Sheikh Mohammed launches new platforms to support startups and investors in the UAE

  • Date: 29-Jun-2021
  • Source: Gulf Business
  • Sector:Economy
  • Country:UAE
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Sheikh Mohammed launches new platforms to support startups and investors in the UAE

The UAE has launched new initiatives to support startups and investors in the country, which were announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai during a visit to the Ministry of Economy on Monday. "Today, we launched a number of economic initiatives - an accelerator for family-owned businesses that supports them in accessing new markets; an economic research institute established in collaboration with leading universities (UAE Growth Lab); and a global investment conference (Investopia) to be held in March 2022 that will discuss strategies to leverage the opportunities created by the new economy,“ said Sheikh Mohammed. "We have also launched an entrepreneurial academy (Skill-Up Academy) and a new platform to support the growth of startups (Scale-Up Platform), in addition to a web portal (Grow in UAE) to provide comprehensive information about policies and investment opportunities in the UAE. Furthermore, we have launched a new national agenda to attract talent to the UAE,“ he added. The new accelerator for family-owned business will supports startups by enhancing their ability to attract investment opportunities, fast-track their growth, and build their capabilities and skills. The UAE Growth Lab has been established in