Funding applications will be accepted during the period beginning August 28 and ending on September 30.
A Dubai-based online incubator and accelerator has announced a new funding round dedicated to supporting female entrepreneurs in the UAE, coinciding with Emirati Women’s Day 2024.
This initiative is designed to foster innovation and entrepreneurship among Emirati women and other female leaders in the region.
The funding round is tailored to assist women-led startups in the UAE by helping them overcome financial challenges and grow their businesses. “We are honored to launch this funding round in celebration of Emirati Women’s Day, a day that highlights the outstanding contributions of women in our nation,” said Hesham Zreik, CEO of FasterCapital.
“Through this initiative, we aim to empower the next generation of female leaders who will drive the UAE’s economic and social development,” Zreik added.
Applications for this funding opportunity will be open from August 28 to September 30, 2024, FasterCapital announced in a press release.
Startups chosen for the program will receive financial and legal support, mentorship, networking opportunities, and strategic resources to enhance their growth and influence.
“This initiative reflects our firm belief that Emirati women play a vital role in shaping the future,” said Sonia Judith, Program Manager at FasterCapital.
“We are dedicated to providing them with the tools and support they need to thrive in today’s competitive business environment,” she said.