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UAE: US business school students express interest in setting up business in UAE – News

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They asked about support for new entrepreneurs during their visit to the Sharjah Startup Incubation Center



published: Friday, January 6, 2023 at 6:27 pm

Last updated: Friday, January 6, 2023 at 9:26 pm

University students from Ivy League schools express interest in starting a business in the UAE and find out what kind of support there is for start-ups.

Previously, 25 marketing students from Iowa State University’s Ivy League School of Business were recently impressed by the innovation-driven ecosystem at the Sharjah Research, Technology and Innovation Park (SRTIP), considered the most dynamic start-up in the region. One of the business incubation centers.

Accompanied by faculty from the Academy, the students are visiting the UAE to see how the global innovation hub develops, enhances and markets itself.

The group showed a strong interest in the UAE and asked questions about setting up a business, the overall business environment and the support available for start-ups and businesses new to the region.

They appreciated the innovation on display and the level of support provided to connect start-ups with the right people to grow their business and network.

Hussain Al Mahmoudi, CEO of SRTIP, said: “SRTIP has always encouraged students from all over the world to witness first-hand the amazing innovations being created in this dynamic incubation centre.”

“This visit and the resulting feedback from students at the prestigious Ivy League business school is yet another endorsement of SRTIP’s business model and thriving ecosystem that fosters the creativity of innovative minds. In addition, our partnership with the American University of Sharjah The close collaboration attracted many universities to study our model,” Mahmoudi added.

SRTIP focuses on stimulating new innovations by promoting R&D activities through the “triple helix collaboration” of industry, government, and academia.

The American University of Sharjah, with 47,000 students, is a key partner in this mission.

Some of the latest ideas for making human life better are taking center stage at SRTIP. Levitating skypods for smart transportation are developing rapidly, 3-D and additive manufacturing are gaining traction, and Dutch startup Lightyear’s world’s first electric vehicle will soon be field tested.

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