Starting your own business is not an easy task- a lot of work is needed to bring your passion to life purposefully in a commercially viable way. Venturing out on your own forces you to face your limitations, test out ideas, accept that some may fail, but eventually land small successes that will give you the confidence to keep moving forward. Building a successful startup requires wholehearted commitment, dedication and tenacious self-belief, and there is no better place to start than the UAE.
According to the Global Entrepreneurship Monitor's 2022 report, the UAE has been ranked first globally as the best ecosystem for startups and entrepreneurs in 2022. Home to leading business incubators, Dubai is continuously incentivizing and pushing the agenda to support entrepreneurs in achieving their vision. Additionally, government-led strategies such as the National Agenda for Entrepreneurship aiming to establish the UAE as an entrepreneurial nation by 2031 aid in creating bigger opportunities for setting up and scaling up businesses. Through the initiative, the government is curating packages of incentives that will help increase the number of startups, incubate unicorns, and achieve a strong partnership between the public and private sectors