Dubai SME Unveils ‘Ztartup’ Incubator

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Dubai SME Unveils ‘Ztartup’ Incubator Specialized in Digital Health Technologies

The Dubai Business Incubator Network now has 13 incubators supporting growing sectors

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has announced the launch of a new business incubator ‘Ztartup,’ in Dubai Healthcare City.

The new incubator, located in Wafi Residences, is dedicated to healthcare technology, including digital media and Augmented & Virtual Reality used in healthcare; digital emergency and safety technology. The Centre will also help the entrepreneurs developing and improving smart phone applications for the healthcare, and fintech sectors.

The new incubator provides two specialised programmes – one for Business Incubation and the other, for Business Accelerators. The Incubator will evaluate the enterprises and the skill of the entrepreneurs and help them choose the best programme for them to start and launch their businesses. The incubator also offers several other services, including connecting entrepreneurs to a network of specialists and mentors to help develop their products and services as well as varied courses, training, workspaces, business start-up packages required in each phase of the project, and a number of specialized laboratories that help entrepreneurs to design prototypes for their projects

Abdul Baset Al Janahi, CEO of Dubai SME lauded the role of specialised business Incubators in supporting the economy and developing a new system tailored to the needs of the future. He stressed the importance of the private sector supporting entrepreneurs in line with its role as the engines of economic activity, as well as the need to adopt necessary policies to maintain enterprise growth and economic development.

Shafi added that Ztartup will help entrepreneurs in adapting to the new situation and reshaping their strategies as the economic impact of Covid-19 is being felt globally. Considering that digital technology has flourished and digital transformation has accelerated during this pandemic crisis Startup will also promote innovative products and services that foresee the digital future.

Ztartup brings the number of business incubators certified by Dubai SME to 13. Dubai SME has also established a Business Incubator Network (DBIN) of accredited business incubators and accelerators, which will act as a reference and catalyst for business incubation programmes in the country. The certified incubators offer a package of services, events and work spaces that support entrepreneurs in launching innovative projects and competing in the local as well as global markets. The accreditation programme is also aimed to motivate and support the private sector to invest in business incubators and accelerators.