The Abu Dhabi Youth Business Council, operating under the Abu Dhabi Chamber of Commerce and Industry, has launched the ‘Manarat Al Rowad’ package to support the 40 winners of the fourth Young Arab Pioneers initiative. This new program is designed to provide a comprehensive suite of services and tools, empowering young Arab entrepreneurs to establish and scale their ventures from the UAE’s capital.
A Comprehensive Support System For Founders
The ‘Manarat Al Rowad’ package offers a robust support system aimed at removing early-stage business hurdles. Winners will receive free consultations for project establishment, hands-on licensing support, and assistance in preparing necessary documents. The initiative also ensures coordination with relevant authorities to expedite approval processes. Furthermore, each of the 40 pioneers will be granted a complimentary one-year premium membership to the Abu Dhabi Youth Business Gateway, providing them with enhanced networking and resource access.
Accelerating Growth with Strategic Partnerships
A key strength of the initiative lies in its collaboration with major ecosystem players. Through the Nomou platform, entrepreneurs will gain access to support with opening bank accounts, flexible leasing and buy-now-pay-later options, and innovative financing solutions tailored for SMEs. The Abu Dhabi Registration and Licensing Authority (ADRA) will offer an expedited one-day service for issuing business licenses. Additionally, Abu Dhabi Global Market (ADGM) will contribute 40 scholarships for the prestigious Dalio Market Principles Online Programme, a leading global initiative for developing entrepreneurial and leadership skills.
Fostering a New Generation of Innovators
The initiative underscores Abu Dhabi’s commitment to nurturing youth talent and enhancing their contribution to economic development. His Excellency Mansoor Al Sayegh, President of the Abu Dhabi Youth Business Council, stated, “The Manarat Al Rowad package reflects the Council’s commitment to empowering the winners… by providing them with practical tools to transform their ideas into entrepreneurial projects. We believe that young people should not wait for opportunities to come their way but should actively create them through innovation and creativity.”
About The Abu Dhabi Youth Business Council
The Abu Dhabi Youth Business Council is an entity affiliated with the Abu Dhabi Chamber of Commerce and Industry. Its primary mission is to empower young entrepreneurs and enhance their role in the economic development of the emirate by providing support, resources, and initiatives that foster innovation and business growth.
Source: Zawya
