DAFZA officially launches a one-of-a-kind innovative startup programme, Scality, which aims to attract local, regional, and global tech startups.
The Dubai Airport Free Zone Authority (DAFZA) has started an innovative startup programme called Scality, which enables local, regional and global tech startups to set up and grow their businesses in the region.
Scality provides a subscription-based programme that covers lease and licensing fees, as well as the space that startups would require for their operations. Startups can also adopt a pay-as-you-grow model, which allows them to scale their teams efficiently and flexibly.
Director General of DAFZA, Dr. Mohammed Al Zarooni, said, "These initiatives aim to strengthen Dubai’s position as a preferred destination for entrepreneurs and enhance its workforce through attracting innovative thinkers and talent to the emirate.”
Through Scality, DAFZA aims to provide entrepreneurs with integrated solutions and services to ease some of the challenges they may face while establishing their businesses.
“These challenges include upfront costs and set-up funds, access to talent as well as the ability to scale up sales," said Amna Lootah, Assistant Director-General at DAFZA. "We offer cost effective and flexible setup solutions, as well as access to a network ecosystem to allow them to showcase their cutting-edge services and explore potential partnerships.”
Driven by the pandemic-led digital shift and change in consumer demands, e-commerce sales in Dubai are projected to jump 23%, reaching $27 billion in 2022.
Sign up for the daily Startup Digest.