
Are grants available for business setup in Dubai?
Key Takeaways:
- Direct, non-repayable grants for general business setup in Dubai are rare, especially for foreign entrepreneurs.
- Government support primarily comes through incubators, accelerators, innovation funds, and specific SME programs.
- Focus is often on innovative, high-growth, or strategically important sectors.
- Free zones, like Meydan Free Zone in Dubai, offer significant benefits, including tax exemptions and 100% foreign ownership, which reduce operational costs.
- Funding opportunities often involve loans, equity investment, or indirect support like mentorship and subsidized services.
Dubai, a global hub for commerce and innovation, attracts entrepreneurs from around the world. Many prospective business owners often inquire about the availability of grants to ease their initial investment for business setup in Dubai. While the concept of direct, non-repayable grants for simply establishing a general business is not as common as one might find in some other economies, the UAE government and various private entities offer a robust ecosystem …
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