iPayGuru applies to DIC to develop its footprint in the MENA region
Innovation begins here:
DUBAI INTERNET CITY is the region’s leading hub where the ideas of tomorrow are born. As the largest TECHNOLOGY BUSINESS COMMUNITY in the region, it’s a place where innovators and entrepreneurs work, connect and share their vision for a bold new tomorrow.
We are a creative collective engineered for innovation. Our community of entrepreneurs, startups, facilitators and Fortune 500 companies is busy creating the future of regional ICT and disrupting the status quo. We are the MENA region’s largest ICT hub, with liberal regulations that facilitate business success.
DIC fosters entrepreneurs, empowers SMEs, and attracts global ICT leaders to Dubai. Here is where your business accesses a rich ecosystem of knowledge workers, nimble service providers, and expertise from the world over.
DIC continues evolving a mature ecosystem that powers relentless innovation while spurring business success. The park attracts halo brands and Fortune 500 companies while also fostering local SME growth and creating a favourable environment for entrepreneurs to nurture the next big wave of ICT innovation.
Stake your claim to your personal haven of creativity. A cutting edge, superbly connected space that puts you in the heart of a vibrant community. With over 25 buildings and low-rise, mid-rise and high-rise options to choose from, finding a space for your business to thrive in has never been easier. A host of advantages include:
- Comprehensive Building Management Systems for security
- A thriving ecosystem of amenities, conveniences and places to eat and shop
- Reserved parking spaces that take the hassle out of commuting
- Accessible via public transport, including the Dubai Metro
The commercial offices key characteristics include:
- Innovative design
- Office Buildings equipped with an exceptional Building Management System (BMS)
- Supporting commercial areas for banking, retail, catering and government services
- Ample indoor and outdoor car parking
Corporate Social Responsibility
Dubai Internet City is committed to CSR activities and has a history of supporting initiatives for charities and special needs children. In the past we have celebrated the support crew, welcomed special needs children from Al Noor, conducted recycling drives for e-waste & toys and co-hosted blood donation drives with our business partners. Contact us if you are interested to collaborating on CSR initiatives in the future
In5 members successfully raise over 34 million dirhams
Dubai Internet City’s Innovation Centre (in5) gives start-ups access to regional and international investors
in5, the innovation centre launched by Dubai Internet City (DIC) in 2013 as part of its vision to drive forward the UAE’s ICT start-up sector, has seen a number of success stories among its members, who have raised over AED 34 million in funding.
Since inception, in5 has given over 70 members access to a number of international and regional investors, and has provided mentorship, work space, as well as networking opportunities. in5 has pioneered the UAE’s start-up landscape by conducting workshops, training and networking events, and engaged with over 4,000 of the UAE’s technopreneurs in partnership with industry leaders such as Google and Microsoft.
Through these community activities, in5 has introduced its members to a high profile group of investors such as MENA Venture Investments, Middle East Venture Partners and other public and private investors, which has resulted in a number of partnerships as well as funding.
An example of successful collaboration is FishFish ME, a local fishing charter start-up that is now a global company, which has raised more than AED2.75 million through a number of local and regional investors, and TaskSpotting, an app that partners with well-known brands to offer users the chance to try new products and provide feedback, has secured over AED4.4 million in funding since joining in5.
These success stories are a clear indication of the significant appetite among financiers in the region to invest in new trends or bright and innovative companies. Access to investors and to over one thousand international businesses in DIC, and a developed ICT sector, has ensured that in5 remains a compelling destination for tech entrepreneurs and start-ups.
Majed Al Suwaidi, Managing Director of Dubai Internet City and Dubai Outsource City, said:
“The success stories we have seen within in5 are testament to the support we provide to our members, as well as the growth of the UAE’s wider ICT and start-up landscape. The number of entrepreneurs looking to set up businesses in the region continues to grow year-on-year, and Dubai has shown that it is an excellent destination from which to do so. We look forward to playing a role in the further growth and development of the start-up sector, and we will continue to look at ways we can empower entrepreneurs and give them a platform from which to succeed.”
Other in5 success stories include MrUsta, who received over AED1.3 million funding, ANA Ventures, who also secured more than AED 1 million, Guiddo who raised more than AED 0.5 million.
DIC announced the Innovation Hub on its 15th anniversary in support of H.H. Sheikh Mohammed bin Rashid Al Maktoum�s vision of an innovation-led economy.
1.8 million square feet is set aside to create a vibrant community of innovators exploring new ideas in technology, new media, smart education and the sciences. The new business park is at the heart of Dubai�s premier commercial zones, and adjacent to the Dubai Internet City, Dubai Media City and Knowledge Village.
The centrepiece of the Innovation Hub is a massive cluster of communications and technology facilities. Meanwhile, boutique offices rub shoulders with commercial spaces, retail offerings and hospitality developments in a carefully laid out master plan.
Phase 1 will be delivered in 2017. When fully completed in 2019, the Hub�s 15,000 strong workforce will be part of a community that facilitates idea creation, networking, knowledge sharing and dynamic industry events.