Masdar City Launches Tailored Business Packages To Support Startups And SMEs In Abu Dhabi
Masdar City, a sustainable urban community and free zone in Abu Dhabi, has launched two new business packages: Start Lite and Business One. These packages are designed to attract various companies, simplify the business setup process, and align with Abu Dhabi’s Vision 2030 to promote a resilient, innovation-driven economy.
The Start Lite Package is tailored for startups and entrepreneurs. It offers business setup starting from AED3,500, allowing up to three business activities without any visa quota. Meanwhile, the Business One Package targets established and expanding companies. It provides setup starting from AED17,500, enabling up to five business activities and includes one free visa for the company's lifetime.
Both packages offer streamlined registration processes, Smart Station leases for flexible workspaces, and comprehensive support services. This ensures businesses can start and operate smoothly. Masdar City plays a crucial role in supporting Abu Dhabi's economic diversification goals as part of the UAE’s Falcon Economy and Vision 2030.
Abu Dhabi Business Week (ADBW) is hosted by the Abu Dhabi Chamber of Commerce and Industry (ADCCI) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO). The event brings together over 150 speakers and 8,000 participants to focus on growth, partnerships, and sustainability.
Masdar City fosters collaboration across key industries such as energy, artificial intelligence, life sciences, mobility, and space technology. It is home to more than 1,100 companies including global leaders like Siemens Energy, G42, Beamtrail, Insilco Medicine, the Advanced Technology Research Council (ATRC), and the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI).
"Masdar City is committed to supporting Abu Dhabi’s vision for economic diversification by creating tailored solutions that empower businesses to grow and thrive," said Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City. "The launch of these packages is another step toward addressing the evolving needs of the business community while contributing to the emirate’s innovation-driven goals."
The newly introduced packages cater specifically to startups, SMEs, and growing enterprises. They aim to address their unique needs while contributing to Abu Dhabi's broader economic objectives. These initiatives reflect Masdar City's dedication to fostering an environment conducive to innovation and collaboration.
With inputs from WAM
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