The Dubai International Financial Center has announced the establishment of the Startup Boot Camp program, its regional headquarters in the center, pointing out that it is one of the most effective programs for startups and investors in the world.
A statement released yesterday stated that the establishment of the new Startup Boat Camp headquarters enhances the partnership between the program launched by the Rainmaking Global Accelerator Program Group in the Middle East and the Dubai International Financial Center.
He pointed out that the program "Startup Boot Camp" for startups specialized in financial technology was launched in Dubai in 2018, in partnership with Dubai International Financial and Visa International, and the banks of the "Mashreq" and "HSBC", where The program succeeded in graduating 20 startups in the field of financial technology specialized in payments, lending and Islamic digital banking services.
According to the statement, the Dubai International Financial Center and Startup Boot Camp in Dubai support business growth for startups, enhance their operational readiness and future expansion through an intensive three-month annual program.
Arif Amiry, CEO of the Dubai International Financial Center Authority, said: “Our strategic partnership with (Startup Boot Camp) reinforces our commitment to charting the future of the financial sector and supporting Dubai's position as a global financial center in the Middle East, Africa and South Asia, by developing emerging and innovative companies. In the field of financial technology at the Dubai International Financial Center ».
For his part, Lars Bosch, CEO of Rainmaking International Group for Accelerators Programs in the Middle East, North Africa and Russia, said: “We have decided to relocate Rainmaking MENA’s regional headquarters to the Dubai International Financial Center, to enhance our shared commitment to leading innovation in the UAE, and support The growth of promising technology companies from various fields.
He added: «Although the post-pandemic stage (Covid-19) will push the world towards an increasing virtual dimension, we will still need a center through which companies can meet to exchange knowledge and develop new opportunities, as (Dubai International Financial) is the best place to achieve that".