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Sharjah’s Sheraa Unveils $1.36 Million Fund for Startups and SMEs

Arry Hashemi
Arry Hashemi
Apr. 28, 2026
The Sharjah Entrepreneurship Center (Sheraa) has launched a new $1.36 million (AED 5 million) initiative aimed at helping startups and small businesses withstand market volatility, signaling a more hands-on approach to supporting the UAE’s entrepreneurial ecosystem during uncertain economic conditions.
SharjahWith fast-tracked support and funding, Sharjah is doubling down on keeping startups operational through shifting economic conditions. (Pexels)

The Entrepreneurs Resilience Fund was introduced under the directives of Her Highness Sheikha Bodour bint Sultan Al Qasimi, who chairs Sheraa and has been a central figure in shaping Sharjah’s startup ecosystem. The fund is designed to provide immediate, practical support to businesses navigating operational and financial pressure.

Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sheraa, said:

Sharjah’s vision, aligned with the broader direction of the UAE, is rooted in building a resilient, future-ready economy driven by innovation and entrepreneurship. The Entrepreneurs Resilience Fund reflects this commitment, providing timely support that enables businesses to remain operational, make informed decisions, and contribute to an ecosystem designed to sustain progress and evolve with confidence.

Rather than focusing solely on long-term growth programs, the initiative targets a more immediate problem: survival. Startups, particularly in emerging markets, often face fragile cash flows and limited access to credit during periods of disruption. Sheraa’s approach attempts to bridge that gap through fast-tracked financial, operational, and marketing support, giving founders the tools to maintain continuity while adapting to changing conditions.

Unlike traditional accelerator programs that emphasize scaling and expansion, the Resilience Fund is structured around stabilization. It offers equity-free, non-repayable grants, along with advisory support and access to Sheraa’s broader network of partners.

That distinction matters. For many early-stage companies, raising capital often comes at the cost of ownership dilution or restrictive repayment terms. By removing those barriers, the fund lowers the immediate pressure on founders and allows them to focus on operational survival rather than fundraising cycles.

The initiative also introduces a fast-track evaluation process, designed to accelerate funding decisions. In practical terms, that could mean the difference between a business continuing operations or shutting down while waiting for traditional financing approvals.

Sharjah 2From funding to guidance, Sharjah’s startup ecosystem is getting a boost designed to help businesses adapt, not just expand. (Pixabay)

Targeting Critical Sectors

Sheraa has narrowed its focus to sectors that are considered essential to economic stability: manufacturing, food security, and healthcare.

This is not accidental. These industries sit at the intersection of supply chains, public welfare, and long-term economic resilience. Disruptions in any of them tend to ripple outward, affecting everything from employment to inflation.

By prioritizing these sectors, the fund aligns with broader UAE economic strategies aimed at strengthening domestic production capacity and reducing reliance on external supply chains. It also reflects a growing recognition that startups are no longer peripheral players but integral components of national economic infrastructure.

A Collaborative Funding Model

The fund is backed by a coalition of public and private sector partners, including organizations such as Beeah Group, Careem, and RAKBANK, among others.

This collaborative structure suggests a shift away from isolated funding programs toward ecosystem-wide support models. Instead of a single institution providing capital, multiple stakeholders contribute resources, expertise, and market access.

That means the fund’s value extends beyond cash. It includes mentorship, operational guidance and access to potential partners and customers, resources often harder to secure than funding itself.

Policy Alignment and Economic Context

The launch of the Resilience Fund also fits within a broader national push to strengthen entrepreneurship across the UAE. Government officials have increasingly framed startups and SMEs as critical drivers of economic diversification and long-term sustainability.

H.E. Abdulla bin Touq Al Marri, Minister of Economy & Tourism, stated:

The United Arab Emirates, guided by the vision of its wise leadership, continues to advance the entrepreneurship and SMEs sector, strengthening its competitiveness and ensuring its continuity. The launch of the Entrepreneurs Resilience Fund is the latest in a series of initiatives introduced by the Emirate of Sharjah to support this vital sector. It reflects a clear commitment to empowering entrepreneurs and startup founders, safeguarding SMEs, and enhancing their resilience, particularly in light of the current challenges facing the region.

That framing reflects a broader shift in how entrepreneurship is viewed in the region. It is no longer treated as a supplementary sector but as a foundational component of economic policy.

H.E Najla Al Midfa, Vice Chairperson of Sheraa said:

Startups and SMEs are not a footnote to economic resilience, they are its foundation. They sustain employment, anchor supply chains, and continue to build even when conditions demand more of them than before. The Entrepreneurs Resilience Fund reflects Sheraa's conviction that an ecosystem earns its value precisely in these moments, by showing up with the right support, at the right time, in a form that founders can act on.

Sheraa is not new to supporting startups. Since its establishment, the organization has built a network of programs, partnerships, and funding initiatives aimed at helping entrepreneurs launch and scale businesses in Sharjah and beyond.

The Resilience Fund builds on that foundation but introduces a more responsive layer of support. Instead of focusing exclusively on high-growth startups, it expands the scope to include established SMEs facing immediate challenges, recognizing that resilience is as important as innovation.

This broader approach reflects a more mature understanding of entrepreneurship ecosystems. Growth-stage startups may capture headlines, but small and medium-sized businesses often form the backbone of employment and local economic activity.

The fund comes as businesses across multiple sectors continue to navigate fluctuating market conditions, supply chain pressures, and shifting consumer demand.

In this environment, access to rapid, flexible support can determine whether companies adapt or exit the market entirely. By emphasizing speed and accessibility, Sheraa is effectively acknowledging that traditional funding timelines are often incompatible with real-world business challenges.

At its core, the Entrepreneurs Resilience Fund represents a subtle but important evolution in how startup ecosystems are supported in the UAE.

Instead of asking founders to endure volatility while chasing long-term growth, the initiative recognizes that resilience itself is a prerequisite for innovation. Without operational stability, even the most promising startups struggle to survive, let alone scale.