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Hamdan Innovation Incubator (HI2) in Dubai SMEs, the Dubai economy agency empowered to develop the small and medium-sized enterprises (SMEs) sector, has signed a Memorandum of Understanding (MoU) with the International Legal Advisors Office (ICLO) to provide competitive and specialized legal advice to small and medium-sized enterprises and creative entrepreneurs.
Dubai SMEs stated that the Memorandum of Understanding reflects its commitment to implement the government’s vision and strategy to develop and support SMEs in Dubai to achieve the highest level of sustainability and competitiveness at all levels.
The agreement was signed by Abdulaziz Al Mazmi, Director of Dubai Small and Medium Enterprises Business Incubators, and Saleh Al Obeidli, Partner at the International Consultants’ Law Office, at Hamdan Innovation Incubator in Business Village, Dubai.
“At Dubai SME, we are committed to providing a package of advisory and development services at discounted rates to entrepreneurs to support their journey, as well as continually improving our services to the highest level of quality and competitiveness,” said Al Mazmi.
“Our partnership with the International Law Office of Consultants is an added benefit to our support teams and members as they will have access to expert legal services, especially in the preparation of agreements, drafting contracts and reviewing the terms of projects initiated by members of Hamdan Innovation Incubator and Dubai Small and medium business, ”added Al Mazmi.
HI2 supports innovative projects and provides valuable services to creative and ambitious youth, primarily providing legal advice in areas critical to early growth and throughout the entire lifecycle.
Saleh Al Obeidli, Partner of the International Advisory Legal Bureau (ICLO), said: “Through this partnership with Dubai SMEs, we are committed to providing quality support to entrepreneurs in the Emirate of Dubai through our dedicated ICLO department, which focuses exclusively on startups and businesses. SMEs for providing them with innovative legal support and a vision of promoting entrepreneurship and SME development in the UAE and in particular in the Emirate of Dubai. “
“We offer a comprehensive package to support Startup & SME business creation and business continuity. Our goal is to achieve common goals that serve the interests of the business community, including free (introductory) classes for SMEs, legal services, including company formation, formulation and preparation of all contracts and agreements that will guide and support entrepreneurs and SMEs. … We will also guide them in the preparation of shareholder agreements, share purchase / subscription agreements, supply agreements, terms and conditions for electronic platforms, investment agreements and other innovative services. ”
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