The entrepreneurial culture and the competitive commercial ecosystem in Dubai act as a magnet for ambitious industrialists and enterprises all over the world. The government and other superior authorities of Dubai focus on introducing programs and initiatives that firmly place the Emirate as an international hub for innovation. One such initiative is the business startup accelerators in Dubai that enable start-ups and small businesses to scale up and gain access to new markets. With so many development programs in the UAE, it may be a wonder what purpose these business accelerators hold. Shuraa experts can explain the concept of these incubators and help you determine the one suited for your business.

1. Business Startup
Incubators
in Dubai

2. The startup system in Dubai is not only
strong but also has an overwhelming
number of incubators and accelerators
supporting it. The emirate has several
initiatives in place to boost business for
those looking to launch their startup in
Dubai.
To help entrepreneurs identify the most
appropriate program for their business, we
have put together a guide to the top
incubator programs present in Dubai. Here
you can go through a detailed overview of
the different business incubators available
to startups as well as their benefits.

3. What is a business/startup incubator in Dubai?
Business incubators or startup incubators are special organisations that act as a
springboard for early-stage enterprises. They provide all the necessary specialised
assistance that early entrepreneurs or single proprietors would need to grow their
commercial operations.
Even though incubators are designed to fulfil specific business needs, most offer some
common resources and services. These include access to well-equipped office space,
business education training, mentorship programs, as well as access to community
networking events. As new businesses can have a vast difference in their requirements,
all startup incubators follow a variety of processes. They also offer a combination of
services like, corporate and legal advice, seed funding, investor meetups etc.
The presence of these resources allows startups to focus on building their business
base and ironing out the details all while operating at a significantly lower cost during
the early stages of their business incubation. Most business incubators in Dubai are
formed and operated directly by the government. Or they are run by collaborative
programs with special organisations and renowned entrepreneurs.

4. Area 2071
1
In5
2
Faster Capital
4
Goodforce Labs
3
DTEC (Dubai Technology Entrepreneur Centre)
5
List of top business incubators in Dubai

5. Area 2071
Area 2071 is among Dubai’s top incubators, and it operates under the
Dubai Future Foundation. This corporate ecosystem specialises in
nurturing global talent to grow their business in the UAE. The incubator
offers its members access to a brilliant network of investors, strategic
partners, and entrepreneurs while also offering subsidised licensing fees.
Startups and entrepreneurs can pay AED 1,000 annually for a commercial
license. They can also conduct three business activities in the same
category.
Area 2071 allows registered business owners to run their startups with a
three-year license, in collaboration with Dubai Development Authority.
Additionally, startups need to receive an initial approval from the Dubai
Future Foundation Program to register in Area 2071.

6. In5
In5 is an incubator that supports start-ups through establishing
business, providing mentorship, and organising networking events.
They also offer investment opportunities and access to labs,
studios, and creative workspaces. This business incubator in uae
was launched by TECOM and focuses on tech, design and media.
In5 is named after its five-stage approach to key investment as
well as stage processes (submission of strategy, validation,
presentation, incubation and traction).

7. Goodforce Labs
The Goodforce Labs is in the Dubai Airport Free zone (DAFZA)
where they focus on being solution providers to support the
sustainable development of essential sectors such as food and
agriculture, education, finance, lifestyle, etc. Not only do they give
direct access to highly experienced mentors and raise awareness
of the most concerning social issues in the world, they also
encourage their entrepreneurs to come up with initiatives to bring
about forward change in the global ecosystem.

8. Faster Capital
Based in Dubai, Faster Capital is both a business incubator as well
as an accelerator. Their incubation program, Idea to Product helps
founders to build their MVP (Minimum Viable Product) and
generate revenue. Their accelerator program, Grow Your Startup,
assists new businesses in investing in marketing, business
development, product design, and sales boosting. What makes
Faster Capital unique is that they cover up to 50% of expenses in
either developing the MVP or in expanding the business.

9. DTEC (Dubai Technology Entrepreneur
Centre)
The first ever incubator in Dubai, DTEC falls under the purview of
the Dubai Silicon Oasis Authority. Their comprehensive
incubator program helps startups transform their early-stage
businesses to successful ventures. They offer access to
coworking spaces, mentorship and opportunities to pitch your
business to potential investors.

10. Dubai:
Promising new beginnings.

11. With the wealth of numerous incubator and accelerator programs
emerging in Dubai, startups have multiple options to choose from. It is
essential that founders and entrepreneurs do their research and
ultimately, choose one that best suits their business. Even though the
startup accelerator in Dubai have a deep well of resources to offer, there
is no one-size-fits-all solution to it. Choose your incubator program
solely on your own unique benefits and requirements.
Dubai is already in position to become a global hub for startups and
innovation, even if the future for startup ecosystems seems uncertain.
Entrepreneurs in Dubai have all the support and resources they need to
make an impact on the global economy. Which is why Dubai business
incubators are gaining increasing traction in transforming business
ideas to reality.

12. Why choose Shuraa Business Setup for
your startup?
This is where the expertise of Shuraa Business Setup
comes in. With over 22 years of providing trusted
corporate services, we are your one stop guide to
everything Dubai

13. THANK
YOU
We look forward to working
with you
CONTACT US :
+971 44081900, +971 507775554
info@shuraa.com
www.shuraa.com
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Dubai, UAE