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Sharjah Innovation Park launches 'Innovators Package'

July 12, 2021 / 5:29 PM
Hussain Al Mahmoudi, CEO of SRTI Park
Sharjah 24: Supporting start-ups and the growth of innovation-driven companies in the region, the Sharjah Research Technology and Innovation Park (SRTI Park) has launched the ‘Innovators Package’, offering the most economical full-service innovative ecosystem in the region.
Starting from Dh6,000, start-up companies can set-up an office at SRTI Park and enjoy the perks of industry-specific support system. SRTI Park ecosystem is thriving with Industry 4.0 success stories and has fostered the launch of the ventures within the Industry 4.0 space. In addition, the park also has Sharjah Open Innovation Lab, a rapid prototyping makerspace for the business community to build their capacity. 
 
Benefits of setting up an office at SRTI Park include assistance in new company formation same day licensing service, having a business license with two activities. There is also an option to have two shareholders plus the flexibility to upgrade.
 
It is 100% tax free and allows 100% foreign ownership with 100% repatriation of profits. Bank account opening can be accomplished in less than a week, with award winning business concierge as well as friendly and uncomplicated service.
 
SRTI Park is a very conducive and safe working environment with free parking for everyone and award winning designed office environment.
 
The park also provides support with government approvals and access to state-of-the-art lounges and meeting facilities as well as access to networking events.
 
Start-ups can have access to the prestigious Sharjah Open Innovation Labs and assured of enjoying world-class infrastructure at their fingertips. 
 
Fastest growing innovation park
Hussain Al Mahmoudi, CEO of SRTI Park, said: “We are pleased to offer this Innovators Package and we encourage start-ups to take advantage of this golden opportunity.” 
 
“An innovator is a person that wants to change the world they live in for the better. Change comes naturally to an innovator. Progress is what they see ahead of them. And it is natural for innovators to rush to register their startups at SRTI Park, which is the fastest growing innovation park in the region,” he added.
 
Early this year, SRTI Park has launched Sharjah Angel Investors Network. Al Mahmoudi noted: “This is yet another testament to investors’ confidence in the SRTI Park and the startups operating in it. We strongly support entrepreneurs in the emerging technologies field through the development of global economic groupings in the UAE in the fields of innovation, creativity, and design and the provision of capital in early stages to turn the idea into functioning business, making the local companies among the best in the world in technology and advanced services.”
 
Welcome to SRTI Park
Al Mahmoudi added: “Most innovators know that SRTI Park has an ecosystem that can support the birth of their start-ups and innovation by providing access to the academic resources of 22 educational institutions next door plus access to markets across the world. We also provide local and regional government support, access to land and state of the art labs for piloting, prototyping and so much more.”
 
He continued: “We call on start local and regional entrepreneurs as well as global start-ups to scale up their businesses through education, mentorship, and financing provided by the SRTI Park ecosystem and network. Come join us at SRTI Park.”
July 12, 2021 / 5:29 PM

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