Helps find funding and provides advice and training support
Concept Plus..a new business incubator to support emerging entrepreneurs
The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, one of the institutions of the Department of Economy and Tourism in Dubai, announced the launch of the new business incubator "Concept Plus", which is a multi-sector technical business incubator, focusing on digital technology, in addition to its support for creative projects for young people.
main services
In a statement, the Foundation stated that Concept Plus includes a number of main services to support and incubate emerging entrepreneurs, which are to find the appropriate funding to launch the project idea and start work, and to enhance success through unlimited access to investors, partners and service providers, and unique incentive networks from Financial support for consulting, training, or legal work, and co-working spaces to support leaders in the thinking and preparation of project studies, and plans to start a business.
There is also joint cooperation with partners to provide a number of services that entrepreneurs need to launch their projects, from legal work to technical support, marketing expertise, financial/accounting services, in addition to employment and training.
Courses and platform
The business incubator also provides training courses through its affiliated academy, and consultancy through a team of experts.
It also provides an electronic platform for selling the products of the incubated companies, and providing selling spaces for the products inside the incubator, to test, market and sell the products through the online store or through the physical store, in addition to the possibility of providing specialized sales representatives.
support the economy
The Executive Director of the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, Abdul Baset Al Janahi, praised the role of specialized business incubators in supporting the economy and developing a new system that suits the needs of the next stage.
He stressed the necessity of supporting entrepreneurs by the private sector, activating and strengthening its role to become part of the main engine of economic activity, and adopting the necessary policies to maintain development and economic development, as well as finding a balance between the public and private sectors to develop the role of small and medium-sized companies, and activate the expansion of opportunities to open new markets. In front of entrepreneurs, and more diversified sources of financing for those with innovative ideas.
Al Janahi stressed that the UAE is working to build a solid future for its generations, investing in people, and advanced science and technology.
Business Acceleration
For his part, the founder of the business incubator «Concept Plus», Muhammad Al-Mansoori, said that the incubator provides a full range of services for emerging companies, to successfully formulate their business journey to the world, through internal services and strategic partners, under one roof.
He added, "Whether the entrepreneur needs commercial, technical, marketing or financial support, we have the tools that will accelerate the establishment of businesses in the UAE and start the journey of success."
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