Crown Prince of Dubai Launches ‘Dubai Next’ To Encourage Youth Innovation

  • Date: 22-May-2021
  • Source: The Fintech Times
  • Sector:Technology
  • Country:UAE
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Crown Prince of Dubai Launches ‘Dubai Next’ To Encourage Youth Innovation

“His Highness Sheikh Mohammed bin Rashid Al Maktoum , Vice President and Prime Minister of the UAE and Ruler of Dubai has continued to emphasise the role of youth in building the future and the importance of empowering them through providing them with opportunities that enable them to reach their full potential,” comments HH Sheikh Hamdan . “We are committed to realising HH’s vision and introducing solutions and initiatives that will transform their creative energies into achievements that support our development journey.” His Highness’s remarks came as he launched ‘Dubai Next’, an integrated digital platform that allows ambitious youth and innovators from diverse nationalities in Dubai to secure the required funding to launch their projects. “The ‘Dubai Next’ platform will contribute to stimulating positive competition and encouraging youth to put forward innovative ideas as well as obtain community support through crowdfunding. It will also empower a generation that is capable of innovating to succeed in a competitive commercial environment, thus reinforcing the fundamental role of SMEs in economic development so that the UAE can continue to stand as a model for youth empowerment. Crowdfunding is the use of small amounts of capital from individuals to finance a new business venture.