New acceleration program for women-led startups launched in UAE

The program seeks to promote economic equality between genders
New acceleration program for women-led startups launched in UAE
Part of the launching ceremony (Photo Credit: WAM)

The UAE Ministry of Economy and the European Women Association (EWA) have launched the ‘Investment Readiness Acceleration’ program. This initiative aims to empower startups led by women by equipping them with the necessary skills to navigate new sectors, secure funding, and effectively communicate their vision to investors.

Read more: Women own 40 percent of Saudi startups, signals thriving economy

The program was officially launched at a ceremony held at the Dubai Multi Commodities Centre, and it was attended by Abdullah Ahmed Al Saleh, undersecretary of the UAE Ministry of Economy, as well as representatives and leaders from both the government and private sectors who support the UAE’s entrepreneurship ecosystem.

This program is part of the Entrepreneurial Nation project, which was initiated by the Ministry in 2021. It aligns with the UAE’s commitment to advancing gender equality and promoting women’s participation in various economic sectors. The initiative also aims to inspire women to establish entrepreneurial ventures that contribute to the country’s economic progress.

Abdullah Ahmed Al Saleh highlighted the UAE’s achievements in promoting gender equality and empowering women in the economy, emphasizing that the new program with EWA is another step forward in these efforts.

Furthermore, Yulia Stark, president of the EWA European Women’s Association, emphasized the importance of empowering women in economic activities to foster sustainable development. She stated that the program aims to provide women with opportunities to create projects that contribute to sustainable economic growth within and beyond the UAE.

For more news on banking & finance, click here.

The stories on our website are intended for informational purposes only. Those with finance, investment, tax or legal content are not to be taken as financial advice or recommendation. Refer to our full disclaimer policy here.