DAFZA Graduates First Batch Of Its Companies Of Double Up 3M Program Participants During UAE Innovation Week 2016

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DAFZA Graduates First Batch Of Its Companies Of Double Up 3M Program Participants During UAE Innovation Week 2016

UAE-- November 21, 2016 - The Dubai Airport Freezone Authority (DAFZA) held a College graduation Event for the First batch of its individuals of Double Up 3M corporate accelerator program introduced last September. The pioneering program was produced particularly for DAFZA customers to help speed up business development and also develop their companies, according to the Freezone's dedication making innovation a key column in the nation's move to build an affordable knowledge-based economy identified by diversity, efficiency and also sustainability. It was likewise created to assist support the Freezone business and motivate them to take on a society of innovation. The event took place at the DAFZA Business Center in Dubai. The recognizing rites became part of the Freezone's unique activities for this year's UAE Innovation Week running from November 20 to 26.

Double Up 3M is an intensive 95-day ability building and also accelerator program available to DAFZA's hosted business and also looked after by the Freezone's Innovation Unit. It develops personalized strategies to enhance the Mission, Market and also Loan of participating business as well as addresses other major business difficulties that impede business growth in neighboring and also global financial markets. The program helps with customer exploration and selection, gives mentorship from highly-skilled professionals, and also shares specialized material with key teams of business.

Among the members of the initial DAFZA-tailored Double Up 3M batch were Inspativity, Winoa, Armada, Chapman Freeborn, Raw Trade, BOS, Green Technologies, Topnet, Rainbow International, and also Unitechnik FZE. They were mentored by specialists on Business Administration as well as Technique, Advertising and marketing, Branding as well as Advertising and marketing, Credit and also Cash money Monitoring, and Business Approach as well as Leadership.

Amna Rashid Lootah, Assistant Director General of Money as well as Commercial department, DAFZA, said: "UAE Innovation Week highlights the most recent success connected to the National Innovation Technique, which aims to make the nation one the most innovative worldwide by 2021. Because of this, it was a fitting celebration to coincide with the college graduation of our Double Up 3M participants. We will continuously use the Double Up 3M program as a significant platform for completely supporting DAFZA's innovation approach by utilizing it to draw in as well as grow international straight financial investment for the advancement of the national economy in all vital sectors, and reinforce Dubai and the UAE's setting as a leading global hub for trade, business as well as investment."

Lootah added: "The success of the initial version of Double Up 3M serves as more inspiration for us to remain to introduce subsequent sessions, in line with DAFZA's dedication in the direction of supporting Freezone business in growing their business and encouraging them to discover growth chances as well as taking them by embracing a culture of innovation as well as excellence as a business design in their day-to-day operations. We praise all the grads as well as encourage other business to follow their lead and also go after greater levels of business quality as well as creativity."

DAFZA's Double up 3M graduation event was followed by an Innovation workshop. The Innovation System is presently getting ready for the following round of the Double up 3M program. The DAFZA-tailored Double Up 3M program is provided by Effect Center Dubai, the regional arm of a global network of over 90 similar Hubs spread across six continents offering support for more than 12,000 entrepreneurs worldwide.