The largest free Free Zone in UAE, DMCC, and the Government of Dubai Authority on commodities trade and enterprise, announced on Wednesday that it has partnered with C3 (Companies Creating Change), to launch the Impact Scale-Up Program in Dubai.
C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.
The DMCC is the UAE’s first Free Zone to support companies with a social purpose in such a way.
The program will support 20 businesses contributing to the United Nations Sustainable Development Goals (UNSDGs).
It will enable them to establish a presence in the UAE and leverage the local ecosystem as a launchpad to successfully expand across the MEA region.
The comprehensive training and networking program will provide a proven blueprint to successfully enter the UAE market, and connect with local and regional investors and blue-chip companies.
The DMCC will be offering a total of 20 “Impact” business licenses to successful companies, providing them with substantial savings on business setup costs through a 70 percent discount on license fees and flexi-desk space for two years.
The DMCC will also be providing further discounts on license renewal from the third to the fifth year.
Additionally, the successful start-ups will receive access to the DMCC’s facilities and its community of over 20,000 member companies to connect and network.
Once onboarded, the companies will undergo a tailored training program covering business expansion pillars: go-to-market strategies, sales and marketing, investor readiness, ESG agenda and impact measurement.
The program will leverage the C3 network of thousands of local experts, hundreds of regional investors and blue-chip partners.