Masdar City Free Zone introduces exclusive business package for female entrepreneurs

Masdar City Free Zone introduces exclusive business package for female entrepreneurs 

By: Abu Dhabi SME Hub

The new business package is designed to encourage an increase of women-led businesses in the emirate.

Masdar City Free Zone has introduced a new business package exclusively for all women entrepreneurs, to further support the growth of women-led companies in the UAE. The announcement comes ahead of Emirati Women’s Day on the 28th August, which for 2021 is themed, ‘Women: Ambitions & Inspiration for Next 50 Years,’ in line with the UAE’s "Year of the 50th".

Abdulla Balalaa, Executive Director, Masdar City, said, “From its inception, Masdar has valued the integral importance of women in progressing towards a more sustainable future. At Masdar City Free Zone, we mirror this view which is also in line with the UAE governments’ goal of driving greater gender equality and furthering successful sustainable development. For example, in 2017, the UAE government pledged $50m to the Women Entrepreneurs Finance Initiative fund and has introduced several initiatives to further encourage female entrepreneurship, including the Abu Dhabi Businesswomen Council.”

Balalaa continued, “In addition to the number of women in the workforce, in the UAE, women also constitute approximately 70% of university graduates. From next year, this will also include women graduating from Masdar City-based, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world’s first university dedicated to the study of artificial intelligence, and a highly significant area in progressing the global green transition. Masdar City, therefore, provides a unique ecosystem for women, who not only have the opportunity to study, but also the option to establish a business here and become part of an international network of innovators. With these kinds of opportunities, Masdar City Free Zone is an excellent location for women to set up their businesses.”

In addition to the women-specific business package option, Masdar City Free Zone also offers competitive new business packages that offer flexibility for companies to adapt to their businesses specific requirements and are available now to both new and existing businesses.

For more information and details on the new Masdar City Free Zone package for women, click here, or contact the Free Zone team at via email, or call +971 2 653 3333.  

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