His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched “The Emirates: The Startup Capital of the World” marketing campaign, a strategic initiative aimed toward strengthening the UAE’s place as a number one world hub for entrepreneurship and innovation.
The marketing campaign seeks to supply complete assist to Emirati youth, enabling them to profit from the UAE’s distinctive financial surroundings by an built-in ecosystem of initiatives, platforms, and specialised programmes designed to foster innovation, speed up progress, and diversify the nationwide economic system.
Supervised by the Ministry of Financial system and Tourism, in collaboration with the UAE Authorities Media Workplace and the UAE Entrepreneurship Council, the marketing campaign brings collectively over 50 incubators and accelerators alongside a large community of strategic companions from the private and non-private sectors, in addition to main nationwide establishments and educational entities, to create an inclusive surroundings that nurtures entrepreneurial expertise and unlocks financial potential.
H.H. Sheikh Mohammed bin Rashid stated, “In the present day, the Cupboard launched the brand new nationwide marketing campaign “The Emirates: The Startup Capital of the World.” The marketing campaign brings collectively greater than 50 entities from each the private and non-private sectors, with the goal of coaching and nurturing 10,000 Emirati entrepreneurs, creating hundreds of financial alternatives, and elevating neighborhood consciousness on the significance of leveraging the financial momentum the nation is witnessing. A collection of initiatives shall be launched, with a name for all establishments to actively take part on this marketing campaign and assist its goals.
He added, “The UAE is at present house to 50 enterprise incubators unfold throughout the nation. Small and medium-sized enterprises kind the spine of the nationwide economic system, contributing greater than 63% of the non-oil GDP. The UAE additionally leads amongst 56 world economies in supporting SMEs and in offering the absolute best surroundings for his or her progress and success.
The overarching aim is to encourage extra younger individuals to determine their very own firms, play an energetic position in advancing financial improvement, and seize the huge alternatives provided by the UAE’s dynamic nationwide economic system.”
StartupEmirates.ae Digital Platform, an entrepreneurship assist platform launched in partnership with the New Financial system Academy, offering free mentorship programmes and connecting youth with startups. The platform goals to draw 10,000 entrepreneurs and create 30,000 new jobs by 2030, providing shared workspaces, enterprise networking occasions, coaching applications, and cross-border partnerships to place the UAE as a gateway for world startups.
The Entrepreneurship Programme aimed toward coaching 10,000 Emiratis in Entrepreneurship is unified programme that equips 10,000 Emirati women and men with each foundational data and sensible expertise in entrepreneurship. It features a newbie observe targeted on important ideas and practices for aspiring entrepreneurs and a complicated observe overlaying the total journey from enterprise setup to sustainable progress and world growth.
The Specialised Content material Creator Programme in Economics and Entrepreneurship, a nationwide initiative to lift consciousness about entrepreneurship by coaching 50 Emirati content material creators specialised in economics and entrepreneurship.
The Mission Administration Consultants Programme will practice and qualify and license 500 Emiratis in residential building challenge administration. Members shall be empowered to supervise the complete lifecycle of housing tasks—from planning to execution—and shall be geared up with the abilities and data to assist householders in constructing their residences.
The UAE Tax Agent Programme will Licence 500 licensed Emirati tax brokers by an intensive coaching programme over three years. The programme contains, VAT Diploma, Company Tax Diploma, carried out in collaboration with the Federal Tax Authority and the New Financial system Academy.
The initiative will assist the launch of 250 full-time Emirati actual property firms by incubating and supporting them. These firms will function as licensed companies, not simply unbiased brokers.
The Younger Entrepreneurs & Graduate Enterprise Expo will embody selling entrepreneurship from an early age by organising a nationwide expo throughout all instructional establishments in partnership with the Ministry of Schooling. Along with internet hosting a devoted expo for graduate entrepreneurs to showcase their enterprise tasks to a large viewers of traders, potential companions, and assist organisations, in collaboration with the Ministry of Increased Schooling and Scientific Analysis.
As for the Entrepreneur Participation in Federal Authorities Procurement, this transfer aimed toward enabling startups to compete within the federal procurement ecosystem underneath the Ministry of Finance. This contains, increasing entry and competitiveness for startups and inspiring their contribution to innovation and financial progress. It additionally contains prioritising nationwide entrepreneurs in federal tenders and streamlining procurement procedures, along with offering coaching and consciousness applications to assist startups navigate and thrive inside the authorities procurement system.