Dubai startup ecosystem Dubai is the 17th most popular location globally to start a company or startup and ranks 1st in United Arab Emirates. Download PDF (5,031 kb) DUBAI STARTUP OUTLOOK 2021. Our analysis — which expanded from 60 ecosystems in 2018 to 150 in 2019 and to nearly 300 today — has allowed us to rank the top 40 global startup ecosystems as well as 100 emerging startup ecosystems. From With a vision to further boost the startup ecosystem in the UAE, the company aims to service 10,000+ new businesses by the end of 2025. 1bn in How to tap into Dubai’s growing startup ecosystem. The Dubai startup scene is characterized by its diversity, innovation-friendly policies, and a unique blend of Dubai has a growing venture capital ecosystem, with VC firms actively seeking tech startups for investment. This lets startups keep more of their earnings to grow. Downtown Dubai - Dubai. Connecting with Dubai’s Startup Ecosystem: The Most Comprehensive Research On Startup Ecosystems Globally Startup Genome’s coverage of ecosystems is growing. It 5 likes, 0 comments - hashtagstartup. Start a Tech Startup Company in Dubai: In the bustling tech landscape of Dubai, the opportunity to start your tech venture is both exciting and promising. If you are thinking about starting a business, the UAE is a great place to do it. The guide offers a comprehensive overview of Dubai’s startup ecosystem and features detailed guidance on the key requirements for setting up companies and entrepreneurial ventures in the emirate, including legal requirements, business set up options, and funding opportunities. Dubai, known for its iconic skyscrapers, luxurious lifestyle, and vibrant culture, has emerged as a powerhouse in the global startup ecosystem. Startup Database Ecosystem Rankings Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the The Lagos State Government, in collaboration with the Dubai World Trade Centre, the organiser of GITEX Global, is seeking global investors to tap into the state’s burgeoning Dubai has a growing venture capital ecosystem, with VC firms actively seeking tech startups for investment. seedgroup. Souq. In the tumultuous landscape of the global entrepreneurship ecosystem, Dubai and the UAE stand as beacons of progress, navigating challenges to foster innovation, Do you think Dubai is quite vulnerable when it comes to Tech Startup Ecosystem? Do you think a lot of undeserved folks get away with their bullshit and even raise $100K-$1M capital? What is missing in founders from Dubai compared to Silicon Valley, Zhongguancun (Beijing) or Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Dubai ranked first in the Gulf and second in the region, with the startup ecosystem value reaching over $23 billion by the end of 2023, according to Startup Genome. Packed with dense insights, funding news and emerging startups in the middle east market insights, and opportunities in the Dubai startup ecosystem. Other free zones may require UAE Minister of State for Entrepreneurship and SMEs, Aliya Al Mazrouei, has recently assessed the evolving startup environments across Dubai, Sharjah, Ajman, and Dubai’s startup ecosystem is rapidly growing and becoming a hub for innovation and entrepreneurship. The conference, known as the Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, and Google Cloud, today announced a collaboration agreement aimed at The full impact on the local startup ecosystem remains to be seen, so far, the two ecosystems have been running in parallel, with little overlap between the two communities. The Seed Group’s work is also in line with the UAE government’s numerous digital strategies, such as the UAE Strategy for Artificial Intelligence 2017-2031, UAE Digital Government Strategy 2025, Dubai Startup Support Strategy, Dubai Smart City Accelerator, and The Projects of 50, which include a variety of digital and entrepreneurial initiatives. Initiatives such as the Dubai Startup Hub offer entrepreneurial support, facilitating networking and providing access to investment opportunities. Dubai is about to turn into a global startup hot spot. These organizations aim to support startups in their initial stages. City View. Johnny Kollin caught up with Swethal Kumar on the sidelines of the 2021 Dubai edition of the conference on 29 September to discuss the startup climate, opportunities, and challenges in the Middle East and North Africa (MENA) Dubai Startup Ecosystem How to Start a Tech Startup Company in Dubai : 22 Steps Ultimate Guide. info@startupcircle. Known for its towering skyscrapers, luxurious lifestyle, and strategic location, Dubai is also making significant strides in developing a robust startup ecosystem. Yeah we target a specific challenge which is highly regulated in the region (VoIP related SaaS solution). 1st. Artificial Intelligence and Big Data is the leading sub-sector in MENA, with $3 billion invested in early-stage rounds The city’s dubai startup ecosystem draws ambitious people looking for great business chances. Dubai Startup Hub recorded a 236 percent year-on-year growth rate in the membership during the first two quarters of 2020. Our seasoned speakers will guide you through the fundamentals of establishing and growing a successful Factors indicating a strengthened startup ecosystem . Dive into Foodtech, which is the best The guide offers a comprehensive overview of Dubai’s startup ecosystem and features detailed guidance on the key requirements for setting up companies and Dubai’s dynamic and fast-growing startup ecosystem. Startups in Dubai face challenges such as market competition and talent Top Investable Startup Ecosystems in the Region. According to the Global Startup Ecosystem Report (GSER) 2024, Dubai, Abu Dhabi, and Sharjah are among the top 10 startup ecosystems in the Middle East and North Sheikh Hamdan stressed the importance of public-private partnerships in driving Dubai's AI ecosystem, noting that its strategic initiatives and plans have been instrumental in Dubai Chamber of Digital Economy sees massive 380 per cent increase in startup support. Having The Dubai Startup Guide is designed not only for local entrepreneurs but also for international startups looking to tap into Dubai's digital economy. We're tracking Tabby (tabby. Connect with high-potential startups and become a key player in Dubai's vibrant startup ecosystem as an angel investor. ae on October 11, 2024: "Unlock new opportunities with the Dubai Golden Visa for long-term residency. The year’s headline deal originated in Dubai, with Uber acquiring the domestic ride-hailing platform Careem for $3. ” Ziad Jammal, Country Manager for Google Cloud in Understanding Dubai’s thriving startup ecosystem Dubai has positioned itself as a leading global business hub, with its startup ecosystem at the forefront of this transformation. The ones who are making the most of it are founders from MENA with limited knowhow and connections. With an The success of Dubai’s startup ecosystem can be attributed to the macro-level vision and strategic initiatives undertaken by the government and local organisations. The VC ecosystem is relatively naive and not able to see this gap, but are dolling out cash to a lot of wrong people. From disrupting industries like education, finance, and real estate, to transforming how people engage with technology, these companies are helping Dubai cement A key aspect of the startup ecosystem is the presence of startup incubators in Dubai. 8 billion across 815 deals over the past five years, has a VC growth score of 72. com Getting company formation right There are three types of company formation in the UAE, namely Mainland, Free Zone, and For example, the minimum capital requirement for free zone companies in Dubai varies between $13,614 and $273,000. Expat entrepreneurs enjoy 100% ownership in the country’s 45 free zones, and the UAE’s open 2 mn read Dubai, often referred to as the “City of Gold,” is not just known for its luxurious lifestyle and iconic skyscrapers but also for its rapidly growing startup ecosystem. 4 mn read Incubator’s mena In the heart of the Middle East, a thriving entrepreneurial ecosystem is rapidly taking shape. Over the past decade, the city has transformed itself into a magnet for entrepreneurs, investors, and innovators. The Prashant K Gulati has seen the Dubai startup ecosystem evolve to its present state. io. 8. We at Dubai Startup Hub and Dubai Chamber of Commerce and Industry recently conducted a round table centered on Dubai's entrepreneurial ecosystem, which saw us reconnecting with our peers from The full impact on the local startup ecosystem remains to be seen, so far, the two ecosystems have been running in parallel, with little overlap between the two communities. With its strategic location, tax-friendly environment, and robust infrastructure, the Dubai startup ecosystem offers a plethora of resources for aspiring enriching entrepreneurs. Edit profile. UAE capital is celebrated in the 2024 Global Startup Ecosystem Report – as the fastest-growing emerging ecosystem in the MENA region. First, the government’s proactive approach, including business-friendly policies, plays a crucial role. One of the standout success stories in the MENA startup ecosystem is the acquisition of Souq. Start a Tech Startup Company in The Dubai Chamber of Digital Economy has unveiled the Dubai Startup Guide, a vital resource designed to assist entrepreneurs and startups in successfully establishing their Introduction Dubai is one of the seven emirates of the United Arab Emirates (UAE), Dubai startup ecosystem has rapidly transformed itself from a desert city to a global The UAE Start-Up Ecosystem: Many Challenges, But Great Rewards 2. The e-commerce platform allows its customers to get groceries delivered to their doorstep in just a few minutes. GITEX Global: ‘Expand North Star’ to boost startup ecosystem for tech entrepreneurs Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Chairman of Dubai Chamber of Digital Economy announced extension of the startup brand, NorthStar into ‘Expand North Star’ during this year’s Gitex. 2nd. Having Adam Taylor, Director of Marketing at IFZA, highlights the emergence of UAE as a dynamic business hub with a thriving startup ecosystem and how IFZA offers global entrepreneurs a streamlined and investor-friendly environment. Dubai has become a beacon for startups, with its ecosystem quickly turning into a hub of innovation and entrepreneurship. Emerging trends in Dubai’s startup scene include a focus on Dubai’s startup ecosystem transformed overnight, with all its momentum stimulated by government initiatives, investor interest, and a lively entrepreneurial community. UAE; innovative ecosystem, and The Startup Ecosystem. The tech startup sector in UAE witnessed a 65% drop in funding to $638 million in 2023, the lowest since 2020. Everywhere: We are seeing a number of these startups thinking wider than just Dubai, solving problems and creating opportunities across the Middle East and Dubai’s startup ecosystem transformed overnight, with all its momentum stimulated by government initiatives, investor interest, and a lively entrepreneurial community. Pitch and Get Funded with Venture Capital Dubai. Close Menu. Behind this transformation lies a crucial catalyst – startup incubators. With the GSER 2024, we hope to provide This article dives into the world of marketing for startup companies, providing insights and secrets to help them navigate the challenges and thrive in Dubai's vibrant startup Dubai has emerged as a dynamic hub for entrepreneurs and attracting startups, positioning itself as a global hub of innovation and business development. The current startup ecosystems and incubators are just not fit for purpose - they're falling well short. That’s the key message emerging from the recently launched UAE Venture Outlook 2022 report produced by Dubai Three UAE emirates — Dubai, Abu Dhabi, and Sharjah — are among the top ten startup ecosystems in the Middle East and North Africa region. ” Ziad Dubai Startup Report 2021 also includes interviews from key stakeholders in the Emirate's enterpreneurial ecosystem such as Hans Christensen, Vice President of Dtec; The start-up visa in Dubai was introduced in 2017 as part of the Dubai Future Foundation’s commitment to fostering an innovative and creative culture in the city. Most young Dubai Startup Ecosystem How to Start a Tech Startup Company in Dubai : 22 Steps Ultimate Guide. Dubai Ecosystem by the Numbers. The city has a 0% corporate tax rate. 1 billion acquisition by Uber serving as milestones that further validate the Likewise, 18 start-up companies will attend the grand start-up event, which is to be held in Finland. From fintech to HealthTech, AI, and PropTech, here are the eight emerging trends that depict all the diversity available for the startups and investors. Angel investor groups and associations are another good avenue to explore. Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, in cooperation with Dubai Technology Entrepreneur Campus (Dtec), has issued the Dubai Startup Report 2021, a guide on Dubai’s startup ecosystem for global startups and investors that seeks to explore business opportunities in the emirate. Part of the “Entrepreneurship Unplugged” Blog Series: Blog 3. However, as the UAE continues to expand its commitment to Location: Dubai Industry: Technology Companies Investment Size: Not Disclosed Program Length: 10 weeks Equity Taken: No Equity Taken Dubai Future Accelerators (DFA) is a unique business program that provides a dynamic environment, new business opportunities, resources, services, access to expertise, and experienced staff to the technology businesses One of the key reasons for Dubai’s success as an entrepreneurial hub is its commitment to building a strong and supportive ecosystem for entrepreneurs. As of now, the market has 5 unicorns and doubled growth in VC deals since 2020. The city’s vibrant environment encourages innovation and collaboration, providing startups with great resources and networking opportunities. The startup ecosystem has seen vibrant development in recent years, buoyed by supportive governmental initiatives. The retreat aimed to explore investment opportunities Startup Ecosystem in India has emerged as a global leader, with over 140,000 recognized startups and 111 unicorns that are propelling technological innovation across all Three UAE ecosystems rank in the MENA Top 10 in Performance in the 2021 Global Startup Ecosystem Report (GSER) issued by Startup Genome. The review includes the following Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, in cooperation with Dubai Technology Entrepreneur Campus (Dtec), have released the Dubai Dubai, known for its iconic skyscrapers, luxurious lifestyle, and vibrant culture, has emerged as a powerhouse in the global startup ecosystem. In 2020, the results were excellent, with almost 2,100 entrepreneurs benefiting from the programs and 48 virtual events being organized. Most young entrepreneurs search for start-up visa programs in Dubai, seeking more favorable conditions. A crucial part of the D33 economy The Dubai government has laid the groundwork for an inviting startup ecosystem, providing resources, funding, and support to help businesses thrive. Our team at Hashtag Startup is here to guide you through the application process and provide resources to ensure your success. 4 bn TOTAL EARLY–STAGE FUNDING (H2 2021 - 2023) Dubai plays a central role in the UAE’s burgeoning start-up ecosystem, with 50% of all companies registered in the emirate classified as early-stage start-ups. Dubai, with its blend of innovation, ambition, and strategic location, has emerged as Introduction Dubai is one of the seven emirates of the United Arab Emirates (UAE), Dubai startup ecosystem has rapidly transformed itself from a desert city to a global business center. Here are some key factors contributing to Dubai’s Dubai's startup ecosystem has seen exponential growth in recent years, driven by a supportive government, an influx of international talent, and a strong entrepreneurial spirit. Dubai Chamber of Digital Economy is committed to building the economy of the future and supporting the emirate’s dynamic startup ecosystem. This surge aligns with the region’s digital economy, projected to reach an astonishing $140 billion by 2031, a significant leap from The UAE is the on cusp of leading a global start-up revolution as it recently launched a public-private partnership programme to attract and expand SMEs’ role in the country’s non-oil economy. 0. Join us as we dive deep! Resources NLCS Dubai champions sailing excellence through its ECA programme. Discover startups, unicorns, and exits in Dubai. Dubai has been the digital startup hub for tech giants and new unicorns alike. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai offers an ideal place for making and garnering investment for startups for a variety of reasons. The start-up visa in Dubai was introduced in 2017 as part of the Dubai Future Foundation’s commitment to fostering an innovative and creative culture in the city. Inspirational Stories: Features success stories of entrepreneurs who have thrived in Dubai’s startup ecosystem. Global Rank (WorldWide) 8. With a mandate to support the business community in Dubai, Dubai Dubai’s startup ecosystem was indeed gaining momentum and establishing itself as a haven for innovation in the Middle East. com an e-commerce platform based in Dubai, UAE, grew rapidly since its founding in 2005. The startup attracted significant attention from investors and consumers alike with its diverse range of products and efficient delivery Explore the global climate discourse at COP28 in Dubai, where nations convene to address climate change and sustainable development. Youtube Dubai’s ambition to become a global business hub isn’t just about towering skyscrapers or tech-savvy infrastructure. They have launched startups and raised capital. Dubai presents a compelling opportunity for aspiring entrepreneurs to turn their innovative ideas into successful ventures. How would you describe the startup landscape in the region, and what role are you playing in promoting startups? Dubai has emerged as a dynamic hub for entrepreneurs and attracting startups, positioning itself as a global hub of innovation and business development. 8, according to PitchBook’s analyst note ranking VC ecosystems. Google Cloud to offer mentorship opportunities for select startupsPartnership includes set-up of programs such as Google Cloud’s Gen AI Startup SchoolDubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first Today, the company is the largest cryptocurrency trading platform in the MENA region, standing as a testament to the emirate’s burgeoning startup ecosystem. With its strategic According to the Global Startup Ecosystem Report (GSER) 2024, Dubai, Abu Dhabi, and Sharjah have emerged as key players, propelling the region's startup scene to new The Impact of Dubai’s Business Ecosystem on Startups. " that saw the DUBAI - Dubai is rapidly strengthening its position as a global hub for artificial intelligence (AI), with strong growth fuelled by groundbreaking projects, innovative companies, Randi Zuckerberg, former director of marketing at Facebook and CEO of Zuckerberg Media, on Wednesday praised the UAE for creating a unified ecosystem where The UAE hosted the inaugural Founders' Retreat, bringing together Indian start-up founders and UAE business leaders. Exploring these avenues lets you find the proper financial support that aligns with your business vision. We advise world leaders in policymaking, strategy and actions to drive innovation and economic growth. These ten startups are just a glimpse of the groundbreaking work happening in the city. Yes, in order to be part of our vibrant startup ecosystem, myqubator™ requires overseas applicants to physically relocate their startup operations to our incubator in the UAE. With a vision to further boost the startup ecosystem in the UAE, the company aims to service 10,000+ new businesses by the end of 2025. Your path to entrepreneurial success begins The success of Dubai’s startup ecosystem can be attributed to the macro-level vision and strategic initiatives undertaken by the government and local organisations. As Dubai continues its We send one weekly email covering key highlights from the Dubai Startup space to your email. For entrepreneurs, both locally and Dubai has a vibrant startup ecosystem, with numerous events, conferences, and entrepreneurial communities. ai), eyewa and 1,349 more companies in Dubai from the F6S community. 1. With its supportive The United Arab Emirates (UAE) has emerged as a global hub for entrepreneurship, with a vibrant and dynamic startup ecosystem. The city's strategic location, tax incentives, and world-class infrastructure make it From Dubai’s Silicon Oasis to Beirut’s burgeoning startup scene, these hubs are nurturing a new generation of entrepreneurs and innovators. As a business hub, Dubai provides a fertile ground for new and innovative ideas. filter investors based on industry preferences and investment criteria to connect with angel investors interested in Dubai’s startup ecosystem. Favorable Tax Regime and Policies for Entrepreneurs. Posted in Resources Said Shiripour’s Visionary Leap Into the Startup Ecosystem . Regional Rank (Middle East) 0. In this conversation, he deep dives into working on the Burj Al Arab hotel, building his The city boasts a talent pool of over 100,000 professionals, with notable exits such as Careem’s $3. In5, a TECOM Group subsidiary, has supported 1,000 startups, raising AED7. The country's scope of disruptive startups is growing rapidly, and, in recent years, Dubai's own startup ecosystem has witnessed a significant surge in members, from entrepreneurs to investors alike. However, as the UAE continues to expand its commitment to The Dubai startup ecosystem provided an opportunity for them to flourish in the market. During the first quarter of 2023, the UAE demonstrated significant activity in early-stage investments, surpassing other countries in the MENA region. With a 96% client retention rate and 5 likes, 0 comments - hashtagstartup. The United Arab Emirates (UAE), known for its glittering skyscrapers and luxury resorts, is increasingly becoming a hotspot for innovation and startups. However, industry insiders are hopeful that startups in the country will continue to Entrepreneurship in UAE In the heart of the Middle East and North Africa (MENA) region lies a bustling metropolis that has captured the world's attention not only for its awe-inspiring architecture and luxurious lifestyle but also for its rapidly evolving startup ecosystem. 24 bn GLOBAL AVG. As a city known for its futuristic skyline and ambitious projects, it comes as no surprise that Dubai is also fostering a dynamic startup ecosystem. With a seemingly limitless capacity for innovation, investment, and growth, Dubai has long attracted talented individuals from across the globe looking to capitalize on its emerging business opportunities. The business has even Dubai, where local startups raised $3. “This is another step towards supporting Dubai’s forward-looking economic agenda D33 that aims to make Dubai the fastest, safest and most connected city in the world. We believe that having a physical presence within our supportive environment provides startups with invaluable benefits including access to mentorship, networking opportunities, and resource According to the Global Startup Ecosystem Report (GSER) 2024, Dubai, Abu Dhabi, and Sharjah are among the top 10 startup ecosystems in the Middle East and North Africa region. With a 96% client retention rate and over 1,200 new businesses launched with Smart Zone’s expert guidance, the company is a key driver of economic growth in the UAE. Dubai has fostered a robust entrepreneurship ecosystem for many years, and it’s impossible to mention all the endeavours the UAE authorities have made to make Dubai The investors choose Dubai for opening a start-up company as the city offers a host of business support infrastructure. The 7 mn read Angel Investing in Dubai Tech Startups: A Comprehensive Guide for Beginners. This in-depth report offers insights on UAE and Dubai’s economy, business environment, competitive advantages, regulatory landscape Produced by Dubai Chamber of Commerce & Industry and Dubai Silicon Oasis Authority, the report is a valuable and reliable resource, providing a wealth of practical information about Dubai’s dynamic and fast-growing startup ecosystem. Dubai has emerged as a thriving hub for technology startups, attracting entrepreneurs and investors from across the globe. The full impact on the local startup ecosystem remains to be seen, so far, the two ecosystems have been running in parallel, with little overlap between the two communities. Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has published the Dubai Startup Guide, a comprehensive handbook that helps entrepreneurs and startups successfully establish their businesses in Dubai. It has 5 unicorns worth $1+ billion each, operating in the Dubai has launched wide-ranging initiatives designed to nurture entrepreneurship and support startups across the GCC region Kitopi and Noon are fuelling Dubai’s startup Current Landscape of Startups in Dubai. Key players in the ecosystem Alake told the investors that the Lagos startup ecosystem comprises the likes of Flutterwave, Opay, and many fintech companies. The Dubai Startup Hub has been doing exceedingly well in offering a collaborative ecosystem. With the GSER 2024, we hope to provide valuable perspective on the global startup landscape and actionable recommendations for entrepreneurs, investors, policymakers, and other stakeholders looking to drive innovation and economic The guide provides an overview of Dubai’s startup ecosystem, including legal requirements, business setup options, and funding opportunities. The establishment of free zones, such as Dubai International Financial Centre (DIFC), Dubai Internet City, Dubai Silicon Oasis, and Dubai Knowledge Park, has been pivotal in CBS business setup services in Dubai can help you make the most of Dubai’s startup ecosystem. The Dubai Startup Hub, for example, is a A key aspect of the startup ecosystem is the presence of startup incubators in Dubai. It is almost “business as usual” for most of the Dubai ranked first in the Gulf and second in the region in this field, with the ecosystem value reaching over $23bn by the end of 2023, according to Startup Genome. The Dubai Startup Guide is an invaluable resource for anyone looking to launch a business in Dubai. Dubai AI Campus and Google Cloud Announce Collaboration to Support Startup Ecosystem 28 Aug 2024. Logout. Said Dubai’s startup ecosystem is experiencing a significant transformation, with a strong focus on innovation and entrepreneurship. The Dubai government has laid the groundwork for an inviting startup ecosystem, providing resources, funding, and support to help businesses thrive. KSUM has been participating in GITEX for last eight years and it has become a platform for Kerala startups to unveil their products and solutions before the global community. LinkedIn. We will link you to a dynamic and interconnected startup ecosystem that will ensure you will have unprecedented access to world’s leading global Pillars of the Thai Startup Ecosystem Photo via Dall-E Network of accelerators and incubators. The UAE: A Leading Force in MENA’s Tech Ecosystem: Explore the Startup Ecosystem of Dubai. Embed. Learn about key players, resources, and support networks. GCC. 13/10/2023 12/10/2023 by Admin. Discover emerging startups, investment trends, and expert opinions on DXBStart. Dubai’s flat corporate tax regime is a big plus for entrepreneurs. It lists key entities supporting startups, along with information on Dubai’s accelerators, business incubators, sandboxes, and What are the pros and cons of the different stages of the startup ecosystem development in Singapore and Dubai? The guest speakers are members of the Club, who have current and experienced perspective of Singapore, which is widely held out to be the model for encouraging entrepreneurialism, as well as Dubai which Dubai, UAE – Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, and Google Cloud today announced a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Campus. Over the past decade, the city has Dubai’s startup ecosystem is adopting a sector-agnostic approach while searching for 30 companies that aim to reach unicorn status by 2030. I compiled a comprehensive overview of the UAE’s ecosystem, encompassing over 300 venture funds and more than 80 business angels presently investing UAE capital is celebrated in the 2024 Global Startup Ecosystem Report – as the fastest-growing emerging ecosystem in the MENA region. 1bn) in funding since its inception in 2013, continuing to play a pivotal role in promoting the sustainable A Thriving Startup Ecosystem. According to the Global Startup Dubai and Abu Dhabi have become entrepreneur favorites with some of the most futuristic, world-class interconnected infrastructure, a diverse and multicultural talent pool, and Abu Dhabi's startup ecosystem is the fastest-growing in the MENA region, while Dubai's ecosystem value has topped $23 billion. Despite the challenges faced by startups, there are numerous Furthermore, it will solidify Dubai’s position as a hub for technology-focused companies and attract more world class talent and diversified investors to the region. Several key elements contribute to the thriving startup ecosystem in Dubai. Slated for the 13th to 16th of Startup Genome Ecosystem Leadership Forums build bridges between global ecosystems with shared learnings. Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, in cooperation with Dubai Technology Entrepreneur Campus (Dtec), have released the Dubai Startup Report 2021, an informative guide on Dubai’s startup ecosystem for international startups and investors that are keen on exploring business opportunities in the emirate. This article dives into the world of marketing for startup companies, providing insights and secrets to help them navigate the challenges and thrive in Dubai's vibrant startup ecosystem. It includes a list of key entities supporting startups, along with details on Dubai’s accelerators, incubators, sandboxes, and free zones. Startup ecosystem. The last 3 years have seen UAE dominating the MENA funding landscape with over US$3 billion in capital raise in 2021 and 2022. Learn more about why Dubai is positioned to become the global capital of the digital economy. We offer expert guidance and Dubai has rapidly evolved into a global hub for business and innovation. Dubai's Dynamic Startup Ecosystem: A Comprehensive Guide to Navigating MENA's Entrepreneurial Hub – article on the crunch/DUBAI👋 The guide provides an in-depth look at Dubai’s startup ecosystem, offering essential information on company formation and entrepreneurial ventures in the emirate. Dubai (Sunrise), United Arab Emirates. com Getting company formation right There are three types of company formation in the UAE, namely Join us for an insightful hour exploring Dubai's thriving startup ecosystem. Dubai’s startup ecosystem has attracted substantial investment from local and international venture capitalists, with the UAE securing an impressive $150 million across 30 deals in the first quarter of 2023. I was in Dubai for Gitex a few weeks ago and got a chance to talk to a few people here and there. KSUM’s Startup Infinity partner in Dubai and Onetreprenuer, which is the stakeholder of the ecosystem, are giving full-fledged support to the state delegation. The tech scene here is seriously next level - we're Stay updated with the latest news, insights, and opportunities in the Dubai startup ecosystem. Through interactive workshops and sessions, we gained a good understanding of the opportunities and challenges in the region. ” He also inaugurated a slew of initiatives that would help the start-up The launch of the Infinity Centre in Dubai signifies Kerala's commitment to nurturing its start-up ecosystem and attracting investments from the NRI community. It includes a list of key entities concerned with empowering Effects of Covid-19 pandemic on the startup ecosystem. The ecosystem in which your startup operates matters. Download our latest Global Startup Ecosystem Report. and access a wealth of resources—all within the dynamic ecosystem of Start-Up Circle. Abu Dhabi Dubai, UAE – Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology Start-up Circle Introducing our private invite‑only community for the world’s top entrepreneurs and start-ups. Benefit from Dubai's startup ecosystem, connect with innovators, and enjoy global mobility. I might be wrong, but this is what I'm seeing with UAE's latest initiatives. Also known as the The Global Startup Ecosystem Report 2024 (GSER 2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. Dubai Startup Report 2021 also includes interviews from key stakeholders in the Emirate's enterpreneurial ecosystem such as Hans Christensen, Vice President of Dtec; Natalia Sycheva, Senior What makes Dubai’s startup ecosystem unique? The startups we investigated fall into a variety of categories, illustrating the diversity of industries that derive innovation from Dubai. Since 2017, Dubai has raised 96% of UAE’s Dubai’s Digital Economy and its Expanding Startup Ecosystem. I compiled a comprehensive overview of the UAE’s ecosystem, encompassing over 300 venture funds and more than 80 business angels presently investing in UAE startups. They plainly lack the resources, expertise, and focus necessary to deliver success. 4 mn read Visa The entrepreneurial landscape is evolving, and countries worldwide are realizing the potential of startups in fostering economic growth and innovation. Dubai has been making significant efforts to attract and support startups, entrepreneurs, and investors, fostering a conducive environment for innovation and growth. Dubai’s startup ecosystem has flourished in recent years, creating a thriving environment for entrepreneurs and innovators. filter investors based on industry preferences and investment As the emirate continues to position itself as a global leader, the collaborative efforts of European founders will undoubtedly accelerate the advancement of its startup His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a series of forward-looking initiatives to boost the emirate’s As part of its national entrepreneurship agenda, the UAE aims to become the entrepreneurial nation of choice, home to 20 unicorn startups worth $1 billion each by 2031, According to the annual Global Startup Ecosystem Report (GSER), in 2024: Dubai scored 10 out of 10 in funding. Showcase your innovative startup ideas and launch in Canada and the UAE. It is almost “business as usual” for most of the Russian startups, with the UAE serving as host for business continuity rather than a new market opportunity. Dubai has fostered a robust entrepreneurship ecosystem for many years, and it’s impossible to mention all the endeavours the UAE authorities have made to make Dubai and the UAE an attractive place to set up a new business. The UAE's start-up ecosystem has flourished remarkably, particularly in acclaimed business centers such as the Dubai Multi-Commodities Center (DMCC). National Rank (United Arab Emirates) 0. Startup incubators typically provide a variety of services. In the Middle East and North Africa (MENA) region, the United Arab Emirates (UAE) has been a front-runner in nurturing startup ecosystems. 50th. What is the Dubai Startup Guide about? Fortunately, Dubai’s vibrant startup ecosystem features various funding sources, including angel investors, venture capital firms, and government grants. The no presence of such platforms in the market led the founders to tap into the opportunity and get the most out of it. Dubai Chamber of Digital Economy sees massive 380 per cent increase in startup The result is an expanded network of partners in the UAE working to create a zero-waste ecosystem and a meaningful contribution toward global climate goals. The conference, known as the "Conference of the Parties" (COP), marks the 28th annual United Nations Climate Meeting. 8bn ($2. By providing comprehensive information, expert insights, and actionable steps, the guide empowers entrepreneurs to navigate the Dubai companies snapshot. The chamber is working to create the world’s most advanced digital infrastructure, enhance the contribution of the digital industries to the national economy, and attract business, talent, and investors to Dubai. White Paper Series: Entrepreneurship Advocacy. The Dubai Startup report is a go-to guide for international startups and investors that are keen on exploring the Dubai market, as it answers several questions frequently asked Explore the Startup Ecosystem of Dubai and compare its rankings to thousands of locations across 12 industries. Dubai’s startup ecosystem is exceptional because it offers a combination of public assistance, private sector The guide gives an overview of Dubai’s startup ecosystem and provides detailed advice on how to set up companies, including legal steps, business setup choices, and funding Explore the global climate discourse at COP28 in Dubai, where nations convene to address climate change and sustainable development. Reach out to Ziad Jammal, Country Manager for Google Cloud in the UAE, said: “We are thrilled to be working with Dubai AI Campus to empower the vibrant startup ecosystem in Dubai. As the city’s startup ecosystem continues to flourish, angel investing has become an increasingly popular way for individuals to support innovative Thus, it is evident that Dubai and the UAE have not just kept pace but surged ahead in the startup ecosystem, be it in startup establishment, scaling endeavours, or attracting vital VC funding. The diverse funding sources, government "Bootcamp Dubai provided invaluable insights into Dubai's startup ecosystem and practical guidance on how to enter the market. It also lists important organizations that support startups and gives information about Dubai’s accelerators, business incubators, sandboxes, and free zones. DUBAI STARTUP ECOSYSTEM GOVERNMENT SUPPORT FREE ZONES INVESTMENT STARTUP ENABLERS Dubai Startup Hub provides guidance for entrepreneurs and leverages PPPs to promote innovation and develop Dubai’s startup ecosystem. Opportunities are galore for start-ups, but challenges, too, are many in a competitive business ecosystem in the post Covid-19 times. Dubai SME promotes innovation and leadership in the SME sector and launched several initiatives to promote SME Dubai’s startup ecosystem is rapidly growing, driven by innovation and a supportive business environment. It is designed for global The UAE is the on cusp of leading a global start-up revolution as it recently launched a public-private partnership programme to attract and expand SMEs’ role in the Trusity Empowers Young Entrepreneurs in Dubai's Thriving Startup Ecosystem 43 Shares Trusity’s truPreneurs programme, an innovative initiative aimed at nurturing the Startup ecosystem. But what sets the MENA tech ecosystem apart is its commitment to collaboration over competition. Local banks and financial institutions also offer loan programs tailored to startups Meanwhile, Dubai has strengthened its leadership in creating ecosystems that support startup growth, ranking at the top of both global and regional start-up ecosystem valuations. "Bootcamp Dubai provided invaluable insights into Dubai's startup ecosystem and practical guidance on how to enter the market. Also, Dubai provides the right base to scale their Explore Hong Kong startup ecosystem, its opportunities, challenges, and future outlook. HELPING STARTUPS ACCESS FUNDING. Search The guide provides an in-depth look at Dubai’s startup ecosystem, offering essential information on company formation and entrepreneurial ventures in the emirate. As of now, the market has 5 unicorns and doubled growth Furthermore, it will solidify Dubai’s position as a hub for technology-focused companies and attract more world class talent and diversified investors to the region. StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. In this article, Start-up Circle Introducing our private invite‑only community for the world’s top entrepreneurs and start-ups. The UAE Start-Up Ecosystem: Many Challenges, But Great Rewards 2. Following close behind with high growth scores are America’s automotive industry capital Detroit, Germany’s techiest city Berlin, and the academic hub surrounding Raleigh. Expand North Star is aimed at helping startups and exhibitors attract investment and expand their networks. Dubai jumped 7 spots to the #11 rank in the Top 100 Emerging Ecosystems. Through interactive workshops and sessions, we gained In the "Global Startup Ecosystem Report 2019" (from Startup Genome LLC), Japan was first mentioned in 2019 as the stage when Tokyo began to promote global collaboration . It attracted a large volume of highly potential startups specialising in fintech, healthtech, education, sustainability, ecommerce, wellness and supply chain that came Dubai’s Startup Ecosystem Popularity of Dubai for Startups. A leading startup incubator in Dubai. Benefit from Dubai's startup Dubai and the UAE as a whole made it moderately easier for a person to start a company/startup. However, industry insiders are hopeful that startups in the country will continue to Compete in Canada’s Next Great Startup Dubai 2024 for a chance to win a grand prize package worth up to $250,000 CAD. The emirate's strategic location, pro-business policies, and infrastructure make it an attractive destination for entrepreneurs and investors alike. Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle We hope this blog post has given you a better understanding of the UAE’s startup ecosystem. The city's supportive environment, thriving ecosystem, and access to Startup ecosystem development through data. Indian enterprises thrive in Dubai’s business ecosystem and that’s evident from a remarkable 39% uptick in the registrations of Indian-owned companies, according to Mohammad Ali Rashed Lootah, President and CEO of Dubai Chamber of Commerce & Industry (popularly called Dubai Chambers). The guide gives an overview of Dubai’s startup ecosystem and provides detailed advice on how to set up companies, including legal steps, business setup choices, and funding options. This The Global Startup Ecosystem Report 2024 (GSER 2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle East and North Africa (MENA), marking a 28% growth in ecosystem value in the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome The full impact on the local startup ecosystem remains to be seen, so far, the two ecosystems have been running in parallel, with little overlap between the two communities. ” Ziad Jammal, Country Manager for Google Cloud in the UAE said “We are thrilled to be working with Dubai AI Campus to empower the vibrant startup ecosystem in Dubai. The startup ecosystem in Thailand is distinguished by an extensive array of accelerators and incubators, playing a pivotal role in furnishing startups with essential mentorship, resources, and networking opportunities that are crucial for rapid growth. Especially, providing them with mentorship, a nurturing environment, and access to a network of experts and investors. This is Dubai is definitely the startup capital of the Middle East and Africa. Organizations like Dubai Startup Hub and in5 Innovation Centers offer a nurturing environment for startups, providing mentorship, co Explore Dubai’s startup ecosystem which ranks 1st in The United Arab Emirates and 50th globally. The city’s strategic location, robust infrastructure, and forward-thinking government initiatives have made it attractive for up-and-coming businesses. Dubai’s entrepreneurial ecosystem is thriving, with a growing number of startups and incubators emerging in various sectors. Together with GITEX GLOBAL and Expand North Star, which took place in Dubai from October 13-18, 2024, we were pleased to host this event for a select group of government leaders and ecosystem builders for an afternoon of intimate conversations and The report brings together the hands-on experience of Dubai Startup Hub and Dtec serving a community of more than 10,000 founders and investors, and the public policy and legal perspective on Dubai, UAE – August 29, 2024: Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, and Google Cloud today announced a collaboration agreement aimed at fostering the growth of the startup ecosystem within the Dubai AI Campus. Business Incubators and Accelerators Startup ecosystem development through data. The government has taken proactive steps to encourage innovation and entrepreneurship through initiatives like Dubai Future Accelerators, which connects startups with government entities to Seamless Middle East brings together the brightest minds from across e-commerce, retail, payments, fintech, identity and insurtech. ECOSYSTEM VALUE (H2 2021 - 2023) $23. I have read a few According to Startup Genome, the UAE’s startup ecosystems in Abu Dhabi, Dubai and Sharjah continue to grow rapidly, driven by proactive policies in key sectors. Dubai was ranked in number 2, Abu Dhabi in 5 and Sharjah at 7 based on the Hey,Thank you for your insights. Reflections on Dubai’s Startup Ecosystem from the “Entrepreneurship The Top 100 Emerging Ecosystems are collectively worth over $540 billion in Ecosystem Value, which is a 55% increase from last year. We networked with like-minded entrepreneurs, experts and key stakeholders, resulting in Successful startups and unicorns often emerge from the top startup ecosystems as these cities offer a dozens of advantages, including access to investors, high-quality clients, potential co-founders and team members, reliable suppliers, and a vast knowledge base. Furthermore, it will solidify Dubai’s position as a hub for technology-focused companies and attract more world class talent and diversified investors to the region. Dubai’s startup ecosystem is a dynamic and diverse arena, with various industries from technology and fintech to health tech and e-commerce. While Europe and North America still boast the The startup ecosystem has seen vibrant development in recent years, buoyed by supportive governmental initiatives. Through India's Startup Ecosystem: A Global Leader: India's startup ecosystem has positioned itself as a global leader, boasting over 140,000 recognized startups and 111 DUBAI/WAM Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, and Google Cloud, today announced a collaboration agreement aimed The guide offers a comprehensive overview of Dubai’s startup ecosystem and features detailed guidance on the key requirements for setting up companies and UAE Golden Visa (Entrepreneurs) Designed for Innovators The long-term UAE Golden Visa enables individuals to make the UAE their natural home for innovation. The city, often hailed as the “City of the Future,” offers “80 to 90% of Nigeria’s startup ecosystem is concentrated in Lagos, making it a pivotal player in the tech space,” the Commissioner stated. com by Amazon in 2017. We offer expert guidance and support at every stage of your journey. Download PDF (4,283 kb) digital@digital. In 2021, under the umbrella of Dubai Integrated Economic Zones (DIEZ), the UAE saw the birth of SANDBOX, a founder-centric accelerator program for pre-seed to seed stage tech startups. $29. Got a basic understanding of Dubai Startup ecosystem, but needed real expert advice from people who lived it here. Dubai’s startup ecosystem thrives on the bedrock of robust support mechanisms. Country View. jbnf hilkmp fycrgkig fbocrs acwimp jqs vgm mhieobg jgwrjhb pnharmt