Get All Access for $5/mo

DIFC Is Looking For Homegrown Creative Talents To House Within Its Gate Avenue UAE's homegrown talent can now have the chance to setup presence in Dubai International Financial Centre (DIFC), one of the region's leading financial hub, as well as center for lifestyle, arts and culture.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

DIFC

UAE's homegrown talent can now have the chance to setup presence in Dubai International Financial Centre (DIFC), one of the region's leading financial hub, as well as center for lifestyle, arts and culture. As part of aligning with UAE's vision to leverage prospective human capital, and its aim to support SMEs by providing a platform for their ventures to flourish, DIFC has launched a nationwide competition to attract homegrown brands to join Gate Avenue at DIFC. Open to UAE nationals and residents, the competition is seeking entrepreneurs and startups in the fashion, homeware, jewelry and lifestyle concepts sector.

Contestants can submit new or existing brands to have the opportunity to showcase their concepts in a kiosk or within a collective retail space called the Design Emporium, which is at the South Zone of Gate Avenue at DIFC. Winners would get a discounted registration fee of US$1,000 for the first three years, supplemented with a 50% discount on the lease fee, plus be able to position themselves in one of the city's financial hub center and showcase local creativity amongst international and regional brand entities. The competition kicks off from February 26, 2018 to April 8, 2018, followed by the announcement of five winners on May 1, 2018.

DIFC Authority CEO Arif Amiri comments that the initiative is part of their priority to empower talent in the UAE, and it is merely the beginning to seeing more promising concepts in the DIFC, "Through this competition, we aim to attract inspiring local brands to enrich the retail and lifestyle offering at Gate Avenue and showcase creativity to DIFC's growing community. The competition is only one element of our greater promise to support the development of human capital in the region." If you're interested, register on the website. Applications open on February 26, 2018.

Related: Calling Fintech Entrepreneurs: DIFC And Accenture Launch FinTech Hive In The UAE

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.

Business News

Elon Musk's Proposed $56 Billion Pay Package Is 'Obviously Not About the Money,' Writes Tesla Chair

Tesla's chairperson of the board of directors sent a letter to Tesla shareholders, warning them that the company could lose Elon's attention if they don't approve his pay package.

Women Entrepreneur®

Here Are The Shortlisted Nominees Of The Mastercard Women SME Leaders Awards 2024

The nominees have been selected following a rigorous vetting process by the Entrepreneur Middle East team, as well as a judging committee chaired by Mastercard and industry leaders.

Growth Strategies

The Recap: Enterprise Agility Awards 2023

Supported by Taraf Development, du, Fluidmeet, Numai Real Estate, and in5, the Enterprise Agility Awards 2023 celebrated companies that truly bounced back from any negative trends from the last couple of years, and truly grew their businesses in 2023.

Growth Strategies

Saudi Arabia-Based Thmanyah's New Focus On Content Creators Strengthens Its Mission To Reimagine Arabic Media

Thmanyah's move comes at a time when content creation in the Middle East is not just receiving high consumer demands, but also regional government support.