Start-ups, an innovative opportunity for investors in U.A.E MUSTHAFA ZAFEER O.V. Founder & Mg. Director.

Start-ups, an innovative opportunity for investors in U.A.E

MUSTHAFA ZAFEER O.V.Founder & Mg. Director

AN EVENTFUL WEEK IN U.A.E

“Innovation is our only way to build a great history of the U.A.E. The future will be for those who adopt innovation.” H.H. Sheikh Mohammed Bin Rashid Al Maktoum

National Innovation Strategy-Unique way of looking at futureMore than 800 events being organised across the country

in an attempt to transform the UAE into a knowledge hub of ideas and creative thinking.

The UAE national innovation Strategy aims to establish a national culture encouraging innovation and entrepreneurship through partnership between the public, private and media sectors.

The UAE has been ranked No.1 for developing business clusters.

The UAE is 47 on the global innovation index as published by Cornell University , INSEAD and the WIPO.

UAE Innovation Week The UAE’s national innovation strategies focuses seven sectors:

Renewable enery,Transport,Education,Health, Technology, Water and Space

The creation of a stimulating environment by enacting laws and creating supportive institutions including innovation incubators.

Government innovation using an integrated system of modern tools. All government entities are required to reduce spending by 1 percent and dedicate the savings to research and innovation projects.

The private sector will be supported to establish R&D centres , adopt new technologies and develop new products and services. The UAE will seek to attract pioneering international firms in key innovation sectors, set up innovation communities and zones, and support applied research in various fields.

A focus on empowering individual with highly innovative skills through concentration in science , technology, engineering and mathematics and creating material for educational institutions.

WHY START-UP IN THE U.A.E?Integrated collaboration between government

entities

Economic and political stability

Ability to attract the right skill and talent

Educational infrastructure

Easy access to MENA and the Indian Sub-continent

Working multi-cultural communities with minimal friction

Focused on building an eco-system for start-ups

Total Entrepreneurial Activity vs. GDP per Capita

Ideal Entrepreneurship ecosystem

Eco-system in the MENA REGION

LEGAL ENVIRONMENT IN THE U.A.E

Dubai the only place in the world with both common and civil law judicial systems, working simultaneously.

Corporate Governance

Legal structures available in the U.A.E

Legal challenges faced by P.E & VC funds comparing to other jurisdictions

International funders of MENA startups

Musthafa & Almana Innovative Initiatives

Contact Us Musthafa & Almana Startup Support

Office No.602,

The Maze Tower, Opp. DIFC,

Sheikh Zayed Road,

P.B. No. 122704, Dubai, UAE.

Tel. +971 (0)4 38 69 993

Fax. +971 (0)4 38 69 994

Website : www.musthafa-almana.com

Email : [email protected]

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THANK YOU

Innovative Initiatives