[ad_1]
Posted: Tuesday, October 25, 2022, 5:18 PM
Earlier this year, Abu Dhabi-based business enterprise services platform Setup announced the launch of its first commercialization program to accelerate SME business growth. Supported by the Abu Dhabi Department of Economic Development (ADDED), the commercialisation programme is attracting start-ups and SMEs to accelerate their growth plans and assist them with specific business challenges.
The programme is focused on accelerating 30 projects that actively contribute to enriching and protecting technology, artificial intelligence, sustainability, e-commerce and other strategic spaces that are vital to the socio-economic development of the UAE.
‘Through commercialization projects, we hope to create a community of innovators that deliver real-world value and sustainable impact. SME expert Qussay Abdul Wahab said: “Abu Dhabi Setup’s collaborative model allows us to help MSMEs and start-ups drive innovation in products, services, processes, technologies and business models to facilitate their growth and boost the UAE’s start-up ecosystem .”, Abu Dhabi, DED.
With a professional partner in Abu Dhabi, Vestigos and SMES Project Management are screening applications and supporting shortlisted start-ups on their journey. Their diverse backgrounds and expertise provide extensive support in shaping concepts, assisting with commercialization and driving investment readiness.
Commenting on the launch, Vestigos Managing Partner Nick Gemenetzidis said: “The UAE’s start-up community is rich in talent and we at Vestigos are committed to playing an active role in accelerating this growth by championing concepts that solve real problems. – World Issues and improving the consumer journey. With so many industry leaders associated with the Abu Dhabi setting, the platform will open many doors for participating companies, whether in technological advancements, e-commerce solutions, logistics, payment gateways or funding, we Both look forward to working closely with the UAE’s most innovative start-ups.”
From attracting original ideas in emerging technologies and fields to incubating them into commercially viable projects and guiding them through early-stage challenges, commercialization projects provide a full range of support, including feasibility studies, legal and development advice, training and employment, Co-working spaces, and connections to investors, service providers and partners until the project reaches maturity to sustain growth.
Creative Zone, the UAE’s premier business setup consultancy, has spearheaded the project and has been at the forefront, bringing together Abu Dhabi Setup’s 25+ partners under one umbrella and collaborating to make Abu Dhabi’s startup journey even more easy.
CEO Lorenzo Jooris said: “Creative Zone is proud to be a part of this project, through our collaboration with this project, we aim to foster the entrepreneurial community and provide new opportunities for creators and innovators. Our team is delighted Expand our support, especially to SMEs in the region.
To apply for the Commercialization Program, please visit
[ad_2]
Source link
