HE Eng. Majed Al Mesmar, Chairman of the Board of Trustees of the ICT Fund, Deputy Director General of TDRA: “TDRA is committed to realizing the UAE’s visions by preparing qualified and trained national cadres to lead the development process in ICT-related sectors TDRA is represented by the IKT Fund organizes training programs that enhance youth performance in the Emirates and provide them with the knowledge and skills necessary to enter the job market and achieve leadership and success. “
SE Al Mesmar added: “This program aims to empower the UAE’s economic sectors with young Emirati entrepreneurs who understand the needs of the UAE market and what constitutes Emirati society. Those who are scientifically and practically qualified and able to develop new initiatives and projects that promote the economic development of the country, accelerate the pace of production and thus contribute to the goals of the country. In the UAE, we believe that youth is the key force in our race for the future and comes first in various sectors and areas around the world. “
In response, Majed Al Suwaidi, Managing Director of Dubai Media City and responsible for In5 said:
“The UAE business environment is taking a huge step forward with the support of wise leadership and the UAE government. In this regard, we are excited to work closely with TDRA to advance the knowledge and innovation economy and highlight the role of young Emiratis in technology that offers great growth prospects for entrepreneurs, including e-commerce, Internet of Things, cloud computing and Big Data, cybersecurity, robotics, artificial intelligence, 3D printing and more. “
He added, “Since its inception, In5 has enabled more than 350 startups to grow and thrive, contributing more than AED 465 million in direct funding from multiple sources. We are confident that our youth will set new examples of success in the Emirates. “
The UAE’s entrepreneurship program includes several training courses and workshops to create task teams, study market needs, and identify the future product. The program also includes meetings with international entrepreneurs and experts to discuss key issues in business and entrepreneurship with students. The program also includes bi-weekly assessments to review and evaluate projects of the participating students, identify strengths and weaknesses, and develop them in line with future market needs, based on future foresight studies.
In 2007 TDRA launched the ICT Fund, the first of its kind in the Arab world, to achieve rapid, progressive and concrete developments in the ICT sector in the UAE. In supporting sector innovations in the country, the ICT Fund has had numerous successes in the areas of intellectual capital, technology leadership, smart research, innovative ideas and start-up incubation.
The In5 Business Incubator was founded in 2013 with the aim of giving entrepreneurs and start-ups throughout the region the opportunity to set up and develop their businesses. It offers state-of-the-art centers, facilities, equipment and access to prototype laboratories, 3D printers and studios. It also provides support, guidance and guidance through various training programs and a panel of more than 20 experts representing local and international businesses.
About the General Authority for the Regulation of the Telecommunications Sector (TRA)
The General Authority for the Regulation of the Telecommunications Sector in the United Arab Emirates was established under Federal Law No. 3 of 2003. Their roles are divided into two key areas: regulating the telecommunications sector, enabling governments to transform and improve cybersecurity to protect society and contribute to the promotion of happiness and quality of life.
In the area of regulation, the TRA’s role is to ensure the provision of excellent telecommunications services, develop the industry, protect the interests of the parties, implement relevant political and regulatory frameworks, develop human resources and promote R&D to make the UAE a leading region secure and global place in the telecommunications sector.
In the area of enablement, according to Act No. 3 of 2011, the TRA is responsible for monitoring the e-government federal government of the UAE. Since then, the TRA has been responsible for the digital transformation of the federal government through two strategic goals: improving the smart lifestyle and managing the intelligent technological infrastructure in the UAE.
More information is available at: www.tra.gov.ae.
© Press release 2021