Dubai is well known as a repository for entrepreneurs. Dubai gives a nice platform for thousands of businesses, Ventures and new startup incubators as well. The meaning of Dubai startup incubators may differ from person to person. Some people may come with ideas, some may offer workplaces, some may provide resources etc. Apart from the features of startup incubators, they provide few services. Let’s have a glance at them.
Services of Dubai Startup Incubators
Dubai startup incubators provide various services which benefit both customers as well as the host. They are as follows –
Business advice:- the first and foremost service of Dubai startup Incubators is providing business advisors. Even though the funds, resources are available, few people may not be able to think creatively. Especially for those people, they provide new business ideas and give advisors to develop the existing businesses etc.
Legal assistance:- every Dubai startup Incubator has to fulfil certain legal formalities for the initiation of any business in their place. So these startups May provide legal assistance to the required parties. How to get a registration, what are the forms to be submitted, how to apply with the step by step procedure, from home the entrepreneur needs to get approval, taxations etc.
Mentoring & Training:- the best and evergreen service provided by Dubai startup incubators was providing training and mentoring with proper guidelines. The only aim of every entrepreneur is to run his business smoothly and to get consistent growth. For achieving these goals, the incubators act as mentors and rectified their mistakes with proper training.
Seed funding:- funding acts as a major source for every business. So the Dubai startup incubators focus on maintaining sufficient seed fundings and implementing new strategies and methodologies for getting more funds and resources.
Provision of Workspace:- starting a new business with an innovative idea to give fruitful results only when it reaches the targeted audience. So the selection of a workplace is a major service and providing those workplaces to the respective entrepreneurs is one of the best services provided by Dubai startup incubators.
These are the few services one can ever get from Dubai startup incubators for enjoying the benefits like ongoing support and maintenance along with the mentoring and training for maintaining consistency in the growth of a firm. As Dubai hosts and welcomes all startups, the hospitality and services are always fine from both parties.