Dubai lures innovators, startups with new programme – ZAWYA

Dubai lures innovators, startups with new programme – ZAWYA

Dubai aims to attract thousands of startups and innovators, especially in key strategic sectors, from across the globe to make emirate as a global hub for disruptive technologies and make the economy future ready.. Launched by government-backed Dubai SME , the 'Innovation Attraction Programme' or IAP, will reach out to over 25,000 startups worldwide that are looking at Dubai as a new market for their innovative solutions and facilitate their entry to Dubai.. The initiative will work as a two-way traffic, attract foreign startups to access funds for growth while the local startups will get international exposure.. "Dubai already has a unique advantage as an entrepreneurial hub and our startups when empowered with the right resources can usher in innovative solutions and help accelerate our transition to a future-ready economy," he added.. The 'Innovation Attraction Programme' links local SMEs to a global ecosystem and addresses the challenges of establishing and growing in a new market," said Abdul Baset Al Janahi, CEO of Dubai SME.. "It is a two-way street - it lays down the path for our SMEs to go global while also guiding the most outstanding innovators worldwide to new markets through Dubai," he added..