Last June 28, Sheikh Mohammed launched an accelerator for family-owned businesses that supports them in accessing new markets.
The proposed platform, which seeks to improve these entities’ performance, will help them enter new markets and build their brands.
The new accelerator also supports startup projects by enhancing their ability to attract investment opportunities, fast-track growth and build their capabilities and skills. Entities including Skill-Up Academy and Scale-Up Platform were launched too.
Gopa Kumar, managing director at corporate service provider Amicorp, says that the setting up of an accelerator platform for family-owned business is a game-changer for the startup industry in the UAE.
There is strong evidence that accelerators and incubators play a key role in the growth of startups; an…