Dubai Startup Hub Kicks off Initiative to Put Startups on a Fast Trackby Fintechnews Middle East 2. November 2020
Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has announced the launch of the Scale-Up Dubai programme.
The programme is intended to aid fast-growing startups or scale-ups by providing in-depth knowledge, guidance and tailored support.
Joining the pilot programme are scale-ups that have already developed viable businesses and benefited from their participation in Dubai Startup Hub’s Market Access programme, which fosters partnerships between startups and leading corporates in Dubai.
Over the last few months, the selected scale-ups took part in several interactive sessions that provided valuable insights on business setup, and global expansion as well as opportunities to showcase their businesses.
The virtual business networking event was joined by senior representatives from the RTA, Mashreq Bank, RAKBANK, Expo 2020 Dubai and Dubai Future Foundation.
It showcased new technologies offered by the scale-ups to government entities and established businesses looking for innovative solutions to address existing challenges.
Upon their completion of the Scale-Up Dubai programme, participants receive a digital “Market Ready” stamp that helps them boost their appeal and reputation among corporates in Dubai.
H.E. Hisham Al Shirawi, 2nd Vice Chairman at Dubai Chamber revealed that Dubai Startup Hub’s scale-up members have launched over 35 pilot projects to date, and collectively raised more than AED 16 million, while generating more than AED 6 million in sales.
Market Access is one of Dubai Startup Hub’s flagship programmes designed to facilitate partnerships between corporates and startups. The programme offers annual membership to corporates and access to a series of dedicated matchmaking events held throughout the year.
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