WFP's Beasley lauds Saudi Arabia's role in providing aid to millions around the globe    RedSeaIFF announces best short films by emerging Saudi filmmakers 15 shorts make up New Saudi/New Cinema slate    Expats can switch jobs more freely; one-year bar for transfer removed    Dutch rights envoy expresses admiration for Saudi women's achievements    Aramco, TotalEnergies launch first outlets in joint retail network    Fresh lockdowns in China as Covid-19 infections spread to 11 provinces    King, Crown Prince congratulate Austrian President on National Day    The bumpy road to India's electric car dreams    Lockdowns and vaccine divide bring chaos to eastern Europe, uncertainty to West    New details emerge in Baldwin film set shooting    Tata Steel demands UK roadmap to make industry greener    Pakistan hammer India by 10 wickets to clinch T20 win    Michael Jordan's trainers sell for record $1.47m at auction    Protect schools from anti-vax protesters, says UK opposition leader    US actor James Michael Tyler dies aged 59    National Motors Supplies Company announces dealership agreement with Jetour    Saudi Al-Sharif wins Jordan's Open golf championship    Bride's fingerprint not required in revised e-marriage contract    'Easy On Me': Adele returns to UK number one    Friends pip Asfaan; Chinar, ICAD, Pak Zalmi prevail in Kanoo league    'Be a Star' — WWE stars fight cyberbullying in Riyadh    Bollywood superstar's son denied bail in drugs case    Saudis, expats mourn death of prominent Filipino preacher in Riyadh    Bollywood actor Sidharth Shukla dies at 40    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    Weather Forecast for Sunday    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sheraa, Invest in Sharjah join forces to strategically boost Sharjah as a leading startup hub
Published in The Saudi Gazette on 31 - 03 - 2021

A new partnership between Sharjah Entrepreneurship Center (Sheraa) and Sharjah FDI Office (Invest in Sharjah) is poised to take Sharjah's ecosystem offerings to the next level. The entities have signed a Memorandum of Understanding (MoU), which paves the way for a series of strategic moves they will be jointly making to accelerate UAE's post-COVID recovery.
The core objective of the newly formed partnership is to link the high-growth tech startups in Sheraa's founder community to the emirate's robust investor pool for collaboration in key, as well as new and emerging sectors.
The MoU, which officially declared Invest in Sharjah as Sheraa's Strategic Partner, was signed by Najla Al Midfa, CEO of Sheraa, and Mohamed Juma Al Musharrkh, CEO, Invest in Sharjah, Tuesday at the Sharjah Investors Services Centre (Saeed) in Al Qasba.
The partnership will establish targeted and joint mechanisms to support startups in the UAE and the region through greater access to market opportunities and venture capital.
As part of the understanding, Sheraa will join Invest in Sharjah's local and international delegations to promote and attract tech startups to the thriving startup ecosystem in Sharjah. Invest in Sharjah will also offer Sheraa startups discounted Sharjah Investors Services Centre (Saeed) services and Entrepreneur Card benefits.
Elaborating on the agreement, Al Midfa said: "We are proud to officially welcome Invest in Sharjah as a Strategic Partner. Together, we will advance our shared vision of supporting the growth of innovative startups as well as establishing Sharjah as a leader on the global entrepreneurship stage."
She continued: "This partnership builds on our series of initiatives and achievements over the last 5 years, graduating over a hundred startups in the UAE and the region, as well strengthening and elevating UAE's entrepreneurial ecosystem to new heights.
"With Invest in Sharjah, we will provide our local and regional startups with a strong and promising investors network, as well as pave the way for startups to leverage the benefits of the Sharjah Investors Services Centre (Saeed), which specialises in providing comprehensive and integrated services to businesses and startups."
Speaking about Invest in Sharjah's role in supporting startups, Al Musharrkh, said: "As an entity committed to driving Sharjah's position as the preferred investment destination in MENA, Invest in Sharjah is proud to partner with Sheraa, who has been successfully developing a blueprint for nurturing successful startups in the region, paving the way for new promising investment opportunities for entrepreneurs in Sharjah."
He added: "Our Strategic Partnership with Sheraa further reinforces Sharjah's commitment to promoting fruitful partnerships that set the foundation for high-impact ventures and contribute to the growth of our economy. This collaboration will serve the best interests of entrepreneurs and foster an ecosystem that encourages their growth."
Since its inception, Sheraa has successfully supported 114 startups that have gone on to generate over $125 million in revenue, raise over $74 million in investment and create over 1,300 jobs. — SG


Clic here to read the story from its source.