New Endeavor UAE Report Maps The Multiplier Effect Of Founders From Careem Souq And Kitopi

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Endeavor has launched the “Dubai Multipliers” initiative, a detailed report celebrating the profound impact of successful founders on Dubai’s startup ecosystem. Developed in partnership with the Dubai Department of Economy and Tourism and the Dubai Chamber of Digital Economy, the initiative maps the ripple effects created by the region’s most influential entrepreneurs, showcasing how they multiply their impact through mentorship, investment, and inspiration.

Celebrating The Pillars Of The Ecosystem

The report highlights 23 founders from 11 of Dubai’s most iconic, locally-founded companies. The celebrated ventures include Careem, Kitopi, Mumzworld.com, BMB Group, Checkout.com, Namshi.com, Maktoob Group, Bayt.com, Souq.com, Instashop, and Property Finder. The initiative posits that the true legacy of these founders extends beyond the successful companies they built, manifesting in the subsequent generations of entrepreneurs they have supported and inspired.

The Multiplier Effect In Action

The core of the “Dubai Multipliers” report is the concept that entrepreneurial ecosystems grow by design, not by chance. It tracks how the founders of these 11 companies have become “multipliers” by actively mentoring aspiring founders, investing capital into new startups, and inspiring a new wave of innovation. According to Endeavor, this virtuous cycle is a critical factor in shaping cities like Dubai into one of the world’s most dynamic entrepreneurial hubs. The initiative provides interactive maps visualizing these connections, offering a clear picture of the interconnectedness and collaborative spirit driving the ecosystem forward.

About The Dubai Multipliers Initiative

The Dubai Multipliers initiative is a project by Endeavor, supported by the Dubai Department of Economy & Tourism and the Dubai Chambers of Digital Economy. Its mission is to celebrate the founders whose journeys continue to multiply opportunities for others, thereby fostering the conditions for a thriving, self-sustaining entrepreneurial environment. The full report and interactive ecosystem maps are available on Endeavor’s website.

Source: Endeavor

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