As a frontrunner in supporting Dubai’s transition into an innovation-led and diverse economy, Dubai Holding recognises the vital part that emerging talent, entrepreneurs, start-ups and small businesses play in achieving this.
Dubai Holding has been a long-time supporter of entrepreneurs and SMEs in Dubai, and is committed to nurturing their growth and success through investing in a number of SME initiatives and projects. The
Dubai Holding company, TECOM Group is an industry-specialised developer and operator of thriving business communities that enable the broader entrepreneurial ecosystem in Dubai with over 5,100 businesses, including local SMEs and startups.
TECOM Group announced its own AED 4.5 billion innovation strategy in 2014, as well as a series of initiatives and new projects designed to empower entrepreneurs and SMEs across its multiple sectors. These include Dubai Internet City’s Innovation Hub and the Creative Community at d3 (Dubai Design District), both of which will provide inspiring environments for creative workers and foster a culture of entrepreneurship.
Nurturing SME Growth
TECOM Group is committed to nurturing entrepreneurs and small businesses, and first invested in incubation and innovation centres in 2013, with the launch of Dubai Internet City’s in5, which provides a dynamic working environment to start-ups and entrepreneurs across the ICT and digital media sectors, offering discounted office space, logistical support, and access to investors and mentors. Since establishing, in5 has engaged over 4,000 ‘technopreneurs’, and helped form over 70 regional and international investment relationships representing AED 34 million in funding. Based on the success of this model, in5 Media was announced - a first-of-its-kind media hub in 2015 .
in5 Media Launches
The launch of in5 Media is part of the rollout of TECOM Group’s incubation programme, which aims to foster entrepreneurship and innovation and craft a space for talent to learn, network, train and build their skillset. in5 Media encompasses state-of-the-art facilities to encourage the creation of innovative content and products, and its members will have access to industry experts and mentors to promote learning and their development. it offers media enthusiasts, freelancers and startups an opportunity to work collectively on media-related endeavours and participate in elevating the status of the media entrepreneurial community. Through its incubation programme, TECOM Group aims to give entrepreneurs a platform from which to succeed, and position Dubai as the engine of innovation and creativity for the Arab world.
In support of the National Innovation Strategy, Dubai Holding partnered with Dubai SME, a division of the Department of Economic Development, which was created in 2002 to support Emirati SMEs and entrepreneurs.
The partnership offers Dubai SME members attractive incentives to operate within Dubai Holding Companies, TECOM Group, Jumeirah Group, and Dubai Properties Group, and enjoy the benefits of the innovation-driven business environments across multiple industries. The tie-up aims to support both new and existing Emirati entrepreneurs and SMEs, with the long-term vision of developing a smart, diverse and sustainable Dubai economy.