The Entrepreneurial Nation, an initiative by the UAE Ministry of Economy, has launched the ScaleUp Digitize program in partnership with the Chinese multinational technology corporation, Huawei.
The program is aimed at promoting innovation and the digital transformation of both startups and SMEs in the UAE by enabling them to enhance their digital infrastructure through the adoption of cloud technologies and services.
According to the statement, “The integration of these services are set to expedite their growth to become Unicorns with the ability to compete in local and international markets.”
ScaleUp Digitize falls under the ScaleUp program, which is one of the three main tracks of The Entrepreneurial Nation.
“The partnership with Huawei reflects the UAE’s focus on ensuring the development of its entrepreneurial sector as a major pillar of the new economic model; enhancing its sustainability and agility; and its alignment with futuristic trends based on knowledge, innovation, technology, and digitization,” as per the statement.
These efforts are in line with the Principles of the 50 and the goal to strengthen the UAE’s position as a leading global hub for entrepreneurship, talent, and foreign direct investment (FDI).
The Ministry announced that only 15 SMEs will be selected to participate in the first cycle of the program. Each selected company will receive Huawei Cloud training and vouchers valued at up to $16,335 (AED 60,000).
Furthermore, these vouchers can be redeemed to purchase cloud computing services, cloud storage, cloud network, and cloud database, in addition to receiving hands-on training in Huawei Cloud technologies, AI, and big data tools.
