SME Award and introducing the Business Model Canvas.

Mr. Hani Shaqlusi, Excellence Programs and Awards Consultant at the Abu Dhabi Chamber, presented the seminar in which he highlighted the importance of the added-value model, then detailed the categories of the award, and introduced the methods of submission and evaluation mechanisms.

It is worth noting that the Abu Dhabi Chamber SME Award is one of the key initiatives launched by the Chamber and aimed at SMEs considering the important role this sector play in the economic diversification process in the UAE and as a key supporter to the comprehensive and sustainable economic development.

The Abu Dhabi Chamber has worked on designing and developing a business model in cooperation with Strategyzer, the owner company of the Business Model Canvas, to be the international model for the award.