Ras Al Khaimah Free Trade Zone (RAK FTZ) has announced the launch of the RAK FTZ Startup Champ Competition. The competition challenges aspiring businessmen to present their innovative and unique business plans for a chance to win a business set-up package.
The official announcement of the competition coincided with the monthly Arabian Business StartUp Academy workshop.
“RAK FTZ organised the Startup Champ Competition to encourage creativity and innovation among startup entrepreneurs. This initiative is focused on nurturing new innovators, and helping them become tomorrow’s business leaders,” said Ahmad Numan, Director of Marketing and Corporate Communications, RAK FTZ. “The most promising candidate will be rewarded with a business set-up package at RAK FTZ, including a business licence, a world-class facility and comprehensive business support services that are specifically designed to sustain startup growth.”
The competition is open to all aspiring entrepreneurs who can submit their business plans beginning 17 August, and no later than 17 September 2015 at www.rakftz.com/champ. The awarding ceremony of the successful candidate will be held at the free zone’s newly opened Boulevard Business Centre in Downtown Dubai, which provides a complete range of services for both existing and prospective RAK FTZ clients.
Mr Numan said: “We have the utmost respect for small and medium-sized enterprises as they have always been a major contributor to the diverse economy of Ras Al Khaimah and RAK FTZ. The RAK FTZ Startup Champ Competition is our way of showing relentless support to existing and future SMEs in the region.”