Empowering Future Emirati Entrepreneurs: A New Partnership
In a significant move to foster a new generation of business leaders, the Higher Colleges of Technology (HCT) has teamed up with the New Economy Academy to launch a comprehensive entrepreneurship training program. This initiative, part of a wider national campaign directed by Sheikh Mohammed bin Rashid Al Maktoum, aims to equip 2,000 HCT students with the practical tools needed to launch and manage their own startups. By training 400 students annually over the next five years, the program serves as a critical pillar in the broader goal of preparing 10,000 Emiratis to navigate the complexities of the modern business world.
The curriculum is designed to move beyond theory, offering hands-on guidance on vital topics such as UAE corporate regulations, tax requirements, and the strategic use of artificial intelligence in product development and management. Beyond technical skills, participants will learn the nuances of market analysis—helping them identify viable gaps rather than pursuing saturated concepts. The program culminates in a pitch session where students present their ideas to an expert panel, potentially unlocking further support to bring their ventures to life. Ultimately, this collaboration shifts the focus from traditional employment to self-driven innovation, encouraging students to view entrepreneurship as a sustainable and rewarding career path both during and after their time at HCT.