DemoCamp 2010 gears up for new edition

By on October 14, 2010
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To be held on 24th November at Dubai Internet City.

Press release:
Dubai Internet City today announced it is gearing up to organise and host the sixth edition of DemoCamp Dubai, the concept conference that aims to open up creative communities for tech entrepreneurs, students, professionals and engineers.

DemoCamp Dubai 2010 that will be held on 24th November at Dubai Internet City will provide passionate developers and entrepreneurs a chance to come together and demonstrate some of the most impressive technological inventions with a strong business case. The informal style conference will also give them an opportunity to obtain valuable feedback from a like-minded audience comprising venture capitalists and angel investors.

Open from 6.30pm – 9.00pm, DemoCamp Dubai 2010 will witness six demonstrations from budding entrepreneurs.

Majed Al Suwaidi, Director – Business Development, Dubai Internet City and Dubai Outsource Zone said: “Technology is no longer limited to being used in large enterprises or in a sophisticated environment. Young innovators and entrepreneurs are constantly experimenting to make technology simple, easy to use and with a strong business case. This change has invited investors from global markets to invest in the Middle East. The venture capitalists that help turn dreams into reality in their quest for talent also contribute to expanding the business potential beyond local markets.

“More entrepreneurs have realised the rationale behind participating in events such as the DemoCamp. It becomes a common platform to meet professionals, get inspired and educated. As investors get a preview of the early stages of the project, they are able to provide an insight and feedback, helping the young entrepreneur in the long run.”

Applicants will be screened by a panel of industry experts, including the organisers and business partners of DIC. Shortlisted applicants will be required to demonstrate their product and highlight its market opportunity, stage of corporate development, and identify the competitors. Demonstrations need to convey working software, hardware, network services and other features.

Interested emerging entrepreneurs or participants are invited to submit their demos or register at www.democampdubai.org.

Yebab.com, a unique online wedding directory in Arabic targeting the UAE market, is a perfect example of the success of DemoCamp Dubai. The company received funding from the first session at DIC in March 2010.

Murshed Mohamed, CEO of Yebab.com, said: “Our unique concept received support and subsequently the funds required to expand our operations. It was a huge opportunity for a startup like Yebab.com. Such camps will pave the way for nurturing more entrepreneurs in the UAE and encourage them to innovate and explore fresh avenues for business growth.”

DemoCamp Dubai is part of the ICT cluster’s ongoing efforts to drive innovation and entrepreneurship in the region. A large number of start-ups and SMBs are currently part of the FirstSteps@DIC business center, an initiative that aims to allow new companies to test the market before committing to establishing a larger foothold in the region.

At the forefront of the region’s ICT industry, Dubai Internet City remains committed to supporting emerging technology trends in the region and continues to play an instrumental role in developing the industry while contributing to Dubai’s drive for creating a knowledge-based economy.


About

Mufaddal Fakhruddin is the Editor for IGN ME and thinks writing in third person about himself in an about me section is weird.

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