Dubai PR Network, Online Press Release from Dubai and Middle East
 
Events and Exhibitions(Events & Exhibitions)
Filter PR by
  
Scality Awards Three Start-Up Licenses to the GITEX YouthX Program Winners
 

23, October 2021 - Dubai, UAE: Scality, the innovative start-up program launched by the Dubai Airport Freezone Authority (DAFZA), awarded three start-up licenses to the winners of the GITEX YouthX program’s competition. This took place as part of its participation at GITEX Future Stars event, which is part of the 41st edition of GITEX Technology Week held at the Dubai World Trade Centre.


This step confirms the commitment of Scality and DAFZA to supporting the growth of technology start-ups at local, regional, and international levels. The program aims to help these companies establish and develop their business in the region, as well as strengthening the spirit of innovation and entrepreneurship among youths. The program’s participation at GITEX Future Stars and GITEX Technology Week aimed at shedding light on the flexible methodology the program provides to establish businesses, which was developed specifically for tech companies to help them grow.


Hassan Waheed, Senior Investment Advisor at DAFZA and Chairman of Scality, said: “Our participation at GITEX Future Stars as part of GITEX Technology Week reflects the keenness of Scality program to present its portfolio of offers, perks, and services at the largest technology gathering of its kind in the region. Our participation aims to attracting entrepreneurs and tech companies who seek to set up businesses in the emirate of Dubai and contribute to innovation, technology, science, and its digital economy. Scality aims to support GITEX YouthX competition by offering free licenses for start-ups who presented innovative and creative concepts during their participation.”


DAFZA launched Scality program in early 2021, and this program offers start-ups the opportunity to set up and operate their businesses with flexibility and convenience through a commercially effective way. It also provides a subscription-based program that covers lease and licensing fees, as well as space that start-ups require for their operations. Scality enables start-ups to pay per employee per month through a pay as you grow model, which enables them to scale their teams flexibly and efficiently. The program also allows start-ups to benefit from services offered by world-class partners, as well as access to DAFZA's network of over 1,800 multinational companies including SMEs.


Scality aims to facilitate access to the MENA region by creating more opportunities for start-ups on their entrepreneurship journey, particularly at this time when the MENA region is witnessing significant growth in the technology sector including developments in fintech, e-commerce, health tech, deep technology industries, and smart cities solutions, among others. For example, e-commerce sales in Dubai are projected to jump 23% to reach USD 27 billion in 2022, driven by the COVID-led digital shift and changing consumer demands.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 2936 times
PR Category : Events & Exhibitions
Posted on : Saturday, October 23, 2021  10:55:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Beyond Limits to make Regional debut at ADIPEC 2021
Next Story : SPACEE Set to Redefine UAE's $58bn Retail Segment, Marks its...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Symbols and Colours by Pandora: Little Symbols of Big Dreams [8930-Views]
LG's Newest Innovations Earn Wide Range of Honors at Ces 2022 [8565-Views]
Sony World Photography Awards Announces Student and Youth Competitions 2022 Shortlists [3436-Views]
Amazon Joins Forces with MTE (MENATECH) to Expand Amazon UNIVERSITY Esports to UAE and KSA [3428-Views]
OMEGA Joins Satellite Clean-Up Mission [3317-Views]
Dubai Customs' Achievements in 2021 [3198-Views]
Aster DM Healthcare to Set Up its 6th Hospital in Kerala [3145-Views]
Republic of Paraguay; The Hidden Gem of South America Showcased Country's Eclectic Attract... [3132-Views]
2022 Ras Al Khaimah Half Marathon Adds World-class Runners to Elite Athlete Field and Reve... [3095-Views]
Dubai Shopping Malls Group's Up to 1 Million Dirhams Prized Weekly Raffles, a Hit With Sho... [3095-Views]
Ajman University Students Win The Excellence Award In Documentary Films [3026-Views]
Experts Behind Samsung's Newest Products and Technologies Discuss Innovating for the Futur... [2989-Views]
New Official Operational Hours Announced for Visa Application Centres in Abu Dhabi and Dub... [2936-Views]
Malabar Gold & Diamonds Continues Inauguration Spree with 3 New Showrooms Across Malaysia ... [2800-Views]
Etihad Expands Green Loyalty Offering With Corporate Programme to Reward Organisations and... [2726-Views]
Ring the New Year with Dubai Shopping Festival Deals from Nissan of Arabian Automobiles [2714-Views]
Go Down Memory Lane in New National Geographic Six-part Countdown Series, the ‘80s: Top Te... [2649-Views]
Samsung Electronics Joins Home Connectivity Alliance to Drive the Future of Connected Home... [2517-Views]
Festival Plaza Mall Collects Over 6000 Pre-Loved Toys in Partnership with Emirates Red Cre... [2501-Views]
St. George's University School of Medicine in Grenada Shares 10 Tips on Effective Studying [2480-Views]
Switzerland Hosts a Discussion on Innovative Solutions for Sustainable Water Use at the Sw... [2456-Views]
SEHA to host 2nd Abu Dhabi Integrated Mental Health Conference – A Boost to Mental Health ... [2394-Views]
Secretary General of Environment Agency – Abu Dhabi Highlights the Importance of Carbon Se... [2394-Views]
Saeed Hareb: Dubai Stage of UAE Tour to Start and Finish at Expo 2020 Dubai [2374-Views]
What if the Solution to Sleep Apnoea Syndrome was to be found at Arab Health 2022 ? [2353-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories