Expo 2020 to offer start-up mentoring
District 2020, which oversees the Expo Dubai development and its future operations, will launch a support programme for start-ups through a partnership with Dubai SME and the Mohammad Bin Rashid Innovation Fund.
These will be directed through District 2020’s entrepreneur programme, Scale2Dubai.
Dubai SME and MBRIF will provide a “pipeline” of start-ups by helping eligible companies sign up to Scale2Dubai. They will also provide guidance, connections and funding.
Scale2Dubai is currently accepting expressions of interest in the programme through the District 2020 website.
Successful candidates can access two years’ free work space, support on visa and business set-up, two years’ subsidised living, and access to funding.
The application and shortlisting process will follow in 2021, with successful applicants announced during Expo 2020 Dubai. Those chosen to be part of the programme will be able to move into their workspaces at District 2020 once it opens, shortly after Expo 2020 ends.
“Through the combined efforts, Scale2Dubai and our wider District 2020 ecosystem support a crucial sector of the UAE economy and complement other accelerators and incubators around the country,” said Marjan Faraidooni, Chief Pavilions and Exhibitions Officer, Expo 2020 Dubai
An extended run
Expo 2020 will run from October 1, 2021 to March 31, 2022, and District 2020 will evolve over a nine-month transition period after the event ends. During this period, more than 80 per cent of Expo’s built environment will be repurposed.
It will carry forward Expo 2020’s mission of stimulating business opportunities and continue to support start-ups and SMEs integral to the UAE economy.
The partnerships will enable start-ups and small businesses to be part of the Scale2Dubai programme.