It supports small and medium enterprises in various sectors, most notably technology

"Enterprise Development" launches a British business incubator

Abdul Basit Al-Janahi: "The new incubator strengthens the partnership with innovative British companies."

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, one of the Dubai Economic Institutions, has launched a specialized business incubator for British innovative projects, in cooperation with the British Center in Dubai.

According to a statement issued yesterday, both the incubator and the partnership with the British Center contribute to strengthening Dubai's leadership position as a distinct investment incubator in the Middle East region, making it a distinct destination for foreign innovative companies, which reflects its attractiveness and competitiveness with what it owns, whether at the level of the legislative environment organizing society The business, or the infrastructure it possesses, is the largest in the region.

Support

The New Business Incubator provides support and expansion for British small and medium-sized companies, in the sectors of information technology, e-commerce, digital economy, digital marketing, operations and logistics, smart applications, as well as new sectors that are experiencing increased interest around the world.

Motivating talent

Abdul Basit Al-Janahi, Executive Director of the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, said: “We are delighted to join the British Business Center under the umbrella of the Dubai Network for Business Incubators, and to obtain accreditation for business incubators and accelerators, as the center will contribute to the continuity of the tender process, and to enhance and stimulate leadership and support talents and innovations. ».

He added, "This incubator will complete the series of achievements that other incubators have contributed to achieving, in addition to strengthening the partnership between innovative British companies and national startups."

Al-Janahi added: “We are confident that the coming stage will witness the incubation of many new projects in the sectors of health care, logistics operations, e-commerce and the digital economy, as well as new sectors, such as food and advanced agricultural technology, which will contribute to an increase in the rate of partnerships and exchange of experiences between national companies and people Jurisdiction".

An opportunity to expand

Al-Janahi pointed out that the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development seeks, through the activity of "business incubators and accelerators centers", to provide an opportunity to expand investments in the entrepreneur platform sector of all sectors, which include: business incubators, accelerators, and co-working spaces. .

He indicated that the new initiative comes as a step to establish the Dubai Network of Business Incubators, which will act as a guide to assist, encourage and provide best practices for business incubation programs in the country, as well as activate and support the private sector to invest in the field of business incubators.

Development

For his part, CEO and founder of the British Business Center - Dubai, Joseph Hepworth said: “We are pleased to join the network of accredited business incubators and accelerators in the emirate of Dubai under the umbrella of the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, as a step in the development of the activities and services of the British Center in Dubai.” .

7 incubators

During the past year, the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development managed to include seven specialized business incubators in the network of business incubators that it supervises.

The specializations of the incubators varied between specialized business incubators in the digital technology sector and “robotics”, the design sector, the sustainability sector in energy, water, building materials, transportation and waste treatment, and other sectors that support innovation.

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