Dubai Internet City (DIC) is to focus on nurturing and attracting local start ups for future growth instead of multinational companies, says a report in the National. To sustain an ICT ecosystem, DIC is in need of start-ups and small entrepreneurs, said Mr Al Malek, the managing director at DIC and Dubai Outsource Zone
One initiative is the Majid Bin Mohammed Innovation Centre In5, an incubation centre which Mr Al Malek describes as the first specialised technology incubation within an ICT hub in the region.
DIC aids entrepreneurs through networking events, demo days, business guidance, investment, and mentoring and support.
In the first half of this year, 85 new companies joined DIC, with similar numbers expected for the second half of the year. In 2011, there were 166 new additions, while 60 companies expanded their operations in the free zone.
So, if you have a great new idea for a business, why not put your ideas forward to the Dubai Internet City Innovation Centre and start on the road to a successful career as an entrepreneur.