DHCC to offer 20% rental discounts in free zones for Emirati entrepreneurs

Thursday, 12 May 2022 15:31

By ARN News Staff

A 20 per cent rental discount is among some of the incentives that Emirati entrepreneurs stand to gain when they establish their business at Dubai Healthcare City (DHCC).

The discount will apply to business units within the freezone during the first five years of the lease contract.

The reduction in rental fees covers medical business units, such as clinics and healthcare facilities, as well as any other commercial units within DHCC.

It comes following a deal inked between the Dubai Healthcare City Authority (DHCA) and the Dubai SME to promote Emirati start-ups in the healthcare and allied sectors.

Additionally, under the agreement, DHCC will dedicate 10 per cent of its procurement budget for purchases from national companies listed with Dubai SME, offering an additional boost for growth and success.

DHCC will also assign select locations within the freezone to host food truck projects free of charge and give access to marketing and customer service support.

"As we strive to invest all our capacities to enable business success in our freezone, it remains equally crucial to support Emirati talent,” said Jamal Abdulsalam, CEO, Dubai Healthcare City Authority.

"This vision consequently drives us to explore new and innovative support schemes to empower homegrown businesses and talents to fulfil their potential in healthcare sector. Signing this MoU with Dubai SME reflects our firm belief in the talent and skills of our Emirati entrepreneurs, and we are proud to empower and support the Emirati entrepreneurs registered at Dubai SME to launch their businesses at DHCC.”

Abdul Baset Al Janahi, CEO of Dubai SME, highlighted how "Dubai has built a competitive start-up ecosystem with abundant opportunities for innovative projects in new and emerging sectors.

"As a sector of strategic focus in Dubai, and growing prominence globally, healthcare is ideally positioned to attract creative and aspiring entrepreneurs in the emirate. Dubai SME is delighted to work with Dubai Healthcare City in promoting Emirati enterprise in healthcare and allied services."

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