Dubai Internet City Enters Pact with GmbH To Bolster Start-up
Dubai Internet City has formed a strategic alliance with German Entrepreneurship GmbH in order to boost the start-up and entrepreneurship ecosystem in the UAE and beyond. Ammar Al Malik, Executive Vice President - Commercial at TECOM Group, signed the agreement on behalf of Dubai Internet City with Dr. Thomas Mack, Head of Scouting & Advisory at German Entrepreneurship GmbH.
Under the terms of the agreement, Dubai Internet City will support German start-ups with the data, insights, and resources needed to enter the UAE and new regional markets. German start-ups will also be invited to establish a base at Dubai Internet City and access its rich network of industry peers, corporates, potential investors, universities, and public sector specialists, as per zawya.
Commenting on the agreement on behalf of Dubai Internet City, Ammar Al Malik, Executive Vice President – Commercial at TECOM Group, said: “In today’s dynamic global economy, start-ups expanding to new markets need seamless entry points that facilitate smoother transitions and alleviate cultural differences to foster an environment supportive of business growth and innovation.
“Dubai Internet City’s ecosystem provides invaluable opportunities for start-ups, who gain access to mentorship, potential collaborations, and a diverse talent pool through our network, which is aligned with the structural priorities of the Dubai Economic Agenda ‘D33’ vision. As the home of international technology giants, our district nurtures collaboration and peer learnings, and is the ideal launching pad for companies looking to start- or scale-up from Dubai into new regional and global markets.