Re­gional Ac­cel­er­a­tor Part­ner­ships

Arabnet - The Quarterly - - Industry Stories -

Badir and Oa­sis 500 have launched an en­trepreneur­ship pro­gram which in­cludes train­ing boot camps and in­vest­ments for Saudi en­trepreneurs. More­over, Dubai SME, known as the agency of the Depart­ment for Eco­nomic Devel­op­ment that de­vel­ops the small and medium en­ter­prise (SME) sec­tor in Dubai, has signed a mem­o­ran­dum of un­der­stand­ing (MOU) with Oa­sis500 to seek out and nur­ture SMES most likely to im­prove and as­cend Dubai’s pro­file in ex­pec­ta­tion of the Expo 2020. The MOU will en­tail Dubai SME and Oa­sis500 to merge their re­sources to in­vest in 500 com­pa­nies by 2018 with ex­tra cap­i­tal, ad­vice and in­cu­ba­tion un­til Expo 2020.

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