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Dubai unveils digital crowdfunding platform for startups issacjohn@khaleejtimes.com Filed on May 19, 2021 Dubai SME provides a package of incentives for those who obtain financing on ‘Dubai Next.’ The package includes incubating the idea in the Hamdan Innovation Incubator (HI2) or in one of the 14 certified incubators in Dubai. The platform, ‘Dubai Next,’ allows young startups and innovators from diverse nationalities in Dubai to secure the funding to launch their projects. Dubai rolled out on Wednesday a digital crowdfunding platform to enable entrepreneurs to secure the required funding to start up their businesses. The platform, ‘Dubai Next,’ allows young startups and innovators from diverse nationalities in Dubai to secure the funding to launch their projects. ....
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Invest in Dubai records robust growth DUBAI, 15 days ago Invest in Dubai (IID), an integrated digital business set-up platform, has recorded robust growth in its use, reflecting Dubai’s growing position as a leading global business destination for investors and entrepreneurs locally and globally. IID offers a unique business set-up experience backed by Dubai’s advanced smart solutions. The largest one-stop-shop platform of its kind, it enables investors to obtain trade licenses and launch their business in a matter of minutes. The growth of the platform supports the goal of the General Secretariat of The Executive Council of Dubai to ensure the smooth integration of government operations in line with the leadership’s objective of ensuring high global standards in facilitating business activity. The Invest in Dubai platform contributes to unifying, facilitating, and speeding up business set-up procedures effortlessly, serving investors and business l ....
‘Invest in Dubai’ records robust growth Muzaffar Rizvi/Dubai Filed on May 10, 2021 Invest in Dubai (IID) served more than 2,000 businesses in the emirate and attracted 3,746 foreign investors from 77 different countries. File photo The innovative platform also issued 3,464 commercial licences and created 9,181 jobs across different economic sectors, reflecting Dubai’s growing position as a leading global business destination for investors and entrepreneurs locally and globally Investors repose trust in Dubai’s growing economy as the emirate’s first integrated digital business set-up platform recorded robust growth since its launch in February this year. Invest in Dubai (IID) served more than 2,000 businesses in the emirate and attracted 3,746 foreign investors from 77 different countries. ....
SHARE Invest in Dubai (IID), a platform offering advice and tools to investors looking to set up a business in the emirate, attracted 3,746 foreign investors from 77 countries in less than four months. Founded in February, the platform recorded strong growth in registrations from companies keen to explore post-pandemic opportunities in Dubai. Investors from 10 countries including the UK, Russia, France, Jordan, Egypt, India, Pakistan and the Philippines accounted for 90 per cent of interested investors, Mohammed Al Marri, director general of the General Directorate of Residency and Foreigners Affairs in Dubai, said. “The average age of investors was 37 years. The 26-35 age group represented 37 per cent of investments, followed by the 36-45 age group at 35 per cent. We constantly check the data on registered customers on the IID platform to make sure it is credible,” he added. ....