Mohammed Bin Rashid Establishment for Young Business Leaders

The Mohammed Bin Rashid Establishment for Young Business Leaders, an initiative of the Dubai Development and Investment Authority, aims to create business leaders from amongst young nationals.

The Dubai government has dedicated an AED 700 million fund, set up in cooperation with Dubai Islamic Bank, to provide capital at preferential terms, and has also mandated that all departments complete at least 5% of their procurement activities through companies registered with the Establishment.

A third essential component of the initiative is the Business Center, where entrepreneurs can locate their new businesses at a reasonable cost.