Image courtsey: WAM
MBRF appoints consultancy monitor fund-backed SMEs
DUBAI, August 2, 2017
Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, has appointed Metis Management Consultancy to conduct post-fund monitoring services for all the companies supported by the fund, said a report.
Dubai SME is the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector.
The partnership will enable SMEs assisted by the fund to have greater access to hands-on experience a Wam news agency report added.
The consultancy includes routine checks, guidance, and financial advisory support that will help in foreseeing and planning for potential risks, it said.
Saeed Matar Al Marri, deputy CEO of Dubai SME and director of MBRF, said that public-private partnerships are critical to the strategy of the organisations to empower entrepreneurs and their startups in their growth and evolution.