Page 596 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)
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10/8/25, 9:10 AM UAE: Free Training, DIFC Membership For 10,000 Entrepreneurs As Part Of New Drive
In a major push to solidify its position as a global hub for startups, the UAE has launched a new
program to train and incubate 10,000 entrepreneurs over the next five years.
The initiative is a key component of the 'Startup Capital of the World' campaign , launched in
September by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of
the UAE and Ruler of Dubai.
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Representing a strategic partnership between the Ministry of Economy and the New Economy
Academy, the drive is designed to empower the nation's workforce and accelerate the growth of
small and medium-sized enterprises (SMEs).
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The UAE has already been recognised as the top country for entrepreneurs for the fourth
consecutive year by the Global Entrepreneurship Monitor.
Ideas into projects
Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, described the program as
a“strategic step towards preparing a new generation of entrepreneurs to transform their ideas
into projects.”
Regarding what the initiative can achieve, Al Saleh stated that it will“enhance economic
diversification and strengthen the competitiveness of our economy.”
Two main tracks
As part of the campaign, the Dubai International Financial Centre (DIFC) Authority has
announced it will provide free membership and training for 10,000 entrepreneurs.
Arif Amiri, CEO of the DIFC Authority, also revealed that over 500 mentors will be available to
guide participants, who will gain access to exclusive regional events through the Ignyte platform.
Ignyte, a flagship initiative under the Dubai Digital Economy Mandate launched by Sheikh
Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai, is designed to accelerate
innovation and entrepreneurship.
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