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The initiative was announced by the Crown Prince of Dubai on Wednesday.
Dubai has launched a crowdfunding platform to support the creative dreams of aspiring entrepreneurs in the emirate.
The initiative was announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Wednesday.
Taking to Twitter, he said, “Today, we launched the “Dubai Next” platform, the first of its kind, to attract crowdfunding to support creative ideas and projects…”
The Dubai CP said the idea behind the initiative was to motivate youth from the UAE as well as from other countries to start their own businesses in Dubai.
“The traditional job is no longer the best option in an era in which the chances of success are for the creative and innovative,” said Sheikh Hamdan.
” ” .. .
— Hamdan bin Mohammed (@HamdanMohammed) May 19, 2021
“[There are] great success stories of entrepreneurs who started their projects from Dubai and reached international levels,” he added.
“Trade is rooted in UAE’s culture and heritage and its potential for growth is unlimited with Dubai’s position as a hub for global trade. Our goal is to see new generations of successful Emirati merchants.”
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