Mashreq officials at Start Up Academy
Mashreq, the UAE’s leading financial institution, has announced a unique partnership with Arabian Business StartUp Magazine, designed to offer aspiring entrepreneurs, start-up business founders or SME employees the tools to improve, expand or launch their ventures. The partnership will result in monthly workshops, otherwise known as the StartUp Academy, which will focus on different aspects of a business every month, in order to enhance the knowledge of SMEs and connect them with market experts.
Taking place for the first time this month, the workshop focused on ‘Enhancing your digital media offering’; Expert speakers from the industry shared information and market best practices that will help attendees find the best way to use social media for their businesses. The debut workshop received huge turnout from customers, a reflection of the significance of such gatherings to share knowledge and expertise. The entries for these workshops are free of charge.
Commenting on the announcement, Rohit Garg, Head of Business Banking, Mashreq said: “The SME sector is growing at a tremendous rate in the UAE but the awareness rates are not that high within entrepreneurs or business owners. Mashreq has been at the forefront of supporting SMEs towards the growth and sustainability of this segment. These workshops will shed light on the opportunities people can take advantage of and how they can start an enterprise. We want to create a useful pool of information and offering various tools for SME’s to improve and expand their businesses. Mashreq’s also has a range of products and packages to facilitate in helping an SME grow.”
Mashreq Business Banking offers various products with exclusive benefits, which assist individuals to realize their business goals. Small Business Loan from Mashreq is a collateral free multipurpose amortizing loan offering, with a host of benefits like free business value current account with no minimum balance requirement, free debit card and a free cheque book. Customers can avail Sharia’h Compliant solutions as well.
Business Banking from Mashreq offers a comprehensive range of products and solutions, which cater to the needs of SMEs at every stage of their Business life cycle. Other financing solutions include Trade and Working Capital solutions and the unique Merchant Over Draft Facilities, which is exclusively offered based on the company’s Point of Sale throughput. Furthermore, the Bank also offers Business Accounts & Debit Cards, Foreign Exchange and remittance solutions and Business Insurance for the benefit of the SMEs.