In Honor of Emirati Women’s Day 2024, Funding Round Aims to Support Female-Led Startups
In celebration of Emirati Women’s Day 2024, FasterCapital is excited to unveil a dedicated funding round specifically for women entrepreneurs in the UAE. This initiative reflects FasterCapital’s ongoing dedication to fostering innovation and entrepreneurship among Emirati women, as well as supporting female leaders across the region. By offering this funding opportunity, FasterCapital aims to further empower women in the UAE, reinforcing its long-standing commitment to enhancing the role of women in business and innovation within the region.
PC: Entrepreneur
Investing in Female-Led Startups
The proposed funding round aims to provide essential financial assistance to startups led by women in the UAE, helping them navigate financial difficulties and expand their operations. This initiative is a key component of FasterCapital’s broader efforts to align with the UAE’s vision of promoting gender balance and fostering economic diversification. By offering this support, the initiative seeks to empower female entrepreneurs and contribute to the overall economic growth of the country while ensuring that women have equal opportunities in the business sector.
Hesham Zreik, FasterCapital CEO, said, “We are proud to announce this funding round on Emirati Women’s Day, a day that celebrates the great work and achievements of women in our country. In supporting women entrepreneurs, we seek to enable the coming generation of female leaders who will play an active role in advancing the economic and social development of the UAE.”
How to Apply and Benefits of the Program
Applications for this funding opportunity can only be accepted from August 28, 2024, to September 30, 2024. Services provided to selected startups for financial and legal support, mentorship, networking, and access to strategic resources, ultimately accelerating their growth and impact in various ways.
Sonia Judith, the program manager of FasterCapital, stated on the occasion: “The Program shows that we believe in the importance of the Emirati woman and how decisive her role could be to shape the future, so all support and preparation should be given to her to compete in such a competitive business environment.”
Learn More
More details about the eligibility criteria, application process, and program benefits can be accessed from their website or directly from them.
About FasterCapital
FasterCapital is an online global incubator and accelerator that invests in technical development and business development in return for equity. The company also supports and advises startups and SMEs in raising capital at all stages of the process.
