DIFC officially launched its venture building program ‘DIFC Launchpad’

DIFC officially launched its venture building program ‘DIFC Launchpad’

Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region, has launched its venture-building program, ‘DIFC Launchpad’.

The initiative seeks to develop a strong venture-building model that promotes the growth of innovative start-ups and scale-ups in the region.

The inaugural event was attended by Mr. Essa Kazim, Governor of DIFC, and a host of dignitaries, business leaders and partners. The ‘DIFC Launchpad’ program expects to support the launch of more than 200 new ventures, with over 100 of them being scale-ups that will collectively create over 8,000 new jobs and attract over $544 million in venture capital

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai,

Deputy Prime Minister & Minister of Finance of UAE,

President of DIFC. “The launch of ‘DIFC Launchpad’ is set to further attract innovative companies and enhance the emirate’s appeal as a city that supports business growth and success. The launch of the platform also serves as an important step towards realizing the objectives of the Dubai Economic Agenda D33, which aims to double the size of Dubai’s economy and consolidate its position as one of the world’s top four financial centers over the next decade. It