Dubai: Strathclyde Business School (SBS), the European Entrepreneurial University of the Year 2023, is launching its bootcamp venture creation program in the UAE. Entrepreneurs and start-ups in the country now have the opportunity to join a pioneering venture community. Through a series of intensive one-day sessions starting on 23rd July 2023, participants can collaborate with co-founders, industry experts, and academic specialists to accelerate the growth of their business ideas.
Supporting the UAE’s National Agenda for Entrepreneurship to maintain the UAE’s position as the world’s most entrepreneurial nations (Gem Survey, 2022), the bootcamp is one of the ways that SBS is paving the way for startups to engage with its dynamic and influential venture community. Strathclyde Business School’s award-winning Inspire program of venture creation, is acknowledged as a leading European university-based centre of Entrepreneurship with an exceptional rate of spin out ventures by staff and students.
Named the 2023 Best European Entrepreneurial University of the Year, it has a rare triple accreditation and is the third highest in Scotland for its range of world-leading research. The program aims to promote venture building: it is based on the UAE government agenda and the University’s expertise in fintech, sustainable tourism, future cities, digitization and energy transition. The bootcamps focus on refining ideas and product so they are ‘market fit’, the major factor in startup business success or failure.
Mr. Caroline Whitfield, Academic and Practitioner in Entrepreneurship at SBS stated, “Our sessions support a range of in-demand fields including Spacetech, Water, Agritech, Fintech, Proptech and Sustainable Tourism that fuel the UAE economy. The venture community presents an excellent opportunity for aspiring entrepreneurs to network whilst launching businesses alongside existing ‘real-life’ commitments. Participants will gain practical insights in a structured learning environment. Our evidence-based approach is developed with a deep understanding of market needs, and we’ve carefully timed the first bootcamp to take place in summer, when people are planning their next moves ahead of the busy period.”
The bootcamps offer an output-driven, pitch-free, practical experience led by industry professionals including local entrepreneurs, Strathclyde University experts and investors. They will provide comprehensive coverage on building a business, individualised assistance for entrepreneurs to identify specific objectives and strategies to get market evidence. Participants will also learn to test their product in the marketplace, gather information and evidence, and take the necessary steps to develop it further.