105% growth in the number of participants in the Business Partnerships...

105% growth in the number of participants in the Business Partnerships...
105% growth in the number of participants in the Business Partnerships...

The “Business Partnerships Network” program of the “ Emerging Enterprises” initiative – one of the innovative initiatives of the Dubai Chamber of Commerce and Industry to support entrepreneurship – has achieved a record number of participants from emerging entrepreneurs around the world by registering 148 applications for participation from 21 countries during the current session of the third quarter of This year, with a growth rate of 105% compared to the previous sessions, which reflects the success of the program in providing an ideal launching pad for startups in the business world.

The current session, which was recently concluded, witnessed the participation of 14 startups in the last phase of the program, as they reviewed their projects in front of the main leading companies in Dubai joining the program, and 6 plans for partnerships and agreements were announced between these companies and emerging projects participating in the program that provided innovative solutions to the challenges. Faced by these major companies.

The percentage of participation in this session of the Business Partnerships Network program from outside the UAE was 75%, which reflects the attractiveness of the emirate to emerging companies, and its reputation as a global capital for establishing and launching emerging projects, as Egypt ranked the highest percentage of participants, amounting to 33% of the total participations, followed by the UAE with a percentage 25%, and then India at 19%.

Four leading companies in the emirate of Dubai participated in the current round of the “Business Partnerships Network 2020” program, namely Sumitomo Corporation Middle East, Emirates Post Group, Emirates NBD, in addition to Accenture.

During the online event, the main companies evaluated the 14 startups that qualified for the program, as those who qualified for the program presented their innovative solutions to address the challenges faced by the four main companies.

Sumitomo Corporation Middle East has agreed to cooperate with “Healthigo”, a specialist in the field of health technology.

The Emirates Post Group has chosen the logistic services provider, CamCom, and Accenture has agreed with 3 start-ups, namely, NEARMOTION, Intuitio, a provider of digital mapping and tracking solutions, and Gokaddal, the developer of software solutions. Innovative devices to enhance the health and safety of travelers, in addition, Emirates NBD has chosen to collaborate with the “Verismart” project, a blockchain platform that aims to automate data access control between organizations.

Natalia Cecheva, Director of Entrepreneurship at the Dubai Chamber, confirmed that the current cycle of the “Business Partnerships Network 2020” program coincided with the increase in the activity of entrepreneurs in Dubai, as the Corona pandemic prompted more companies to place digital transformation as a priority in their operations, an area that The startups excel in it, adding that the quality of the startups that applied to participate in this session was very remarkable, stressing that this reflects Dubai’s position as an ideal destination for innovative startups around the world.

The “Business Partnerships Network” program aims to connect different companies and institutions in the emirate with the owners of emerging enterprises and small and medium enterprises, with the aim of creating profitable partnerships that achieve common goals.

The “Business Partnerships Network” program is an innovative program to support entrepreneurship and startups, by allowing them to work with prestigious partners, which gives them several advantages, including gaining the experience and skills necessary to work on developing special projects for these companies.

The “Dubai Emerging Projects”, launched by the Chamber in 2016, is the first of its kind in the Middle East and Africa region, which operates under the umbrella of Dubai Smart City, and embodies the value of the partnership between the public and private sectors, with the aim of encouraging innovation and entrepreneurship, as it is considered a major source of information. And support for entrepreneurs in Dubai, and visitors can learn about new job opportunities, as well as participate in the most important technology-focused events, courses, meetings and other important information.

Dubai Startups supports the Dubai Chamber’s strategy to support entrepreneurs and encourage innovation.

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