Sheraa Has A Big Month As It Aims To Make Sharjah A Startup Hub

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Sharjah Entrepreneurship Centre (Sheraa)—a launch pad for aspiring entrepreneurs in Sharjah and the UAE—has partnered with budget carrier Air Arabia to launch a ‘travel and tourism’ track at it’s co-working space.

This presents an opportunity for new entrepreneurs to learn from an organization that plays a crucial role in the region’s aviation sector, said Najla Al-Midfa, general manager of Sheraa.

Travel and tourism—which encompasses aviation, hospitality, and culture—presents a broad scope of opportunities for new entrants, Al-Midfa said.

Entrepreneurs interested in the travel and tourism sector can undertake mentorship sessions at the Sheraa hub. Air Arabia will also provide seed funding for incubator teams.

Sheraa’s incubator program was launched in March 2017, and a four-month accelerator program begins in September 2017.

Sheraa also recently joined hands with Sharjah Airport International Free Zone (SAIF Zone) to offer discounted free zone licenses to accelerator teams.

As per the pact, SAIF will provide discounted two-year free zone licenses to startups using Sheraa’s headquarters at the American University of Sharjah as their premises.

The collaboration with SAIF Zone gives accelerator teams a great platform with the free zone license to move ahead quickly with operations to reach out to customers, Al Midfa said.

Saud Salim Al Mazrouie, director of SAIF Zone and Hamriyah Free Zone Authority (HFZA), said that the pact will promote public-private sector collaboration and help create a new generation of investors, accelerators, and entrepreneurs.

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