GlassQube Coworking, NYUAD sign MoU to develop SMEs and startups

GlassQube Coworking and New York University Abu Dhabi (NYUAD) have signed an MoU aimed at developing the SME and startup ecosystem in Abu Dhabi.

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Workspace

This MoU follows the 2016 launch of GlassQube Coworking, a unique initiative which offers a range of flexible workspaces to suit the needs of local SMEs and startups seeking co-working space, private offices, meeting rooms and event space.

The new partnership provides a framework for GlassQube and NYUAD, through its startAD entrepreneurship platform, to share resources, expertise and knowledge to build and introduce shared initiatives that strategically support the development and growth of the SME and startup ecosystem in Abu Dhabi.

Important step

Entrepreneurship

This agreement is an important step towards building strategic partnerships across the community to cultivate local entrepreneurship and promote technology development and innovation. GlassQube will provide expertise and support on matters of small business formation, operations and strategy and professional networking to members of the NYUAD and startAD community.

NYUAD, through the startAD entrepreneurship platform, aims to offer GlassQube members access to entrepreneurship training and skills development during the early stages of company growth.  NYUAD and GlassQube will also collaborate on supporting activities and will jointly promote related programs and initiatives through their respective channels and digital platforms.

Entrepreneurial ecosystem

Bernard Lee, co-founder and CEO of GlassQube Coworking, said: “This partnership is aligned with our continued effort to grow the entrepreneurial ecosystem and diversify the domestic economy. We are fully dedicated to support all of our partners who share this vision with us.”

NYUAD vice-provost for entrepreneurship and innovation and managing director of started, Ramesh Jagannathan, said: “We are thrilled to join hands with local partner GlassQube Coworking to help foster the SME and startup ecosystem by providing above all a sense of community, in addition to education, networking and work space for budding entrepreneurs.”

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