Dubai: Companies and entrepreneurs who want to straddle the best from both Sharjah and Dubai together now have a single-stop solution to set up their business. The Sharjah Research and Technology Innovation Park Accelerator, established to incubate businesses in certain focus areas, has opened an office in Dubai to cater to growing demand.
SRTIP is a free zone mandated to set up companies with a special research-based focus in six areas: water management, renewable energy, environmental technology, transport and logistics, digitalisation, and smart manufacturing.
“SRTIP Accelerator provides more than 650 business activities ranging from technology, research, innovation, trading, consultancy, and services. It is a concierge of services which is now at the doorstep of those in Dubai who wish to start or extend their operations in certain focus areas,” said Kallol Ghose, General Manager at SRTIP Accelerator’s new office near DIFC.
For budding female entrepreneurs, there is further incentive this month when the world celebrates Women’s Day. The SRTIP Accelerator has launched the Women Entrepreneur package starting from AED 5,500 only. Other packages include a ‘one-visa all-inclusive’ offer of AED 13,990 while two visas will cost AED 17,795.
“The SRTIP Accelerator Dubai office has been set up to provide a comprehensive and supportive environment for entrepreneurs, startups and women with the goal of facilitating their growth and success. We also provide payment plans to ease their initial investments,” Kallol informed.
Sharjah is the only emirate that shares borders with all six emirates, and is the third largest after Abu Dhabi and Dubai. Sharjah has been the culture hub of the UAE. An estimate from the Ministry of Economy says small and medium enterprises (SMEs) in the UAE constitute up to 94 percent while providing jobs for 86 percent of the private sector workforce.
The coveted Sharjah Advanced Industry Accelerator programme from SRTIP last year saw a green hydrogen startup, REBOOZ, win the third cohort in December. The super-stringent screening saw seven finalists get into the programme from more than 1,500 applications from 45 countries. The latest SAIA edition had the support of Google, Intel, Amazon as well as UAE Ministry of Advanced Technology and Ministry of Climate Change and Environment.
The SRTIP Accelerator office in DIFC now brings the crucial growth ladder for startups and tech companies to those in Dubai. “Sharjah is transforming and with the right approach in blending environment, culture and the right mix of technology. Dubai has always been at the forefront in promoting startups and innovators. That is why we are well-positioned as the SRTIP Accelerator Dubai office to address this interesting juxtaposition.
“Our priority is to provide cost-effective business packages for startups and entrepreneurs and reduce their initial investment. We provide service of high quality, faster processing of licensing and also access to a networking community that inspires growth through innovation and collaboration,” Ghose said.