<p>Opening a business in Dubai is only the first step to success. But to earn more money, you need money. In this article, we will consider questions of financing start-ups in Dubai.<br /> <br /> In fact, any business is based on money. From the beginning, strategic use of funds determines the size of your company's profits in the long term. This makes financing or initial investment the most important part of a startup.<br /> <br /> Now any entrepreneur believes that the most important thing is to find and determine a business financing option. Problems such as the lack of venture capital and high rates for bank loans are a serious obstacle for start-ups, small and medium-sized enterprises.<br /> <br /> Fortunately, Dubai's business environment provides many financing options, and ease of access and relatively less time-consuming approval of initial investments make Dubai one of the best cities in the world to open its own business.<br /> <br /> Let us look more closely at funding types that can be considered an entrepreneur starting a business in Dubai.</p><p> </p><p><b>Self-financing when starting a business in Dubai</b></p><p>If an entrepreneur has any personal savings, it can be used for start a business in Dubai.<br /> According to the business plan calculations entrepreneur can make their own. And our experts can help with the calculation of expenses such as the registration of a local company costs in the UAE, or to register the company in the UAE in the free zone, the opening of a corporate bank account in Dubai for an investor resident <span style="font-family: Calibri;" face="Calibri"><span style="font-size: medium;" size="3">visa UAE and for the issuance of UAE workers' residence visas for employees. It should be noted that the UAE has a WPS payroll protection system and it will be necessary to transfer funds to returnable salary deposits.</span></span></p><p> </p><p><b>Crowdfunding or an equitable investment when starting a business in Dubai</b></p><p>Equitable financing is one of the best ways to meet the ideal investor for your startup. This is a type of debt financing, which allows to borrow money without the intervention of the financial institution.<br /> <br /> As an example, here are several online platforms in the UAE, are worth considering:<br /> <br /> <b><i>Beehive</i></b> is the first in the UAE online trading platform for equitable lending. Beehive directly connects businesses looking for finance with investors. You can register your business on Beehive by link: <em><a href="https://business.beehive.ae/UAEAccount/Register" target="_blank">https://business.beehive.ae/UAEAccount/Register</a></em>.<br /> <b><i>Eureeca</i></b> is another popular crowdfunding platform in the UAE. This is the first global platform for crowdfunding shares, headquartered in Dubai. The platform allows participants of its investor network to buy shares in growth-oriented companies while providing companies with access to capital. You can register via the link: <em><a href="https://eureeca.com/CrowdInvesting/Entrepreneurs/English" target="_blank">https://eureeca.com/CrowdInvesting/Entrepreneurs/English</a></em>.<br /> <b><i>Zoomaal</i></b> was created by four major Arab investors, и It is an excellent resource for entrepreneurs who are event organizers, creators, scientists, engineers, web and mobile developers, designers, video producers and public figures. To become a part of this platform, you can click on the link: <em><a href="http://www.zoomaal.com/start/signup" target="_blank">http://www.zoomaal.com/start/signup</a></em>.</p><p> </p><p><b>Use of bank loans when opening a business in Dubai</b></p><p>Almost all major banks in the UAE offer good lending options for start-ups and entrepreneurs at favorable interest rates. Any bank in which you already have a current account or even new banks can provide you with a variety of lending options. You can get flexible plans of installments from several months to two years.<br /> <br /> In addition to the usual loans for start-ups, there are also funds for start-ups managed by local banks, which are also worth considering. Mohammed Bin Rashid Innovation Fund (MBRIF) government fund has recently been established. This is an initiative of the Ministry of Finance of the UAE, which is managed by the Development Bank of the Emirates and offers direct loans corresponding to the Shariah. More information: <em><a href="https://www.mof.gov.ae/En/About/programsProjects/Pages/MohamedBinRashidInnovationBox.aspx" target="_blank">https://www.mof.gov.ae/En/About/programsProjects/Pages/MohamedBinRashidInnovationBox.aspx</a></em></p><p> </p><p><b>Attracting investors when starting a business in Dubai</b></p><p>Investors when starting a business in Dubai are private or legal entities that provide capital to start a business, usually in exchange for a convertible debt or equity interest. As the entrepreneurial ecosystem in Dubai has flourished in recent years, the number of investors has also increased.<br /> <br /> In Dubai and the UAE there are a number of private individuals who invest in start-ups. The list of such persons can be found here: <em><a href="https://angel.co/dubai/investors" target="_blank">https://angel.co/dubai/investors</a></em>.<br /> <br /> If you are a woman entrepreneur, you need to take into account that in Dubai there are a number of investors who invest in women's start-ups. WAIN and WOMENA investor group are the most active investors in this area.<br /> <br /> <b>Incubators and accelerators that help in opening a business in Dubai</b><br /> Dubai is known for specialized places for entrepreneurs, where initial investments, training and assistance in starting a business can be provided if necessary. Dubai incubators and accelerators not only provide paid services, but also have the ability to provide your company's initial investment.</p>