DMCC & AstroLabs Boost Business Startups to Expand in Dubai due to Launch of New Tech Hub

The Dubai Multi Commodities Centre (DMCC) and AstroLabs platform have recently launched the Middle East and North Africa’s (MENA) first Google-partnered technology centre. Dubai’s AstroLabs will aid businesses set up within the DMCC while granting access to Google for Entrepreneurs. Google for entrepreneurs is an international and resourceful network.

 

More than 350 businesspeople have already showed interest in AstroLabs new DMCC premises. The 6500 square feet includes five conference and meeting rooms, a Google mobile lab, an events and training unit as well as the 59 Degrees artisan coffee boutique. AstroLabs new premises are found in Jumeirah Lakes Tower in Dubai.

The DMCC has been commemorated with as the Global Free Zone of the Year award by Financial Times FDI magazine.  

The DMCC strives in creating an innovative and contemporary environment where startups have the ability to create, innovate, expand and thrive. With DMCC’s newest addition, the AstroLabs, which is the only technology hub across the MENA to have collaborated with Google, the free zone is facilitating talented entrepreneurs to realize future innovations.

DMCC and AstroLabs cooperation grants startups with fast and subsidized business licenses, company bank accounts as well as helping owners or founders of businesses to gain United Arab Emirates (UAE) residencies. The DMCC grants businesses with 100% foreign ownership. The DMCC has also introduced platforms that allows entrepreneurs to register and receive a business license online, making the whole procedure much faster.

Muhammed Mekki and Louis Lebbos, two local entrepreneurs, founded AstroLabs. During the last two years, Muhammed Mekki and Louis Lebbos have trained hundreds of new startups throughout the MENA. AstroLabs provides technology-linked startups many features including mentoring services, business licenses to establish a business within the UAE as well as a custom co-working space. All of the members of AstroLabs automatically become members of Google for Entrepreneurs Passport Programme. The exclusive programme allows entrepreneurs to access more than twenty Google hubs throughout the world.

AstroLabs has already hosted startups from 27 countries across 15 industries. Currently, AstroLabs is in the process of creating an entrepreneurs community that can compete on an international level. More than 25% of AstroLabs members in Dubai are women.

AstroLabs has already obtained an HR platform as a member. The HR platform is Beneple. AstroLabs is positive that many other members will join and set up businesses within Dubai, thus providing investments and growth. It is important to mention that AstroLabs has already influenced the regional startup network. In December, AstroLabs has already organized an event for Google for Entrepreneurs Exchange Programme, where twelve leading international-recognized travel startups will attend in Dubai.

Dubai, one of the leading emirates, has all the rights features to grow into a top international hub for technology startups.