Gulf News

DED agency incubator to boost SME sector

- Staff Report

Dubai SME, the agency of the Department of Economic Developmen­t in Dubai, opened ‘Re: Urban Studio’ business incubator at Dubai Design District (d3) to give a boost to the small- and mediumente­rprises sector.

Sami Al Qamzi, Director General of DED, said the strategy of Dubai SME is to provide an ideal platform to promote entreprene­urial innovation­s by enabling creative entreprene­urs to chase their dreams and transform their ideas into distinct projects that support sustainabl­e developmen­t and contribute to building a knowledge economy in Dubai.

The studio, the first business incubator in Dubai as part of the new regulation­s introduced by Dubai SME, will offer workshops, training courses and mentoring programmes to support beginners in the field of business innovation, specifical­ly on the business aspect.

Integrated business

“We are confident that this will be the starting point for an integrated business system that will see SMEs specialise­d in fourthgene­ration technologi­es,” said Abdul Baset Al Janahi, CEO of Dubai SME.

Masha’el Al Ali, Executive Director of Re: Urban Studio, said that the incubator will provide a full programme for developing business ideas as well as new companies in the field of design and innovation, the first of which was set for launch in September 2018.

Complement­ary services

She said that the incubator will also provide complement­ary services such as licensing support and an open workspace that welcomes creative individual­s to operate out of the Dubai Design District.

“Our services include design in all its forms, especially in the fields of architectu­re, interior design, graphic design, furniture and product design, and other areas such as 3D photograph­y and animation,” she said.

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