Dubai Chamber: 73% of the participants have never joined a business incubator

“Business Partnerships Network” brings together 6 startups with 3 major institutions in Dubai

The program is affiliated with Dubai Startup Ventures, one of the innovative initiatives of the Dubai Chamber.

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The "Business Partnerships Network" program of the "Dubai Startup Initiative", one of the innovative initiatives of the Dubai Chamber of Commerce and Industry to support entrepreneurship, has resulted in a number of strategic partnerships between three leading companies in Dubai and six technology startups, thus concluding the program for its 2021 session. This reflects the success of the program in providing an ideal platform for startups in the business world.

The Chamber stated in a statement yesterday that the “2021 cycle”, which was finally concluded, witnessed the participation of 13 emerging companies in the last phase of the program, as they reviewed their projects before the main leading companies in Dubai that joined the program, and six plans for partnerships and agreements between these companies were announced. and start-ups participating in the program, which have provided innovative solutions to the challenges faced by these key companies.

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The Chamber indicated that 73% of the participants in the program cycle had never joined an accelerator or a business incubator, while 50% of the startups participating in the “Business Partnerships Network” courses came from outside the country.

Three major leading institutions and companies in the Emirate of Dubai participated in the current cycle of the "Business Partnerships Network 2021" program, namely the Dubai Chamber of Commerce and Industry, DHL and Emirates NBD.

During the electronic event, the main companies evaluated the 13 startups that qualified for the program, where the program qualifiers presented their innovative solutions to address the challenges faced by the three main companies.

agreements

Dubai Chamber agreed to cooperate with ZPOOL, Value Grid and Digital Falcon, while DHL agreed to cooperate with Ottogee. While Emirates NBD chose to cooperate with the companies "IN-D" and "AI".

Digitization

Natalia Sycheva, Senior Director of Private Projects and Entrepreneurship at Dubai Chamber, said that the current cycle of the "Business Partnerships Network 2021" program has reinforced the prevailing trend in the business environment towards digitization, and demonstrated the need to adopt innovative digital solutions by companies, pointing to the The future belongs to companies that master investing with smart solutions.

Perfect platform

Sycheva added that the program succeeded in providing an ideal platform for strategic business partnerships, to take advantage of opportunities for business meetings, develop their skills, and help them enter the labor market.

profitable partnerships

The "Business Partnerships Network" program aims to connect various companies and institutions in the emirate with owners of start-ups and small and medium-sized enterprises, with the aim of creating profitable partnerships that achieve common goals.

The "Business Partnerships Network" is an innovative program to support entrepreneurship and start-up companies, by allowing them to work with reputable partners, which gives them several advantages, including acquiring the experience and skills necessary to work on developing private projects for these companies.

50% of the startups participating in the program's courses, came from outside the country.

• Emerging companies that provide solutions to challenges faced by "Dubai Chamber", "DHL" and "Emirates NBD".

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