One of the toughest challenges in any business set up is getting funded and enough bag of cash to run the business. It is said that “It needs more money to make money” and the statement is proven to be right when the entrepreneurs are interviewed and asked to share their most challenging stories. Even if the idea behind the business is mind blowing or having a good capability to scale the venture, but the initial investment or fund required leaves such many organizations in trouble of either starting the business or not. Mostly nine, among the ten startup in UAE fails due to insufficient fund in the very first year of their business establishment.
By having a minute look towards the problem and the growing economy of Dubai, both; the government and the foreign investors are focusing upon solving the problem to the maximum extent it can be solved. Whereas the governing law of UAE is being altered and many norms are being not applicable for the foreign investors, the angel funders and the venture capitalists, along with the foreign investors are showing interest in the local entrepreneurs and helping them get a big round of funding required to run their business.