Dubai SME adds BITS Pilani Campus to its network of incubators

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development has announced that BITS Pilani Dubai Campus has joined the list of accredited business incubators in free zones.

In a statement, the foundation stated that the students joining the business incubator provides an opportunity to transform their ideas and inventions into successful companies in various economic sectors and enhance their abilities in creative and innovative thinking at an early age.

Students registered in the business incubator will be able to benefit from the Dubai Next platform, which is the first integrated digital platform for young people and people with creative and ambitious ideas of different nationalities in Dubai, with the aim of presenting their ideas to attract the necessary capital to start implementing them from Dubai based on the concept of crowdfunding.

Abdul Baset Al Janahi, executive director of the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development, said: "The foundation assumed the responsibility of leading innovation and entrepreneurship in the Emirate of Dubai. It developed well-studied strategies to support the entrepreneurship journey over the years and worked to promote creative thinking methods to come up with innovative products that solve real problems. or ideas for entrepreneurial projects."

It is noteworthy that the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development is supervising the Dubai Network of Business Incubators, so that the corporation oversees the implementation of projects, initiatives and ideas that are launched within the framework of the network, in addition to developing policies and operational plans and studying proposals and opportunities for the network to support entrepreneurs business in the emirate.

business@khaleejtimes.com