Crowdfunding platform Dubai Next succeeds to turn startup ideas into reality

dubai, platform, crowdfunding, campaigns, startup,
UAE
  • Date: 13-Oct-2021
  • Source: GCC Business…
  • Sector: Technology
  • Country: UAE
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Crowdfunding platform Dubai Next succeeds to turn startup ideas into reality

Dubai Next, the region’s first digital crowdfunding platform launched earlier this year has fast evolved into a catalyst for innovative enterprise in new and emerging sectors as well as a meeting point for innovators and the wider community to share the benefits of startup financing. The digital platform, launched in May 2021 by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council recently recorded another success story, its third within three months of launch when Takween, an Arabic learning program, concluded a campaign to raise the required capital through crowdfunding successfully. Takween follows Padel 26 and Vemudra, two campaigns that had a successful run on Dubai Next earlier. Dubai Next is a forward-thinking initiative aimed at delivering the benefits of startup funding and digital technology to innovators, entrepreneurs, investors, and society. It lets entrepreneurs start online campaigns and seek funds from contributors to transform their ideas into reality. The non-profit platform operated by Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, is open to all nationalities and age groups in the UAE. In recent months, Dubai Next has experienced an increase…

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