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Innovation License and the Thriving Innovation Hub: BARID

By  Donna  ·  2 minute read

BARID, the innovative provider of digital mailboxes, has successfully secured the DIFC Innovation License, thus joining the dynamic community at the DIFC Innovation Hub. Enabled by the Dubai International Financial Centre (DIFC), this licensing agreement opens up a world of opportunities for BARID within the largest financial innovation ecosystem in the region.

The DIFC Innovation Hub is home to over 700 innovation and technology companies, making it the largest innovation community in the Middle East, Africa, and South Asia (MEASA) region. It brings together growth-oriented tech firms, established innovation enterprises, digital labs, venture capital firms, regulatory bodies, and educational units to create a vibrant and dynamic innovation environment. DIFC has become a crucial part of Dubai's economy, renowned for attracting financial institutions, businesses, and investors from around the world.

The strategically located Innovation Hub aims to create new economic value by promoting innovation, entrepreneurship, and talent across various sectors, particularly in forward-looking industries. BARID will now be able to leverage this significant innovation community to further strengthen its position as a technology leader and expand its innovative initiatives across the MEASA region.

The DIFC Innovation Hub is also home to the first and largest fintech accelerator in the Middle East, Africa, and South Asia (MEASA). As part of this prominent community, BARID gains access to unlimited opportunities and an exceptional platform to collaborate with the region's most established financial service organizations.

For BARID, joining the Innovation Hub means the opportunity to collaborate and exchange ideas with other tech companies, as well as benefit from the shared workspaces and discounted visas that the license offers. BARID's digital mailbox will thus be part of the extensive and dynamic community that the Innovation Hub represents. With the DIFC Innovation License as a key tool, BARID will be able to develop and test its innovative products in a supportive environment, further solidifying the company's position as a leading player in digital communication in the MEASA region. Supported by accelerator programs, licensing services, shared workspaces, and a welcoming community of like-minded individuals, the DIFC Innovation Hub provides a comprehensive and supportive framework to facilitate BARID's progress and success in the rapidly evolving technological landscape.

Why DIFC?

  • Access to a large innovation community: BARID gains access to a dynamic community with over 700 innovation and technology companies, enabling collaboration and idea exchange.

  • Strategic location for economic value: Through the strategic location of the DIFC Innovation Hub, BARID can create economic value by fostering innovation, entrepreneurship, and talent across various sectors.

  • Fintech accelerator: BARID becomes a part of the largest fintech accelerator in the MEASA region, providing unlimited opportunities and a platform for collaboration with established financial service organizations.

  • Collaboration opportunities: The Innovation Hub facilitates collaboration and networking with other technology companies, offering shared workspaces and discounted visas to support collaboration and growth.

  • Supportive environment for innovation: BARID benefits from the supportive environment of the Innovation Hub, including accelerator programs, licensing services, and shared workspaces for the development and testing of innovative products.

  • Leading position in digital communication: By utilizing the DIFC Innovation License, BARID solidifies its position as a leading player in digital communication in the MEASA region, providing a competitive advantage in the rapidly evolving technological scene.

Expansion 

By joining the DIFC Innovation Hub, BARID is poised to expand and continue its growth. As part of the dynamic community within the Innovation Hub, BARID has the opportunity to benefit from collaboration with over 700 innovation and technology companies and attract new talents to its team. Leveraging the strategic location within DIFC, BARID can create economic value and promote innovation across various sectors.

With access to the Innovation Hub's fintech accelerator, BARID gains opportunities for unlimited collaborations and a platform to engage with established financial service organizations. This opens doors to new partnerships and business opportunities that can accelerate BARID's progress within the growing technological scene in the MEASA region.

Source: BARID & Dubai International Financial Centre.