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Franchising and entrepreneurship summit concludes in Abu Dhabi

United Arab Emirates: Saturday, June 25 - 2011 @ 09:42

The event centred on spotting and selecting new and growth business opportunities for entrepreneurial Startup and franchise ventures in UAE and the Middle East region. It is endeavored to create opportunities for interested investors and entrepreneurs to network, forge alliances and learn about new products, services and trends in the region’s business environment.

The conference addressed the needs of the start-up business investors and entrepreneurs by offering all inclusive platform to discuss issues like global and regional business opportunities and franchise ideas for ME entrepreneurs, business planning strategies, market appraisal for ideas, innovation, and other intangibles, insights on growth financing, business ideas for small enterprise, protecting innovative business ideas and avoiding start up stage failure and also cater to growth entrepreneurs by discussing importance of R&D, getting family business growth ready and business model founding, strategic planning for regional and International growth dynamics of entrepreneurship and innovation, market and financial impact in growth stage and its structuring, continuous new product development, development processes, and service design, patents, licensing and intellectual property, benefits of collaborations and clusters, business ethics and good governance, benchmarking and business plans, leadership and team building.

As per a study conducted by the Global Entrepreneurship monitor which classified the UAE as among innovation-driven economies with a 38% increase in start-up businesses & With SMEs comprising 46%x5x of the economy. Entrepreneurship has been ranked as the most critical component of Abu Dhabi Vision 2030.Across Abu Dhabi & the Arab world, multifold initiatives are being undertaken by the Government to encourage youth to innovate and start their own enterprises. Some of the key speakers at the conference were Hani Hossni (HSEQ Manager, Abu Dhabi Distribution Company), Sunil Bahri (CEO, Kaizensox & Director Finance, Dubai Quality Group), Dr. Kanak Madrecha (Advisor-Corporate Excellence Div. – Municipality of Abu Dhabi, Mamur Mustafa (Managing Director, Firefly Konsulting FZE), Ms. Vandana Gandhi (Director, British Orchard Nurseries) among others.

The entrepreneurship conference is designed to stimulate new ideas and the sharing of best practices in entrepreneurship & business startup & growth with an in-depth analysis of entrepreneurship opportunities and challenges in the United Arab Emirates (UAE).

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Saturday, June 25- 2011 @ 9:42 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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