The Sharjah Entrepreneurship Centre, or Sheraa as the start-up incubator in the northern emirate is known, started receiving application for its Access Sharjah initiative, from digital start-ups in the publishing space.
The newly launched platform by Sheraa aims connect start-ups in book-related industries to relevant public and private sector investors and entities in Sharjah and across the UAE.
“With a $100,000 prize and connections to key stakeholders, as well as additional benefits, we are excited to provide a landing pad for promising, innovative start-ups looking to scale," said Sheraa chief executive, Najla Al Midfa.
The first edition of the programme will be launched in March, and will focus predominantly on the publishing sector in Sharjah, which was Unesco's designated World Book Capital in 2019 . Subsequent editions will focus on different themes, Sheraa said in a statement on Tuesday.
The top 10 shortlisted start-ups will go through a month-long programme, aimed at helping the businesses to scale up and enter new markets.
Along with the cash prizes the top performing start-up will also have access to a pool of talent from top universities. The programme will also open up networking opportunities with key industrial stakeholders such as the Sharjah Book Authority and the Emirates Publishers' Association, Sheraa said, adding that rent-free co-working spaces and free licensing through Sharjah Publishing City are among the other perks.
Application to Access Sharjah closes on 1 January 2020.
Supporting start-ups and helping them to scale up is the among the top priorities of the UAE government. Different emirates are also running their separate initiatives helping the entrepreneurs bringing their ideas to fruition.
Sheraa, which is Arabic for sail, is Sharjah’s initiative to build a start-up ecosystem in the emirate. It is headquartered at the American University of Sharjah. The incubator has helped founders scale their businesses, through workshops, mentorships, introductions to investors, government partners and corporate entities to help them get access to growth capital.
In neighbouring Dubai, the emirate is also pushing to nurture its small and medium-sized businesses, which accounted for about 46 per cent of the its gross domestic product in 2018, according to Dubai SME report released earlier this month.
Between 2008 and 2017, there was a 6 per cent increase in the contribution of micro, small and medium enterprises to Dubai's GDP, and in the case of SME, the increase was higher at 28 per cent in 2017, from 17 per cent in 2008, according to the government data.
Andor
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LIST OF INVITEES
Shergo Kurdi (am)
Rayhan Thomas
Saud Al Sharee (am)
Min Woo Lee
Todd Clements
Matthew Jordan
AbdulRahman Al Mansour (am)
Matteo Manassero
Alfie Plant
Othman Al Mulla
Shaun Norris
Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
SPECS
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German plea
Ukrainian President Volodymyr Zelenskyy told the German parliament that. Russia had erected a new wall across Europe.
"It's not a Berlin Wall -- it is a Wall in central Europe between freedom and bondage and this Wall is growing bigger with every bomb" dropped on Ukraine, Zelenskyy told MPs.
Mr Zelenskyy was applauded by MPs in the Bundestag as he addressed Chancellor Olaf Scholz directly.
"Dear Mr Scholz, tear down this Wall," he said, evoking US President Ronald Reagan's 1987 appeal to Soviet leader Mikhail Gorbachev at Berlin's Brandenburg Gate.
Tell Me Who I Am
Director: Ed Perkins
Stars: Alex and Marcus Lewis
Four stars
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
UAE currency: the story behind the money in your pockets
Abu Dhabi card
5pm: Handicap (TB) Dh100,000 2,400m
5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 2,200m
6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 1,400m
6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 1,400m
7pm: Handicap (PA) Dh85,000 1,600m
7.30pm: Maiden (PA) Dh80,000 1,600m
The National selections:
5pm: Valcartier
5.30pm: AF Taraha
6pm: Dhafra
6.30pm: Maqam
7pm: AF Mekhbat
7.30pm: Ezz Al Rawasi
First-round leaderbaord
-5 C Conners (Can)
-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);
-2 C Morikawa (US), M Laird (Sco), C Tringale (US)
Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)
Level B DeChambeau (US), J Rose (Eng)
1 L Westwood (Eng), J Spieth (US)
3 R McIlroy (NI)
4 D Johnson (US)
The%20specs%20
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet