Dubai Startup Hub launches guides to support new entrepreneurs

Aiming to help startups in the UAE do business,The Dubai Chamber of Commerce and Industry's Dubai Startup Hub initiative launched eight guides for entrepreneurs who seeking guidance to launch startups.

The guides provide a comprehensive list of business incubators and accelerators that can help entrepreneurs grow their startups, as well as events that focus on their specific sectors.

"The guides are an innovative new tool to help promising startups in each of the target sectors," asserted Natalia Sycheva, Senior Manager, Special Projects and entrepreneurship at Dubai Chamber.

"The Dubai Startup Hub's mandate is to support emerging companies and help them understand and navigate the procedures for establishing businesses in Dubai," she explained.

The initiative, she said, serves to facilitate the exchange of knowledge and lays solid foundations for partnership and cooperation, all in an effort to drive growth in the emirate's startup scene. This ultimately boosts Dubai's entrepreneurial ecosystem and strengthens its position as a global destination for new businesses.

The decision to launch such a guide was made at Dubai Chamber's fifth and final 'Networking Series' organised in cooperation with Virtuzone. The series targeted startups and entrepreneurs which ran from mid-October to mid-December 2020.

The new guides cover eight key sectors, namely, Fintech, Healthcare, Transportation, Education, F&B, Social Impact, Sustainability, and Travel, Tourism & Hospitality. They provide resources – including relevant data, statistics, opportunities, and legislation – for entrepreneurs looking to launch startups in each of the eight sectors, additionally offering advice on how to apply for licences.

The fifth edition of Dubai Chamber's Networking Series drew more than 360 participants, 22 percent of them Emirati entrepreneurs, in addition to startup owners from around the world tuning in for the virtual event.

Dubai Chamber's Networking Series has drawn more than 1,650 participants throughout its five editions, including entrepreneurs, startup founders, and investors, where a total of 48 meetings were held.

(From WAM with edits)