UAE offers biz set-up package for final year students, graduates

By Divi S.

RAS AL KHAIMAH 18 March 2019: Ras Al Khaimah Economic Zone (Rakez) has announced the launch of Mubader Package, an exclusive business set-up package for final year students and fresh graduates to support young talents in pursuing their entrepreneurial dreams.

“This era is brimming with young, creative talents who have real appetite for entrepreneurship. Their drive and ideas are endless; all they need is an enabler that will help introduce their ideas to the market,” said Rakez Group CEO Ramy Jallad.

The Mubader Package includes a business licence, a shared workstation, ongoing business support, eligibility for a UAE residence visa, and more. Young entrepreneurs can choose from five licence types, which include: commercial, for buying and selling goods and services; educational, for setting up an education institution or consultancy; e-commerce, for trading goods and services online; media, for starting a media-related company; and service licence, for offering services in any industry, said Wam.

“We launched the Mubader Package to open them up to the world of business and empower them to create solutions and new technology that will change the world as we know it. The package is really pocket-friendly, but more than that, it is packed with everything they need, including dedicated support at every step and shared working spaces where they can collaborate and network with fellow entrepreneurs,” he added.

Over the years, Rakez has been a strong supporter of encouraging and launching startups. The authority has powered up events such as Startup Weekend Ras Al Khaimah and Seaside Startup Summit Ras Al Khaimah, as well as organised its very own Startup Champ Competition in 2015.