Dubai, September 22, 2018: Dubai SME , the agency of the Department of Economic Development (DED) and the company “mark of intellectual property “, signed a memorandum of understanding to support talented entrepreneurs and innovations in the field of intellectual property rights. The signing of the agreement is part of the keenness of the parties to achieve the vision and strategy of the Dubai Plan 2021 aimed to develop the small and medium enterprises to improve them to the best levels, which has a positive impact on the economic, social and cultural levels.
Under the agreement, Dubai SME through the Hamdan Innovation Incubator will coordinate and communicate with the registered members of HI2 willing to create innovative projects or develop products and inventions need to register, then co-ordination with the company “Mark Intellectual property “to provide services related to intellectual property rights at competitive prices includes the following services: registration of trademarks domestically and internationally at the international registration institutions, registration of patents and industrial designs, copyright registration, trademark Search and control.
Through the agreement, the two sides seek to support local companies and improve their services in the local market, both governmental and private, enable the emerging projects to implement the prototypes of inventions by facilitating the process of patenting patents for these inventions, as well as providing A number of services aimed at implementing innovation projects for young citizens.
The MOU was signed by Saeed Matar Al Marri, Deputy executive director of Dubai SME; with the CEO of “Mark of intellectual Property”, and the executive chairman of “tag of IP “, in the presence of directors and officials from both sides.
Commenting on the signing of the MOU, Saeed Matar al Marri said: “The agreement comes under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice president and prime Minister of the UAE and Ruler of Dubai, aiming to make the Emirates among the most innovative countries in the world, in addition to preserving the Prestige That the state enjoys being the first Arab in innovation. Through HI2, the foundation is keen to support entrepreneurs, talent and innovation, which enhances the building of a successful new generation of entrepreneurs. We are delighted to collaborate with “Mark of intellectual property” in the framework of encouraging young citizens to come up with local innovations and inventions by providing a number of services that contribute to the implementation of these innovations.
Abdul Aziz Al Mazmi, Director of Hamdan Innovation Incubator, said: “Dubai SME will continue to pursue the development of entrepreneurship and support youth projects, to give young people opportunities to develop their ideas and skills to form The first building block through the Hamdan Innovation Incubator, which will be interested in supporting the pioneers of creative projects, and work to translate the ideas of young entrepreneurs and their dreams to promote them towards entrepreneurship in all markets “.
“Young people play a big important role in building and developing societies, as they are the basis for development and progress at all levels, most importantly the economic and social levels,” said Saud Abdelaziz Mohamed. We seek to motivate the young generation to innovate in different fields, guide them ,educate them to apply the concept of intellectual property, and through this, we seek to get different pioneering ideas that lead the society to achieve success and progress in its various sectors. It is worth mentioning the economic importance of the intellectual property that our company aims to educate the creator or the owner of the patent and the trademark to benefit from his work and investment and protection from theft or copying and also enable our company to face many challenges in order to continue and excellence “.
Saud Abdulaziz Mohammed added: “We applaud the work of Dubai SME in its important role in encouraging our innovated to work, innovate, persevere, plus create an integrated working environment to establish the concept of cooperation between companies and members of the Enterprise for the benefit Mutual that will add to the community a positive value to be part of our culture in business, industrial and scientific dealings “.
The Hamdan Innovation Incubator aims to achieve huge achievements in the field of supporting innovative projects , providing opportunities suitable for creative youth and enable them to invest their efforts and creativity in them, HI2 is implementing a series of initiatives to ensure access to all groups, through the establishment of partnerships with Intellectual property rights sponsors. It is noteworthy that the HI2 specialized in promoting and supporting the excellence and creativity of youth projects under the patronage and guidance of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, chairman of the Executive Council, in September 2014. HI2 is a incubation center project that has been uniquely developed in the Emirate of Dubai and is located in Dubai’s business village and represents the largest small and medium-sized enterprise gathering in the country. The Center is implementing supportive initiatives to ensure access to all categories.