Emirates Information Company – UAE to host Okay-Enterprise Day in Center Eat 2023 to facilitate partnerships between startups in UAE and Korea


DUBAI, eighth June, 2023 (WAM) — Okay-Enterprise Day in Center Eat 2023 is about to happen on the Dubai World Commerce Centre on twelfth and thirteenth June, with the participation of Abdullah bin Touq Al Marri, Minister of Financial system; and Lee Younger, South Korean Minister of SMEs and Startups.

The occasion, to be hosted by the Ministry of Financial system and South Korean Ministry of SMEs and Startups, will deliver collectively greater than 100 Startups from the UAE and 80 Enterprises from South Korea. Different organisers embody funding establishments and enterprise incubators from each international locations, akin to Korea Federation of SMEs, Korea Institute of Startup & Entrepreneurship Improvement, Korea SMEs and Startups Company, Korea Expertise and Data Promotion, INNOBIZ Innovation Affiliation, Korea Medical Machine Affiliation (KMDA), and the UAE’s Entrepreneurial Nation.

The internet hosting of the occasion displays each international locations’ shared dedication to enhancing bilateral relations on the funding and commerce fronts. It’s the end result of one of many MoUs signed by the Ministry of Financial system and South Korean Ministry of SMEs and Startups in January 2023, throughout South Korean President Yoon Suk Yeol’s go to to the UAE.

Via the internet hosting of the occasion, the Ministry of Financial system goals to allow entrepreneurs within the UAE and Korea to discover sustainable partnerships within the Expertise, AI, Sensible Farming, Medical, Vitality, Media and Safety sectors, and help the entry of SMEs to each markets. It will contribute to the sustainable growth of each economies and create new fields for UAE startups to develop and prosper. These efforts fall in step with the Ministry’s technique to develop the nationwide entrepreneurship panorama in collaboration with related authorities entities, the personal sector, and anxious international establishments. Additionally they align with the targets of the ‘We the UAE 2031’ imaginative and prescient geared toward consolidating the UAE’s place as a number one international hub for brand new economic system, future industries and funding in these sectors.

Okay-Enterprise Day in Center Eat 2023 is a key occasion that targets enhancing partnerships between startups within the UAE and South Korea. It brings collectively traders and enterprise incubators from each international locations to discover the out there funding alternatives provided by entrepreneurial concepts and startups collaborating within the occasion. Moreover, it promotes the trade of experience and information to encourage SMEs to increase to new economic system sectors. The occasion achieves its targets via three classes and the ‘Korean Enterprise Day within the Center East’ is its predominant discussion board. Different classes deal with know-how trade between Korea and the Center East and partnerships between startups working within the area of engineering innovation and innovations utilizing superior know-how.

Startups and enterprises within the UAE that want to take part within the occasion can register via https://www.moec.gov.ae/en/k-business-day.

Tariq Al Fahaam/ Amjad Saleh


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