Dubai Startup Hub’s Startup Panorama Edition 8.0: Funding Your Startup In Dubai
Ambition to create, a maturing ecosystem and a growing interest from investors, especially following the landmark exit of homegrown ride-hailing app Careem that was acquired by global giant Uber for $3.1 billion – the biggest ever tech deal for the Middle East – likely has every founder in Dubai dreaming big.
But convincing an investor to write you a cheque for capital to launch or scale up your startup takes incredible tenacity. In this edition of Dubai Startup Hub’s Panorama, Dubai-headquartered startups LoadMe and Transcorp International share lessons from their fundraising experience, along with valuable tips from UAE-based investment platform Venture Souq and equity crowdfunding platform Eureeca, to help entrepreneurs navigate their fundraising journey.
Meanwhile, our infographic rounds-up some of the products and services startup-friendly banks across the Emirates have been introducing to empower entrepreneurs, Small and Medium Enterprises (SMEs) and new start-ups, which represent more than 94 percent of the total number of companies operating in the UAE and employ over 86 percent of the private sector workforce.
A key contributor to the national economy, support for the ecosystem remains central to driving the nation’s global competitiveness, increasing non-oil GDP and advancing economic diversification.
To download a copy of this report, click here.