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It’s 2024, and there’s even more need for women in the global business space, and Dubai, UAE, is no stranger to that. Dubai, in particular, has much space for women entrepreneurs to take up and lead, and if you are one aspirational woman looking to enter the business space, there’s no better market to break into than the current Dubai market.
It is projected that by 2030, the share of women in men-led professions, both in technical jobs and in entrepreneurship, will increase by 2x in Dubai. While a lot of women already have pre-decided ambitions and ideas, if you are someone who needs a little push, you are in the right place.
Below, we have compiled a list of ideas that may as well be your free ticket to entrepreneurship in Dubai. Read ahead to see what suits you the best.
The UAE government offers a lot of support and mentorship to women starting out in their entrepreneurial journey. To bring along gender diversity as well as to have more women professionals in niche markets, the Emirates government has come up with all the support possible to foster and help female entrepreneurs break into and rule the markets.
This can be in the form of startup capital, any incentives, an initiative to empower women in niche fields like healthcare (where female professionals are increasingly in demand), or simply an incubation system for startups.
When you are starting out or in the planning phase of your entrepreneurial journey, make sure to look up the schemes, incentives, and any other kinds of support provided by the government for your niche or in general. This will help you a lot in speeding up the initial phases of your startup journey.
Depending on the ideas that you mostly lean towards and the market’s favourability for the same, if you do not already have any prefixed ideas for a business, you can always choose one after doing some market research and considering your personal preferences.
We’ve brought together a few ideas that you might wish to tap into to foray into the entrepreneurial game.
Dubai’s amazing blend of population diversity and love for art. This is a business haven that is yet to see more women entrepreneurs in Dubai enter. This doesn’t only mean product- or brand-based businesses, but also anything related to aesthetics that can be capitalised upon.
For example, opening an art gallery or a studio would bring in patrons of the arts and connoisseurs of the same. Rare pieces might even be eligible for auctioning, and overall, this encourages art and painting all over in our fast-paced generation.
Think of the number of celebrations that happen with the diverse population in the city—what better way to capitalise on them than entering the event planning arena? If you have interesting ideas and thrive on to-do lists, this is your perfect go-to.
Then again, a fashion boutique that does customised jewellery designs is also a hot attraction for women interested in beauty trends and fashion. This can also bring in social media influencers to increase your business rate. Talk about getting the ball rolling’, huh?
If there is one thing that increasingly gets more traction these days, it is self-care for everyone. From baby care to pet care to products, lifestyles, or regimes aimed at both men and women, the world of self-care is a promising one.
So it doesn’t matter if you work on a DIY product for women’s skin care or a fitness regime aimed at overweight dogs; this is a guaranteed road to success. With more and more people understanding the need for self-care in today’s busy world, there is only one straight path to success in this niche.
Tech-savvy women aren’t a thing of the future to aspire for. The future is here and now, and with more women having a background in the STEM field, there is space for more tech innovations and deployment in process-based markets.
Take the supply chain industry as an example. How can a regular supply chain management system be better? Simple, automated technology. While it may be a male-dominated field and may seem daunting initially, with the right kind of network and support, you can easily bring about a technological revolution in any industry you wish to.
Education is something that will never go out of style. That being said, people are always looking to adapt to new ways of learning. Gone are the days when people learned everything theoretically and based it on their imagination. Now, detailed graphics help visualise concepts and theories.
Since parents want only the best for their kids, any EdTech-based initiative is a great way to start. Educational apps are also a great idea to begin in the educational sector, or you can also begin by arranging specialised classes with industry experts for students who are yet to delve into the job market. Either way, you can never go wrong with the education niche.
There are no two ways about the fact that stronger female participation in the workforce results in a stronger economy. The UAE has been trying to inculcate more females into the workforce for years.
While breaking into the market as a female entrepreneur may seem daunting, with the kind of support available in Dubai, it is likely that your entrepreneurial journey will be smoother than you thought.
Take a scenario where a woman who has been doing only household chores most of her life now wishes to open her own art gallery. While the journey may seem difficult at first, with the right professional connections, everything can get easier.
At CDA, we house some of the best professionals suited to manage all kinds of business procedures and everything else that comes along with them, including business setup. So now, when you think of setting up any business, think CDA.
Just make that call, and we will be happy to take you through all legal and financial processes in a smooth fashion.
