Dubai Startup Hub Roadshow in India: Startups To Compete For Free Office And Business Setup In Dubai
Innovative startups from India stand the chance to win office space in Dubai with company setup support and a complimentary business license as part of the the first-ever Dubai Startup Hub Roadshow to be hosted in Delhi and Bangalore, the Dubai Chamber of Commerce and Industry announced in a statement on Thursday.
Organised by Dubai Startup Hub, an initiative of Dubai Chamber, and Dubai Technology Entrepreneur Campus (Dtec), a wholly-owned tech-startup hub by Dubai Silicon Oasis Authority, the roadshow will host a pitch competition organised by Dtec, giving innovative Indian technology startups the opportunity to expand their operations into Dubai.
The first-place winner will be granted office space at Dtec with company setup support and a complimentary business license. The runner-up will be awarded a flexi-desk space at Dtec, and UAE company setup support with a complimentary business license.
The roadshow will take place in Delhi and Bangalore on June 24 to 26, 2019, and provide a platform for Indian startups to network with key stakeholders within Dubai’s entrepreneurial ecosystem and learn about the competitive advantages that the emirate offers.
The initiative aims to identify and attract high-potential startups from India that offer cutting-edge solutions that can be adapted in the Dubai market and support the city’s strategic plans to become a global innovation hub and knowledge-based economy.
The three-day roadshow, supported by Startup India and NASSCOM 10000 Startups, will also feature informative presentations from leading UAE public and private players that support startups in Dubai, including Dubai Startup Hub, Dtec, STEP Group and Startup Bootcamp, along with round table and panel discussions, and success stories from Indian startups that have benefited from the Dubai Startup Hub platform and built successful businesses in Dubai.
Omar Khan, Director of International Offices at Dubai Chamber of Commerce and Industry said: “India is not only a market of strategic importance to Dubai and Dubai Chamber, it has also become a key source market for Dubai’s growing startup ecosystem. The country has become a test bed for blockchain, artificial intelligence and smart city solutions, and we have seen many Indian startups enter the Dubai market in recent years that have brought with them innovative
Khan noted that Indian businesses are well represented within Dubai’s business community, and that 30 percent of startups registered with Dubai Startup Hub members are Indian-owned, while more than 38,000 Indian companies are Dubai Chamber members.
Hans Henrik Christensen, Vice President of Dtec, added that the entrepreneur hub’s participation in the Dubai Startup Hub Roadshow is inline with its plan to target the Indian market. Dtec also participated in Dubai Silicon Oasis Authority’s roadshow in April targeting Indian investors and high-tech companies.
“We look forward to welcoming the qualifying startups of the pitch competition to Dubai’s largest entrepreneur hub in the Middle East where they can benefit not only from the complimentary setup, but also from the integrated entrepreneurial ecosystem that offers value-added support such as free mentorship, legal advice, trainings, and workshops, aiding them to succeed and materialize.”
Dubai Chamber launched Dubai Startup Hub in 2016 as an online platform to connect startups, entrepreneurs, developers, venture capitalists and students, enabling them to learn about new opportunities and create new partnerships that stimulate economic growth.