Unified UAE Legislation Database

Dubai launches Ignyte digital platform to scale startups

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

The Ignyte platform is curated by Dubai International Financial Centre (DIFC). It will empower startups and entrepreneurs and connect startups with investors, mentors, service providers, corporate organizations and government agencies.

 

The Ignyte platform aims to:

- support startups from launch to global expansion;
- attract 5,000 venture capital funds and investors, 5,000 vetted mentors and experts, and more than 500 corporate and government partners;
- connect startups with investors so that investors will receive direct offers from startups that will meet their investment requirements; 
- offer service providers the opportunity to announce their offers on the platform to expand their customer base;
- reduce costs for startups with a marketplace that offers personalised recommendations on cloud loans, productivity tools, CRM systems and other services;
- provide opportunities for startups to organise and promote their events;
- organise digital competitions for data scientists, AI-enthusiasts and innovators in artificial intelligence, advanced technologies and machine learning as part of ‘Ignyte Challenges’.

 

 

The platform is...