Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry, has launched a program called Scale-Up Dubai to guide start-ups to expand their access to new markets.
This new venture is an extension of the Dubai Startup Hub’s existing Market Access program, that offers wide knowledge and support to fast-growing start-ups or scale-ups, as they aim to make their business a step ahead and expand.
This particular program is curated focusing on those scale-ups that have already created feasible businesses and made the best result out of their participation in Dubai Startup Hub’s Market Access Program, which promotes partnerships between start-ups and leading corporates in Dubai.
As part of the program, the selected scale-ups were included in a number of interactive sessions that offered several insights regarding business setups, global expansion and attracting public and private sector organizations.
The session also had representatives of legal and licensing experts with the participants and they shared valuable practical information about the process, cost and legalities of setting up in Dubai.
Participants had the opportunity to connect directly with Omar Khan, Dubai Chamber’s Director of International Offices, and Dubai Chamber’s representative offices in Africa and Eurasia and benefit from support and guidance on specific markets of interest and international expansion.
A virtual business networking event joined by senior representatives from the Roads and Transport Authority, Mashreq Bank, RAKBANK, Expo 2020 Dubai and Dubai Future Foundation, exhibited cutting-edge technologies developed by the scale-ups for government entities and reputed private businesses to solve their existing challenges.
With the completion of the Scale-Up Dubai program, the participants were awarded a digital “Market Ready” stamp that would support them to promote their business among corporates in Dubai.
Hisham Al Shirawi, Vice Chairman at Dubai Chamber described the Scale-up Dubai program as uniquely curated to encourage its members to take their business into the next levels, explore global markets and connect with the public and private sector stakeholders.
Al Shirawi further added that the scale-up members offer cutting-edge solutions related to energy, health-tech, transportation, logistics, fintech and eCommerce that address market needs and new challenges created by COVID-19.
Since 2016, Dubai Startup Hub’s members have initiated over 35 innovative projects and collectively accumulated around $4.3 million while generating $1.6million through sales.