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Ras Al Khaimah - Ras Al Khaimah Free Trade Zone (RAK FTZ) has announced the launch ofthe RAK FTZ Startup Champ Competition. The competitionchallenges aspiring businessmen to present their innovative and unique business plans for a chance to win a business set-up package.
The official announcement of the competition coincided with the monthly Arabian Business StartUp Academy workshop.
"RAK FTZ organised the Startup Champ Competition to encourage creativity and innovation among startup entrepreneurs. This initiative is focused on nurturing new innovators, and helping thembecome tomorrow's business leaders,"said Ahmad Numan, Director of Marketing and Corporate Communications, RAK FTZ. "The most promising candidate will be rewarded witha business set-up package at RAK FTZ, including a business licence, aworld-class facility and comprehensive business support services that are specifically designed to sustain startup growth."
The competition is open to all aspiring entrepreneurs who can submit their business plans beginning 17 August, and no later than 17 September 2015 at www.rakftz.com/champ. The awarding ceremony of the successful candidate will be held at the free zone's newly opened Boulevard Business Centre in Downtown Dubai, which provides a complete range of services for both existing and prospective RAK FTZclients.
Mr Numan said: "We have the utmost respect for small and medium-sized enterprises as they have always been a major contributor to the diverse economy of Ras Al Khaimah and RAK FTZ. The RAK FTZ Startup Champ Competition is our way of showing relentless support to existing and future SMEs in the region."
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About Ras Al Khaimah Free Trade Zone
Ras Al Khaimah Free Trade Zone (RAK FTZ) provides award-winning services and world-class facilities, enabling clients to quickly and efficiently set up and grow profitable companies in the United Arab Emirates. Home to more than 8,000 active companies from over 100 countries and over 50 industry sectors, RAK FTZ offers completely tax-free status to its clients, allows for 100 per cent foreign ownership and unrestricted repatriation of profits, in addition to a host of other business-friendly incentives.
Less than an hour's drive from Dubai, RAK FTZ offers significant geographical advantages for clients to easily access markets in the Middle East, Africa, Europe and South Asia. It caters to the unique requirements of small, medium and large businesses with four free zone parks including business centre facilities, offices, warehouses and land for development, as well as facilities for educational institutions. Since its inception 15 years ago, RAK FTZ has diversified from its traditional focus on industrial manufacturing to also support trading, sales and marketing activities, a wide range of service sectors, as well as logistics and distribution platforms. To learn more about RAK FTZ, please visit www.rakftz.com
Media Contact:
Cleo Eleazar
Senior Manager - Public Relations & Events
Ras Al Khaimah Free Trade Zone Authority (RAK FTZ)
Phone: +97172077173
E-mail: c.eleazar@rakftz.com
© Press Release 2015
