CALLING ALL CREATIVES
As well as tech , entrepreneurs , startups and businesses in the creative industries are also looking to Dubai , as the city doubles down on initiatives to pull in creatives from around the world . The Dubai Creative Economy Strategy is looking to double the number of Dubai-based creative companies to 15,000 by 2026 and has created an entire ecosystem to reach the target with support services , incentives , and business and legislative enablers . being incredibly safe , there is a certain buzz on the ground in Dubai that is hard to convey into words – the city is inspiring . And startups , while often glamourised , are hard work , so the environment is incredibly important .”
The city ’ s strong ecosystem of tech firms and advisors in the city offers an intimate connectivity that is very rare in a city of this size , he says – a factor that makes partnerships and collaborations highly accessible . “ Chances are you are only one or two connections away from a decision-maker here and that really helps get things done ,” says Andrew .
David – who is currently focused on growing his own Web3 startup , Oceana Market , in Dubai – is also buoyed by the city ’ s dynamism and ‘ let ’ s get things done ’ attitude , not to mention its unparalleled lifestyle .
“ It ’ s a global melting point of talented individuals , which gives it a unique atmosphere . The people here are hungry to succeed , keen to network , and excited to collaborate . There ’ s an excited energy that doesn ’ t exist in other cities . It ’ s the new meeting place of the world , geographically , but also due to the influx of hardworking , business-minded people moving here from all over the globe .”
Low barriers to entry and profitability As a strong advocate for the bootstrapping method of founding and growing a business , David says Dubai offers an ideal breeding ground for entrepreneurs thanks to lower barriers to entry , and to profitability , for startups than in any other major business hub .
This means they are less dependent on external funding and can prioritise organic growth while maintaining a controlling stake in their businesses .
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