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Abu Dhabi Entrepreneurship Initiative (SME Hub) launches to support entrepreneurs and start-ups

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Abu Dhabi Academy of Global Markets (ADGMA), Academic and Knowledge Sector Abu Dhabi Global Market Abu Dhabi Global Market (ADGM), the international financial center in the UAE capital, has announced the launch of the Abu Dhabi Startup Programme. This is in line with its commitment and continued contribution to the national vision of transitioning to a knowledge-based economy.

ADGMA The launch of this initiative was marked by the signing of agreements with various partners.This Khalifa Enterprise Development Fund (Federal Reserve Bank of Korea), avon college, Start AD and Human Resources authority (HRA) are working with ADGMA.The new initiative under the banner “SME Hub” aims to create Entrepreneurs and Startups in a supportive ecosystem.

SME Hub’s mission is to create a strong and sustainable entrepreneurial ecosystem for domestic and expatriate entrepreneurs. It will provide an interactive platform that integrates them into an innovation-driven, growing and thriving community.

SME Center
Hamad Sayah Al Mazrouei, Chief Operating Officer, ADGM and Managing Director, ADGM Academy
Hamad Sayah Al Mazrouei, Chief Operating Officer, ADGM and Managing Director, ADGM Academy

Through this initiative, participants will have access to tailored training and startup accelerator programs that support technology ecosystem in Abu Dhabi. The initiative also offers a range of thought leadership events, workshops and webinars. In addition, it offers networking and mentoring activities that reflect the uniqueness of this partnership. These make ADGMA a major contributor to building Abu Dhabi’s knowledge economy.

Bringing together talents

Comment on this initiative, Hamad Saya MazroueiADGM COO and ADGM Academy Managing Director said:

“Working with our key partners is exciting. We look forward to promoting, developing and enhancing financial literacy in the UAE capital and across the country. We are confident that this collaboration will add more value to the ADGM Academy in its ongoing efforts to enhance and cultivate A highly qualified workforce that actively contributes to the development of the UAE’s knowledge-based economy.”

Alia Al Mazrouei, Chief Executive Officer, Khalifa Fund
Alia Al Mazrouei, Chief Executive Officer, Khalifa Fund

he Alia MazroueiCEO, Khalifa Fund said:

“I am very pleased to sign this manifesto for the ‘Abu Dhabi Entrepreneur Program’. Especially together with our partners ADGM Academy, AVNON Academy, Center of Excellence in Applied Research and Training, Human Resources Authority and StartAD. Khalifa Fund is constantly looking for new and innovative ways in which we can collaborate with industry leaders and other business development experts. I look forward to combining our talents, insights and expertise to create a cohesive working group that contributes to further strengthening the UAE’s Contribute to the entrepreneurial ecosystem.”

Tomer Avnon, Founder and President, Avnon Group
Tomer Avnon, Founder and President, Avnon Group

tom avonFounder and President of Avon Group, said:

“Avnon Academy aims to democratize education about cyber security and artificial intelligence At the same time deepen the understanding of related industries. Therefore, the partnership with Avnon College will enable Abu Dhabi to position itself as a leading center for innovative research by providing world-class financial education and literacy. “

Growing Creativity in the UAE

Ramesh JagannathanManaging Director of startAD, the accelerator hosted by Tan Kim and anchored at New York University Abu DhabiSay:

Ramesh Jagannathan, Managing Director, startAD
Ramesh Jagannathan, Managing Director, startAD

“The UAE is a fertile ground for companies large and small to develop and market new ideas. We are therefore delighted to have the opportunity to serve a vast and diverse market from Abu Dhabi as our base.

“The Middle East and North Africa region has the largest youth population in the world. There are 200 million youth who are ideal participants in the wave of technological change. However, the real reward is the global consumer class, which experts predict will reach 5.2 billion by 2030. More than Three billion people will be in India, China and Africa.

“Given that the MENA region is part of the ‘ICA corridor’, there is an opportunity to ride the wave of the growing global tech ecosystem in India and China. This is achievable by dominating the global startup economic landscape. A key part of this vast market But it’s very diverse. It has its own product requirements, regulatory framework, and cultural conventions.

“Additionally, as a nation-building accelerator, startAD is proud to facilitate meaningful connections between forward-thinking stakeholders. ADGM Academy is a model for those looking to build a future-ready, technology-driven economy. This partnership will create a virtuous Circulation: Startups can develop their products faster and businesses will have access to regionally relevant ideas and talent.

“Followed by favorable regulations and ease of doing business, and supported by businesses looking to innovate and transform their industries, this is a historic opportunity to serve frontier markets the size of Europe and North America.

  • Francis Bignell

    Francis is a journalist and our chief correspondent in Latin America, with a BA in Classical Civilization, and a keen interest in North and South America.

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