Dubai Next emerges as catalyst for startup ideas

Dubai Next emerges as catalyst for startup ideas

Dubai Next had 2,044 applicants in its first year, and 17 successful campaigns.

Abdul Baset Al Janahi, CEO of Dubai SME.

Published: Wed 5 Oct 2022, 6:06 PM Last updated: Wed 5 Oct 2022, 6:07 PM

Dubai Next, the first digital government crowdfunding platform for startups, is supporting innovative ideas and projects by providing them with valuable opportunities to raise the funding required to grow into sustainable businesses across multiple sectors in the emirate.

The digital platform is set to evolve into an effective tool for implementing the directive of the leadership to enhance the entrepreneurial ecosystem in Dubai, and achieve the vision of making the emirate the best city to live, work and invest.

Dubai Next was launched in May 2021 by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, and has since been managed by the Mohammed Bin Rashid Establishment for Small and Medium Enterprise Development (Dubai SME), an agency of Dubai’s Department of Economy and Tourism (DET). The platform serves as the window to entrepreneurial creativity and an accelerator for innovative enterprise.

According to Abdullah Abbasi, founder of Brinzo, Dubai Next has helped him achieve many of his goals, played