Dubai Chamber of Commerce and Industry said that its initiative "Dubai for Emerging Enterprises", which specializes in supporting startups and entrepreneurship, has launched a specialized digital training program for the 50 who qualified for the second phase of the fifth cycle of the "Dubai for Smart Entrepreneurs" competition, which is the first program of its kind to be Completely digitally signed. This competition aims to assist young entrepreneurs to be part of Dubai's strategic initiatives, in addition to enhancing the role of young entrepreneurs and entrepreneurs in the future innovative business system that enhances the emirate's position as a global center for innovative business.
The specialized online training program lasts for 10 weeks, and starts from April 19 to June 30, 2020, where the initial program for those who qualified for the second phase of the competition, which was two days of training, was replaced by a varied training lasting ten weeks for more participants in the competition to allow them to benefit Of specialized training, especially in these exceptional times, and helping them overcome the challenges of the current stage. More than 100 individual and group electronic training workshops will be organized throughout the two and a half month training program for the competition.
On the sidelines of the training program, Dubai Emerging Projects launched a new guide on how to present business ideas in a professional and correct manner. The Dubai Chamber prepared this guide based on global best practices that are compatible with the business environment in the emirate. Participants in the competition and other entrepreneurs can benefit from the guide to achieve positive, encouraging results when presenting their ideas to investors or specialized arbitral tribunals.
The training program includes a variety of activities, including taking advantage of the Chamber's business ideas presentation guide, organizing group sessions to present ideas, participating in a series of electronic training workshops and video meetings with winners and previous participants in the Dubai Smart Entrepreneurs Competition. The training program also includes 4 weeks of training and specialized work for each participant with trainers and mentors to improve their business models, in addition to the participants playing the role of jury members in a simulation competition among them.
Director of Entrepreneurship at the Dubai Chamber of Commerce and Industry, Natalia Shiva said that this training program is the first of its kind considered an innovative training model that takes into account the requirements of this exceptional stage full of challenges, and contributes to enhancing the skills and capabilities of entrepreneurs and emerging projects to make their way in the world of entrepreneurship, stressing that Those who were chosen for the second phase of the Dubai Smart Entrepreneur Competition were carefully chosen and they will be well trained to establish successful businesses.
Sheva pointed out that the launch of the guide on how to show business ideas is a new initiative in which Dubai for emerging projects put all their expertise to prepare it to be in the end a training and educational tool for entrepreneurs and owners of innovative ideas and emerging projects, stressing that the Dubai Smart Entrepreneurs Program for this year is considered Comprehensive and integrated, and provides an important addition to support emerging projects in the Emirate of Dubai.
This competition aims to assist young entrepreneurs to be part of Dubai's strategic initiatives, in addition to enhancing the role of young entrepreneurs and entrepreneurs in the future innovative business system that enhances the emirate's position as a global center for innovative business.
More than 1,600 participants participated in the Dubai Smart Entrepreneur Competition in its last four sessions, which reflects the global competition and its leadership in attracting the participation of emerging international companies, with a prominent growth in the number of global entries.
Dubai Emerging Projects, launched by the Dubai Chamber during 2016, is the first of its kind in the Middle East and Africa, which operates under the umbrella of Dubai Smart City, and embodies the value of the partnership between the public and private sectors in order to encourage innovation and entrepreneurship, as it is a major source of pioneers Business in Dubai, visitors can view new job opportunities, and can participate in the most important events that focus on technology, courses, meetings and other important advanced information. Dubai Emerging Projects supports the Dubai Chamber’s strategy to support entrepreneurs and encourage innovation. In 2015, the Chamber launched an innovation strategy aimed at representing, supporting and protecting the interests of the Dubai business community.