Dubai launches ‘Worker to Entrepreneur’ programme to show workers into startup founders 

The Dubai Built-in Financial Zones Authority (DIEZ) has introduced the launch of the “Worker to Entrepreneur Programme”, an initiative designed to empower workers inside DIEZ and its affiliated financial zones to ascertain and develop their very own startups.

The programme aligns with the nationwide marketing campaign “The Emirates: The Startup Capital of the World”, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

It reinforces DIEZ’s dedication to accelerating Dubai’s financial development and fostering innovation by selling a tradition of entrepreneurship throughout the emirate.

Entrepreneurs in Dubai

Yousuf Behzad, Chief Individuals and Strategic Transformation Officer of DIEZ, mentioned: “The launch of the ‘Worker to Entrepreneur’ programme instantly helps the strategic targets of the nationwide marketing campaign ‘The Emirates: The Startup Capital of the World’.

“It additionally aligns with the Dubai Financial Agenda D33, which goals to place Dubai among the many world’s high three city economies and set up 30 unicorn firms by 2030.

“By means of this programme, we purpose to determine entrepreneurial expertise inside DIEZ’s workforce and rework their concepts into actual, impactful ventures.

“The programme is constructed on the excellent assist and empowerment ecosystem that defines DIEZ and its affiliated financial zones, which has been instrumental in enabling companies of all sizes to develop and develop in international markets.

“It additionally leverages the Authority’s incentives and different strategic initiatives to empower workers to launch progressive companies that may drive sustainable financial development.”

The initiative utilises DIEZ’s world-class infrastructure, tailor-made licensing packages, and enterprise setup providers, alongside strategic programmes akin to:

• Oraseya Capital, DIEZ’s devoted funding arm, offering advisory and startup funding
• SANDBOX, an accelerator for rising expertise firms, providing venture improvement and prototype testing alternatives
• Scality, a platform to assist native, regional, and international tech startups set up and scale within the area
• Dubai Know-how Entrepreneur Campus (Dtec), the most important tech hub and co-working area of its variety within the Center East and North Africa

Collectively, these parts present workers with entry to funding, mentoring, and scalable infrastructure to transform entrepreneurial concepts into profitable ventures.

The programme follows three key phases:

1. Concept improvement: Analysing goal markets and assessing services or products wants
2. Planning and mannequin constructing: Making a marketing strategy, figuring out sources, and operational methods
3. Launch and growth: Connecting contributors with potential traders and scaling alternatives

The primary version of the programme attracted a variety of progressive concepts from sectors akin to expertise, mobility, healthcare, and design. Submissions had been evaluated on financial feasibility, scalability, development potential, and social and financial affect.

By equipping workers with entrepreneurial abilities and entry to DIEZ’s intensive ecosystem, the initiative goals to remodel progressive ideas into companies that may drive Dubai’s knowledge-based economic system.