Dubai Sets up Venture Building Platform ‘DIFC Launchpad’

Dubai Sets up Venture Building Platform ‘DIFC Launchpad’

The Dubai International Financial Centre (DIFC) has launched its venture building programme ‘DIFC Launchpad’ to promote the growth of innovative startups and scale-ups in the region.

The DIFC Launchpad programme 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 US$544 million (AED2 billion) in venture capital.

The programme is supported by multinational experts specialised in new venture creation, corporate innovation and emerging technologies.

They will be working closely with DIFC’s investor bases and corporate partners Mashreq, Mastercard and Commercial Bank of Dubai to create and launch the next generation of global fintech startups in Dubai.

To scale venture building activities across a range of verticals, ‘DIFC Launchpad’ attracted some of the world’s leading venture studios to Dubai including R/GA Ventures, Antler, BIM Ventures, and Futurelabs.

The Career Development Centre at Saïd Business School at the University of Oxford is the Talent Partner of ‘DIFC Launchpad’. This talent bridge between Oxford and Dubai will connect ‘DIFC Launchpad’ members with the world-class talent and expertise that exist within Saïd Business School.

The financial centre had also announced the ‘DIFC Venture Studio Regulations’ which is a legislative framework for