In the words of Norberto Cibien – MD, Product Lead – Middle East, Accenture, “Dubai is well positioned from a geographical perspective. It’s a hub and has a lot of connections with the rest of the globe. Dubai is multinational in nature, which makes it a vibrant environment, where there is a mix of cultures, and this is also used to check if the idea of a start-up can work from different perspectives.”

The Dubai government is known for their quick decision making and strict policy implementation. Innovations are accorded high attention and the government is always keen on investing in newer and more promising technologies.

What is attracting Indian entrepreneurs to Dubai

Indian entrepreneurs too are fast turning to Dubai with their business ideas, since not just is the environment feasible for businesses to bloom here, but also because setting up their trade in this hub enables them to hire global talent, and be better connected with other parts of the globe.

The Golden Visa scheme which was announced in 2019 has been another major trigger for Indians to consider the UAE as a preferred destination for setting up their business. The Golden Visa is a long-term residence visa which allows foreign talents to live, and work or study in the UAE for up to 10 years. Investors and entrepreneurs are among the many other categories that are eligible for the Golden Visa.

Ease of setting up business, sound infrastructure, low taxes on running a business, and a friendlier policy environment are some of the key attractions under the Golden Visa scheme that are pulling more and more Indians to the Emirate.

Intelak and how does it support entrepreneurs

Intelak is a Dubai-based technology and innovation hub that supports start-ups, both in early and late stages with mentorship, tools and resources to set up businesses and give shape to their ideas. The programmes offers 3 aspects that can be very useful for start-ups. First is the Intelak Incubator, which helps start-ups right from incubating their ideas to building it, and educating them on the kind of technologies they can use, etc. The second is Intelak Accelerator, which addresses the more mature start-ups, and the third aspect is the Idea Lab, which helps people who have smart ideas but don’t know how to turn them into a potential business.

Applying to the Intelak hub helps companies with unique opportunities to work with some of the biggest companies, brands, and experienced leaders in the industry. Having a brilliant idea is just part of the job done, one needs funding, backing and support to turn a dream business into reality, and Intelak helps to do that.

(This is a sponsored article)