Invest in Sharjah, Sheraa partner to link tech start-ups with investors

  • Date: 31-Mar-2021
  • Source: Arabian Business
  • Sector:Technology
  • Country:UAE
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Invest in Sharjah, Sheraa partner to link tech start-ups with investors

The Sharjah Entrepreneurship Center (Sheraa) and the Sharjah FDI Office (Invest in Sharjah) has partnered to link tech start-ups to an investor pool.

As part of the understanding, Sheraa will join Invest in Sharjah's local and international delegations to promote and attract tech startups to the thriving startup ecosystem in Sharjah. Invest in Sharjah will also offer Sheraa startups discounted Sharjah Investors Services Centre (Saeed) services and Entrepreneur Card benefits.

“We are proud to officially welcome Invest in Sharjah as a Strategic Partner. Together, we will advance our shared vision of supporting the growth of innovative startups as well as establishing Sharjah as a leader on the global entrepreneurship stage,” said Najla Al Midfa, CEO of Sheraa.

Techstars partnership with Hub71 alone have seen close to 20 tech start-up ventures setup shops in Abu Dhabi in recent years

Since its inception, Sheraa has supported 114 startups that have gone on to generate over $125 million in revenue, raise over $74 million in investment and create over 1,300 jobs.

Invest in Sharjah CEO Mohamed Juma Al Musharrkh, said: “As an entity committed to driving Sharjah's position as the preferred investment destination in MENA, Invest in Sharjah is proud to partner with Sheraa, who has been successfully developing