UAE: Startupbootcamp Establishes Regional HQ in DIFC

UAE: Startupbootcamp Establishes Regional HQ in DIFC

Published July 28th, 2020 - 10:30 GMT































Startupbootcamp, a global industry-focused startup accelerator, has established its regional headquarters at Dubai International Financial Centre (DIFC), a global financial centre in the Middle East, Africa and South Asia (MEASA) region.

Startupbootcamp is part of Rainmaking, one of the world's leading corporate innovation and venture development firms with 12 offices globally, including major tech hubs such as London, Copenhagen, Dubai, Singapore and New York.

DIFC and Startupbootcamp Dubai facilitate an annual intensive three-month growth programme to support the business growth of start-ups and prepare them for operations and future scaling. Start-ups also benefit from mentorship and easy access to comprehensive resources, insights, technology and world-leading expertise to secure proof-of-concepts to validate their business models.

Over the last three years, FinTech has become a rapidly growing focus, supporting Dubai's position as the leading global financial hub in the MEASA. Today there are over 200 FinTech companies based out of the DIFC, which is over 50% of all FinTech in the GCC.

The first half of 2020 saw DIFC FinTech Hive triple in size with the opening of a larger space in Gate Avenue supporting