Particle.news

Download on the App Store

Sheikh Mohammed Launches UAE Drive to Become the Startup Capital of the World

The campaign sets 2030 targets for training, job creation, SME growth through a unified national platform.

Overview

  • The StartupEmirates.ae platform, launched with the New Economy Academy, offers free mentorship, co‑working, networking and cross‑border partnerships to reach 10,000 entrepreneurs and create 30,000 jobs by 2030.
  • Oversight sits with the Ministry of Economy and Tourism in coordination with the UAE Government Media Office and the UAE Entrepreneurship Council, bringing together more than 50 incubators and accelerators.
  • Program tracks include licensing 500 Emirati tax agents, qualifying 500 residential project management experts, training 50 content creators, and incubating 250 Emirati‑owned real estate agencies.
  • Procurement reforms will let startups compete for federal tenders with simplified procedures plus training to boost competitiveness.
  • Officials tied the push to diversification, noting SMEs contribute over 63% of non‑oil GDP and outlining a goal to reach two million registered companies by 2031 with priority sectors such as food processing, tourism, fintech, space economy and data analytics.