DTEC or Dubai Technology Entrepreneur Campus is the largest technology campus in the MENA area designed specifically for entrepreneurs across all sectors of the industry. The campus is located in the Dubai Silicon Oasis Cluster and is spread over a considerable sized area of land. It is the perfect place for tech start-ups and tech entrepreneurs to start their companies.
There is no better place than DTEC digital park in the UAE for tech startups and firms to begin their adventure right away. They have created a tailored campus area with the amenities and technology infrastructure needed to support entrepreneurs and their startups.
Private offices, Flexi-desks, dedicated desks, and other amenities are provided by DTEC to support tech companies. Co-working spaces are also available in DTEC to assist entrepreneurs in growing their businesses. For foreign and local investors, DTEC also provides a hassle-free business establishment in Dubai, UAE.
DTEC provides numerous start-up company support services, including corporate alliances, accelerator programs, and much more. The campus intends to assist early-stage start-ups in growing up rapidly in the Emirates without difficulty by making a variety of plug-and-play features easily accessible.
The venture capitalist division of DTEC provides guidance and support to empower business owners through mentoring programs and also offers money for countless start-ups at various stages to solve their funding issues.
Read this concise guide to learn more details and get comprehensive information about the Dubai Technology Entrepreneur Campus (DTEC).
Dubai Technology Entrepreneur Campus (DTEC) Company Types
In DTEC, you can open a business that can follow two types of company structures. Before starting your company, you have to register it with the Dubai Silicon Oasis authorities. The company structures available in DTEC are:
- Free Zone Company – FZCO
- Free Zone Establishment – FZE
Free Zone Company – FZCO
A minimum of two shareholders are required to form this type of company. The company itself, its shareholders, or both of them are eligible for a Free Zone Company.
Free Zone Establishment – FZE
A company of this type is formed by a single shareholder, either a business or an individual.
Why Choose DTEC for Company Formation
Entrepreneurs from above 70 countries have established their companies in DTEC making it an international start-up hub. Following are some of the facilities, features, or reasons that will make you select DTEC to start a tech startup or company in Dubai:
- Acceleration programs
- Easy Freezone business setup
- Investment opportunities
- Visa services
- Business partner labs
- 10,000 square meter space with a creative design
- Annual event program
- 24/7 access
- Cafes and gaming rooms
- High-speed WiFi
- Conference facilities
- Complimentary water, tea, and coffee
- Creative breakout and meeting spaces
Business Activities Related to IT in DTEC
In DTEC, you can do many activities related to information technology including:
- Web-based portal creation and management
- Computer design and graphics services
- Internet content provider
- Software programming
- Public networking services
- Electronic chip programming
- Digital and web-design services
- IT consulting, IT infrastructure solutions, and much more
Services or Products of DTEC
DTEC provides tons of services to help new businesses establish themselves in the UAE. They also offer amazing state-of-the-art coworking space that promotes funding options, collaboration, and accelerator programs to support these businesses. The campus also hosts networking events with the goal to make the businesses stay on top of the industry trends and make their name prominent in the market.
1. Accelerator Program
The life cycle of innovative startups in the UAE is accelerated through DTEC’s Accelerator programs. It condenses years’ worth of learning-by-doing into a time period of some months. In order to help entrepreneurs quickly prepare to pitch their business ideas to potential investors, DTEC also offers a network of mentors, advisers, and instructors.
Not only that, they provide them with access to a coworking space in Dubai. In addition to that, DTEC offers these digital startups assistance with business formation once they have completed the program.
The Dubai Smart City Accelerator powered by the Intelak incubator and Startupbootcamp are two initiatives that DTEC offers to give early-stage entrepreneurs a head start in bringing about change in the future.
2. DTEC Ventures
DTEC Ventures is a division of DTEC. It is also the venture capital fund of Dubai Silicon Oasis Authority. Different investors make investments in early-stage technology startups situated in the MENA region that are facilitating or challenging traditional industrial sectors.
DTEC Ventures is playing its role in the DTEC ecosystem by providing access to startup funding. The mission of potential investors is to contribute to making DTEC and Dubai the largest tech hub and the leading destination for fresh entrepreneurs in the Middle East.
They invest in talented, passionate, and ambitious technology founders and teams to build tech companies with value, impact, and utility in the region. They make investments in firms that make business and consumer software.
3. Coworking Space
DTEC is a creative coworking place where entrepreneurs can launch a new company in Dubai, work together, make connections, and execute their unique business ideas. They provide a distinctive location and cost-effective business setup packages for you to launch your entrepreneurial career in a modern country like the UAE.
In order to serve both entrepreneurs and well-established startups, DTEC provides private office workspaces, hot desk coworking, and fixed desks at affordable prices. You can contact business setup consultants in Dubai such as Riz and Mona to get more information on the pricing of Flexi desk offices, private offices, and fixed desk offices.
It will allow you to focus on the most crucial elements of managing your company and putting your business ideas into action. We will also assist you in establishing your new company in DTEC, Dubai.
Benefits of Investing in DTEC
DTEC has a lot to give to investors as well, which may include:
- Test labs
- Easy and quick business setup
- Investment Support
- Venture Capitalists
- Easy license and visa services
- Huge area with creatively designed business infrastructure
- Corporate partner labs
- 24/7 access with high-grade security
- Gaming room
- Conference centers
- Creative meeting
FAQs – Frequently Asked Questions
What does DTEC mean?
DTEC stands for Dubai Technology and Entrepreneurship Campus. It provides opportunities for tech startups to grow in no time in the UAE.
What is the role of the Dubai Technology and Entrepreneurship Center?
DTEC provides assistance to technology entrepreneurs and offers access to service providers in fields like recruitment, legal, marketing, and finance to help them with starting their businesses in a Dubai free-zone. The campus also assists them with company formation and operations.
Is Dubai a good place for entrepreneurs?
Yes, Dubai is a great place for fresh entrepreneurs. According to the Global Entrepreneurship Index, the UAE just topped the list of the finest places in the world to launch a business. This is mainly because the country provides entrepreneurs with assistance, opportunities, abilities, education, and access to capital.
Is Dubai good for startups?
Dubai is a fantastic option for startups. The emirates provide countless opportunities, facilities, and services to entrepreneurs to start their companies in the UAE.
How can I become an entrepreneur in Dubai?
Following are the steps to follow to become an entrepreneur in Dubai:
- Create a business plan.
- Choose business activities.
- Select the type of business setup.
- Register the business name.
- Apply for the trade license.
- Apply for the visas.
- Open the corporate bank account.
Open Your Company in DTEC with Riz and Mona
DTEC has played an integral role in the expansion of the startup ecosystem in the UAE, creating jobs and connecting entrepreneurs who are driving the UAE economy’s digitalization.
By assessing your exact business needs, Riz and Mona will assist you with the company formation in DTEC.
We will help you choose the right business setup package and business activities in DTEC to suit your needs. Contact us now and our company formation experts will assist you.