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The DIFC Innovation Hub is a key component of the new Dubai Future District, which is located on Gate Avenue and contributes to the UAE Innovation Strategy and Dubai Plan 2021. It is home to the region’s largest innovation ecosystem, which helps early-stage start-ups, growth-stage start-ups, unicorns, and large tech corporations succeed.
The DIFC Innovation Hub is an important part of the new Dubai Future District, which is located on Gate Avenue and supports the UAE Innovation Strategy and Dubai Plan 2021. It is home to the region’s largest innovation ecosystem, which supports the success of early-stage start-ups, growth-stage start-ups, unicorns, and huge IT enterprises.
The DIFC FinTech Hive accelerator programme includes an intensive, competitive application process. It provides a springboard for seed and pre-seed start-ups to expand in the MEASA region. Successful start-ups will unlock opportunities to develop, test, and modify their innovations in collaboration with top executives and world-leading financial institutions from DIFC’s comprehensive and innovative ecosystem.
Through the DIFC Academy, the region’s most successful executive learning environment, the DIFC Innovation Hub gives access to best-in-class learning for undergrads, postgrads, and executives. The DIFC Academy’s four schools offer executive and academic programs, as well as business education, a law school, and opportunities to learn new skills.
The DIFC Innovation License acts as a springboard for relevant and cutting-edge technologies in the tech start-up and entrepreneurship sectors, allowing you to take advantage of technological advancements across the MEASA area. The 240+ technology enterprises in the region’s largest financial free zone will welcome license holders. The Innovation License includes discounted commercial license choices as well as discounted DIFC co-working space.
His Highness Sheikh Mohammed bin Rashid Al Maktoum launched the DIFC Innovation Hub in January 2020 as a signature initiative for the Dubai Future District.
The region’s first and largest environment is dedicated to bringing together the startup community that is influencing the UAE’s “future of finance” and “future economies.”
Over 250 growth stage start-ups, established innovation companies, unicorns, big-tech organizations, Innovation Labs, VC firms, regulators, and educational entities from the future of finance and future economy sectors participated in the event.
Building on its established industry reputation for delivering the region’s most enabling business climate, proven world-class rules and regulations, and recruiting the greatest financial talent, DIFC will set new benchmarks for financial innovation in the region.
This occurs at a time when, as a result of the COVID-19 pandemic, the most successful companies are accelerating their innovation agendas.
Individuals, firms, regulators, and the DIFC Authority may all contribute to the industry’s future by employing a model that will be held up as worldwide best practice. Over 250 companies can collaborate to create and implement innovative solutions and business models that will reshape the future of finance while ensuring long-term economic prosperity. At every step of their business lifecycle, the environment allows enterprises to securely create new ideas and prosper.
Through the DIFC Academy, the region’s most successful executive learning environment, the DIFC Innovation Hub gives access to best-in-class learning for undergrads, postgrads, and executives. The four schools that make up the DIFC Academy, including the new School of the Future, will be able to graduate up to 25,000 students per year. They will provide the finance industry with new skills and information on a global, regional, and local level.
There are a lot of different free zones in the UAE. Making a choice can be overwhelming. If you have a few questions in mind, we will be glad to assist you in determining which free zone is right for you. Get your complementary consultation on the Free Zone today.
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