FasterCapital, a global online incubator and accelerator, is excited to announce a new funding round in honor of Emirati Women’s Day 2024. This initiative is aimed at empowering female entrepreneurs throughout the UAE by providing financial support to female-led startups. The funding round, which runs from August 28, 2024, to September 30, 2024, seeks to remove financial barriers and help these women scale their businesses.
Hesham Zreik, CEO of FasterCapital, expressed his excitement about the launch of this funding round, stating that by supporting female entrepreneurs, they aim to empower the next wave of women leaders who will drive the UAE’s economic and social progress. Sonia Judith, Program Manager at FasterCapital, emphasized their commitment to providing Emirati women with the resources and support they need to succeed in a competitive business environment.
Selected startups will benefit from financial and legal support, mentorship, networking opportunities, and access to strategic resources to accelerate their growth and impact. For more information on eligibility criteria, the application process, and the benefits of the program, interested parties can visit FasterCapital’s website or contact their team.
Emirati Women’s Day, celebrated annually on August 28, recognizes the contributions and achievements of Emirati women in various sectors, highlighting their vital role in the development and progress of the UAE.
FasterCapital, known for offering technical and business development services in exchange for equity, also assists startups and SMEs in raising capital by providing comprehensive support and guidance throughout the process. The company is located at Grandstand, 0612, 6th floor, Meydan Freezone, Meydan Road, Nad Al Sheba, Dubai, and can be contacted via their website or email.
In conclusion, FasterCapital’s new funding round is a testament to their commitment to nurturing innovation and entrepreneurship among Emirati women, in line with the UAE’s vision of achieving gender balance and fostering economic diversification. This initiative aims to support female entrepreneurs in scaling their businesses and becoming leaders in driving the nation’s progress. Apply now and join the movement towards empowering female entrepreneurs in the UAE.
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