New Business Incubator by Dubai SME
Lavin Nalinababu, Business Consultancy
Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Dubai SME has recently introduced a new business incubator named Bedayat, to promote entrepreneurship and innovation in the emirate. The initiative which has been launched in collaboration with the Sustainable City in Dubai will provide novel solutions to entrepreneurs and startups, helping them thrive in the area.
The initiative intends to provide support and guidance to SMEs, encourage investment in latest technologies in Dubai, and create an ideal atmosphere for entrepreneurial startups. There are numerous other SME-approved facilities in Dubai and the current one, Bedayat, marks the seventh such initiative. Diverse variety of services, packages, and events are included in the scheme. This will enable entrepreneurs to compete in the local market and come up with innovative projects.
The other incubators launched by the country has been successful so far; they have supported 50 incubated projects along with organizing numerous events that include training workshops and specialized programmes. Bedayat is another example that reflects on the efforts taken by the nation to promote entrepreneurship and innovation and this will contribute further to the accomplishments of the other existing incubators. It will help SMEs to develop innovations in the sustainable technology arena and convert them into commercial opportunities. Novel ideas in the fields of food technology, energy, water, building materials, transportation and waste treatment is another positive outcome expected out of the initiative.
With the help of Badayat, entrepreneurs can meet business experts from diverse fields and engage in various training sessions. Success of projects are ensured by providing the opportunity to conduct research and experiments before applying them on-ground.
The initiative aims towards a “smart ecosystem for creative entrepreneurs who believe in making cities more suitable and sustainable to live in”.
Understanding Financial Feasibility in Project Management
A feasibility study is conducted to evaluate the practicality of a project or system by identifying its strengths, weaknesses, opportunities, and threats in the natural environment.
MoF Issues New Ministerial Decision to Streamline Tax Residency Certificates
The enforcement of certain provisions of Cabinet Decision No. 85 of 2022 on the determination of tax residency has been announced in Ministerial Decision No. 27 of 2023 by the Ministry of Finance (MoF).
Get in touch
Whatever your question our team will point you in the right directionStart the conversation