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Dubai / Emirates Business
Dubai SME, the agency of the Department of Economic Development mandated to develop the Emirate’s small and medium enterprise (SME) sector, and Al Tamimi & Company, the largest law firm in the Middle East which specialises in patents and innovations, have signed a memorandum of understanding (MoU) to support entrepreneurial innovations and patents.
The MoU reflects both parties’ commitment to achieving the UAE’s vision to enable the SME sector to make a positive impact economically, socially and culturally. Saeed Matar Al Marri, Deputy CEO, signed MoU on behalf of Dubai SME while Ahmad Saleh, Regional Director in charge of Patents, Industrial Designs, R & D and innovation, and Omar Obeidat, Partner and Head of Intellectual Property Department, signed for Al Tamimi & Company.
The agreement will allow aspiring entrepreneurs to implement prototypes of their projects under patent protection.
The Hamdan Innovation Incubator (Hi2), an initiative launched by Dubai SME, will co-ordinate with Al Tamimi & Company to patent innovations of registered members and provide legal services to protect their intellectual property.
“Dubai SME’s Hamdan Innovation Incubator is focussed on enabling UAE youth to invest their efforts and creativity in innovative ventures, thereby grooming a generation of successful entrepreneurs. This is the latest Dubai SME initiative designed to promote innovative start-ups and protect intell-
ectual property,†Al Marri said.