In the race of making the emirate the capital business region, Dubai SME’s business incubators license offers 100% ownership to all and anyone who is interested in their license ownership can get and apply for their license by applying on their websites.
And when a new innovative businessman and students give their opinion and tell them about their unique ideas they get full ownership from them and their ideas are then more investigated by authorities to find out that their ideas are useful or not.
The UAE principle give permission to 49% ownership to companies and as free zone, they give 100% ownership to a country, this point an announcement was a part of new terms and regulations of “Incubators and Business Accelerators” for new or innovative entrepreneurs,
The new regulations also provide a legal form for the incubator for the new businessmen and students if they have a unique idea; it was said by Abdul Baset Al Janahi, CEO, and Dubai SME.
Many initiatives have been taking part locally and to support entrepreneurship and beginners in the UAE, especially in DUBAI.
Incubator by Mohammad bin Rashid like Dubai Startup Hub by Dubai Chamber and Hamdan Innovator these establishment to empower the Emirates for the capital of business regions.
About 40% in 2017 to 47 % in2021 Dubai aims to bolster the SME’s contributions GDP.
DEVELOPMENTS
About 17 accelerator programmers, 12 incubators, and 7 co-working spaces are in UAE, says MAGNiTT, a platform that shows tracks to developments to entrepreneurship space
Continue Reading: Dubai SME’s Entrepreneur’s Incubator License Offers 100% Ownership
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