SAP to support UAE digital start-ups
SAP launched start-up focus event in partner with Dubai Internet City's in5 Innovation Centre
SAP held a start-up focus event and revealed UAE digital start-ups can become the grounding in increasing global GDP by $1.5tr and create 10m youth jobs.
According to the recent Accenture report "Harnessing the Power of Entrepreneurs to Open Innovation", digital start-ups will increase global GDP by 2020. This will demonstrate the UAE's potential and rank top in the Middle East and North Africa region, as well as feature in the top 20 in the world in supporting entrepreneurs.
In line with UAE Vision 2021, which is transforming the country into a global entrepreneurship hub, the SAP Training and Development Institute has conducted a second Start-up Focus Event in the UAE, held in partnership with Dubai Internet City's in5 Innovation Centre.
The two-day event saw more than 150 participants, innovators gain insights from successful start-up founders, and interacted with media and venture capitalists. Entrepreneurs also learned operational details on running their start-up, and gained coding skills to build their application on memory platform SAP HANA. The event provided attending start-ups with the opportunity to become part of the global SAP Start-up Focus program.
Majed Al Suwaidi, managing director of Dubai Internet City and Dubai Outsource City, said: "We are pleased to supports this year's SAP Start-up Focus event, and together we will offer entrepreneurs a vibrant environment to ignite their ideas. The success story of in5 innovation centre we launched in 2013, is a testament to Dubai Internet City's commitment to support and encourage innovation and creativity among start-ups and technopreneurs by providing promising talents with opportunities to network and learn from experts.
"in5 has played a leading role in supporting the tech start-up ecosystem in the region, and we are developing the innovation hub to stimulate innovation and excellence across technology, new media, smart education and sciences."
The Start-up Focus Program supports more than 3,400 start-ups worldwide, providing start-ups with free access to tools, support, and training to develop innovations on the SAP HANA Cloud platform, and bring them to market in an ecosystem of 2m people and 310,000 customers in 190 countries.