Partnership
Strategic Partnership signed between DMCC and KISED (창업진흥원)
Written by Chiara de Caro, 28. February 2024DMCC has signed a Memorandum of Understanding (MoU) with the Korea Institute of Startup and Entrepreneurship Development (KISED), embarking on a long-term collaboration aimed at fostering innovation and empowering entrepreneurship.
DMCC and the Korea Institute of Startup and Entrepreneurship Development sign a high-level agreement at the global Investopia Summit.
With a focus on startup growth and innovation, this latest move also solidifies DMCC’s business network in South Korea, further deepening the flow of trade, investment, and commercial opportunities between both regions. The agreement follows key partnerships announced by DMCC in 2023 with the Korea Blockchain Industry Promotion Association (KBIPA) and Seongnam City.
Ahmad Hamza, Executive Director – Free Zone, signed the agreement on behalf of DMCC, while KISED was represented by Janghoon Lee, Vice President, KISED. The signing ceremony took place today in the presence of high-level government officials from both the UAE and Korea, including H.E. Abdullah bin Touq Al Marri, Cabinet Member and UAE Minister of Economy, and Daehi Lee, Deputy Minister - Ministry of SMEs and Startups, at Investopia in Abu Dhabi.
The strategic agreement encompasses a wide range of important initiatives for startups, including cross-border development opportunities through mentorship programmes and participation in international events, in addition to the exploration of new joint ventures and partnerships. DMCC is also sponsoring a dedicated programme for exceptional Korean startups to enter the UAE market, organised by AGCC.
Ahmad Hamza, Executive Director – Free Zone, signed the agreement on behalf of DMCC, while KISED was represented by Janghoon Lee, Vice President, KISED. The signing ceremony took place today in the presence of high-level government officials from both the UAE and Korea, including H.E. Abdullah bin Touq Al Marri, Cabinet Member and UAE Minister of Economy, and Daehi Lee, Deputy Minister - Ministry of SMEs and Startups, at Investopia in Abu Dhabi.
The strategic agreement encompasses a wide range of important initiatives for startups, including cross-border development opportunities through mentorship programmes and participation in international events, in addition to the exploration of new joint ventures and partnerships. DMCC is also sponsoring a dedicated programme for exceptional Korean startups to enter the UAE market, organised by AGCC.
"Together, we will unlock new commercial opportunities, empowering entrepreneurs to shape the future of business on a global scale."
Ahmad Hamza, Executive Director – Free Zone, DMCC, said:
“This strategic partnership with KISED is further testament to DMCC’s commitment to driving global innovation and entrepreneurship through international collaboration. By creating a platform for exchanging knowledge and expertise, we are not only building an environment ripe for startup success but also laying the groundwork for sustainable economic growth. Together, we will unlock new commercial opportunities, empowering entrepreneurs to shape the future of business on a global scale."
“This strategic partnership with KISED is further testament to DMCC’s commitment to driving global innovation and entrepreneurship through international collaboration. By creating a platform for exchanging knowledge and expertise, we are not only building an environment ripe for startup success but also laying the groundwork for sustainable economic growth. Together, we will unlock new commercial opportunities, empowering entrepreneurs to shape the future of business on a global scale."
"Leveraging the expertise and resources offered by DMCC, we are poised to elevate our support to startups"
Janghoon Lee, Vice President, KISED, added:
“We are delighted to collaborate with DMCC, a leading hub for innovation and entrepreneurship in the Middle East and beyond, in line with our shared dedication to making a meaningful impact on the global startup ecosystem. Leveraging the expertise and resources offered by DMCC, we are poised to elevate our support to startups, providing them with access to a wide range of new markets and opportunities.”
“We are delighted to collaborate with DMCC, a leading hub for innovation and entrepreneurship in the Middle East and beyond, in line with our shared dedication to making a meaningful impact on the global startup ecosystem. Leveraging the expertise and resources offered by DMCC, we are poised to elevate our support to startups, providing them with access to a wide range of new markets and opportunities.”
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