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Crowdfunding allows innovators and entrepreneurs to tap into collective support to transform the financial landscape for startups and SMEs. Moreover, the thriving economy of the country has accentuated crowdfunding as a pivotal tool for funding diverse projects and ventures. Multiple authorities together form the regulatory landscape for crowdfunding in UAE. For instance, the Central Bank of the UAE (CBUAE), Securities and Commodities Authority (SCA), Financial Services Regulatory Authority (FSRA) in ADGM, and others. Learn about the benefits of crowdfunding for UAE startups from Shuraa consultants.
Crowdfunding in Dubai has become a popular way for individuals and businesses to raise funds for their projects or ventures. In simple terms, crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet.
This method allows for a diverse group of investors to support a project, making it a great way to gather financial support without relying on traditional sources like banks or investors.