Dubai ‘Silicon Valley’ launched

Dubai Silicon Oasis Launches Technology Incubator to Support Start-ups and Entrepreneurs

Dubai Silicon Oasis, a government run integrated free zone technology park, today launched the ‘DSO Technology Incubator’, a first-of-its-kind technology initiative in the UAE. The incubator will support new start-ups and encourage entrepreneurs in the field of technology by stimulating the development of successful companies.

The unique technology incubator will aim to chart a new avenue for investment in technology in the Arab region. The Technology Incubator comes as part of a hi-tech ecosystem that incorporates six technology sectors that remain the focus of the technology free zone. It will provide services such as assistance with business basics, networking activities, marketing, accounting and financial management, as well as presentation skills. It will also offer links to higher education resources, strategic partners, comprehensive business training programs and access to business angel investors or venture capitalists.

In addition, the Technology Incubator will offer assistance with advisory boards and mentors, business etiquette, commercializing technology, and identifying management teams. Dubai Silicon Oasis is wholly owned by the government of Dubai and operates as a free zone for semiconductor, microelectronics and other high-technology based companies that seek to establish regional headquarters and research and development facilities in the Middle East and North Africa region.

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