The University of Dubai has announced plans to open its Entrepreneurship and Innovation Centre in January.
The project, which has been undertaken in partnership with San Diego State University's Centre for Information Convergence and Strategy, CICS, aims to provide an incubator environment for innovation and research.
The centre will provide opportunities for students and researchers to work on innovative projects with the support of experts based on ground realities, and contribute to the UAE's sustainable economic development.
Dr. Essa M. Bastaki, President of the University of Dubai, said the research centre represents a quantum leap for the university in the academic sector in the UAE, and comes within the framework of the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to make universities into innovation centres that can contribute to the development of services that meet international best standards.
Akshay Pottathil, Director of the centre, said the solutions provided will exceed the commercial products launched in sectors such as healthcare and finance. It will therefore provide a strong platform for long term sustainable economic development and create new sources of income, diversifying from traditional sources such as oil and gas.
He said the centre's areas of focus are tourism, healthcare, security, information technology, trade and finance. He also pointed out that the centre will be open for research projects to everyone and not just to the students of the University of Dubai.