UAE

Sharjah

Members: Sharjah Entrepreneurship Center

Top 10

MENA Ecosystem in Affordable Talent

Top 10

MENA Ecosystem in Funding

Top 15

MENA Ecosystem in Performance
Sharjah continues to grow as a center for purpose-driven entrepreneurship. At Sheraa, our sector-focused initiatives and strategic partnerships support founders and empower the community to build impactful solutions, especially in manufacturing, education, sustainability, and the creative economy.
H.E. Sara Abdelaziz Al Nuaimi
H.E. Sara Abdelaziz Al Nuaimi
CEO, Sharjah Entrepreneurship Center (Sheraa)

Highlights

Sharjah stands as a trailblazing emirate of global significance, driving growth while championing sustainability and culture. Recognized by UNESCO as the Cultural Capital of the Arab Region, it embodies a balance between economic progress and deep-rooted heritage.

In June 2024, startups across MENA secured $116 million in funding, with UAE-based companies accounting for $82.5 million across 15 deals, reinforcing the UAE’s position as a regional investment leader. In Sharjah, this success stems from strategic initiatives, robust infrastructure, and major investments in education and innovation.

At the heart of this ecosystem is the Sharjah Entrepreneurship Center (Sheraa), which has empowered over 20,000 youth and supported 450+ startups, including 180+ through its incubation programs. These startups have generated over $372 million in revenue and raised more than $297 million in capital. With 140+ ecosystem partners and 51% of its ventures women-led, Sheraa fosters inclusive and impactful entrepreneurship.

Sheraa’s sector-focused Centers of Excellence (CoE) drive innovation in sustainability, education, manufacturing, and the creative economy. Headquartered at the Sharjah Research Technology and Innovation Park (SRTIP), Sheraa also leads flagship events and programs like the Sharjah Entrepreneurship Festival and the Access Sharjah Challenge (ASC). The 2024 edition of ASC, held in partnership with the Department of Agriculture and Livestock in Sharjah, focused on AgriTech and Livestock Health, offering $136,000 in prizes and global expansion support and aligned with the UAE’s food security goals for 2051. ASC 2025 will spotlight innovation in education, reinforcing Sharjah’s commitment to shaping future-ready learning ecosystems.

SRTIP hosts key events like ICPM 2025 and Women in Technology Forum 2025, promoting global collaboration. Facilities such as prototyping labs, R&D support, and licensing services complement the support Sheraa offers in the ecosystem.

Ecosystem by the Numbers

ECOSYSTEM VALUE

A measure of economic impact, calculated as the value of exits and startup valuations from H2 2022–2024.
(H2 2022 - 2024)
$1 BN
GLOBAL AVG. $20.4 bn

NUMBER OF UNICORNS 

The number of startups that meet our definition and have been valued at more than $1 billion and have not exited.
(ACTIVE UNICORNS)
0
GLOBAL AVG. 4

SOFT. ENGINEER SALARY

Average software engineer salary informed by data from Glassdoor, Salary.com, and PayScale, as well as local sources when available.
(2024)
$36 K
GLOBAL AVG. $52 K

TIME TO EXIT

The average age at the time of exit in the ecosystem in 2020–2024.
(2020 - 2024)
7.7 YEARS
GLOBAL AVG. 11.2 years

TOTAL EARLY–STAGE FUNDING

The total seed and Series A funding in tech startups in H2 2022–2024.
(H2 2022 - 2024)
$43 M
GLOBAL AVG. $514.8 m

MEDIAN SEED ROUND

The median of seed rounds in tech startups in the ecosystem in H2 2022–2024.
(H2 2022 - 2024)
$600 K
GLOBAL AVG. $889 k

EARLY-STAGE FUNDING
GROWTH

Early-stage funding growth is based on number of seed and Series A rounds raised between 2021-20222 vs. 2023-2024 and calculated on a scale of 1 (lowest) to 10 (highest).
(2021 - 22 VS. 2023 - 24)
10
Scale of 1 (lowest) to 10 (highest)

EXIT AMOUNT

The total value of exits from the ecosystem.
(2020 - 2024)
$69 M
GLOBAL AVG. $8 bn

ECOSYSTEM VALUE GROWTH

Ecosystem Value growth (CAGR) is calculated based on companies founded in the ecosystem in H2 2020–H2 2022 vs. H2 2022–H2 2024.
(H2 2020 - H2 2022 VS H2 2022 - H2 2024)
71%
GLOBAL AVG. -14%

MEDIAN SERIES A ROUND 

The median of Series A rounds in tech startups in the ecosystem in H2 2022–2024.
(H2 2022 – 2024)
$6.3 M
GLOBAL AVG. $6.8 m

TOTAL VC FUNDING

The total VC funding (seed, Series A, Series B+) in tech startups in H2 2022–2024.
(2020 - 2024)
$323 M
GLOBAL AVG. $5.2 bn

EXIT COUNT (#)

The number of exits from the ecosystem.
(2020 - 2024)
8
1
2020
1
2021
3
2022
3
2023
0
2024
GLOBAL AVG. 86

Sub-Sector Strengths

Cleantech
Cleantech

Sustainability is central to Sheraa’s mission, with its CoEs supporting Cleantech startups advancing a low-carbon future. At COP28 in November 2023, Sheraa spotlighted five UAE-based ventures offering climate-positive solutions: Candam Technologies, Green Future Project, Kyma, Manhat, and Leukeather. By nurturing such innovations, Sheraa aligns with the UAE’s Green Growth Strategy. In 2024, ASC, a $136,000 competition organized by Sheraa, focused on AgriTech and Livestock Health, further strengthening Sharjah’s role in sustainable development and advancing the UAE’s food security goals.

Digital & Creative Industries
Digital & Creative Industries

Sharjah Media City (Shams) ended 2024 with major milestones, including a 70% license renewal rate and 95% client satisfaction, supporting entrepreneurs from over 170 nationalities.  Creative Industries, one of Sheraa’s four Centers of Excellence, empowers founders in art, culture, and technology. In February 2025, Sheraa hosted the eighth Sharjah Entrepreneurship Festival (SEF), welcoming 14,000+ attendees, and 300+ global leaders and speakers from 45+ countries. SEF 2025 spotlighted creative innovation through immersive zones spanning 10 zones and five main stages, reinforcing Sharjah’s creative economy.

Edtech
Edtech

EdTech is one of Sheraa’s four CoEs, reflecting its commitment to transforming education through innovation. In October 2024, Sheraa showcased the sector’s growing impact by featuring EdTech startups at Expand North Star. In February, SEF 2025 hosted 150+ startups in its Startup Town Zone. On the Founders Stage, top entrepreneurs explored emerging technologies, scaling strategies, and the future of digital learning. Building on this momentum, ASC 2025 will spotlight EdTech, inviting global innovators to shape the future of education.

Reasons to Move Your Startup to Sharjah

Skilled Talent

Sheraa connects startups with top talent through career fairs and talent-matching initiatives in University City while collaborating with universities to embed entrepreneurship into the curriculum. Sharjah's $1.5 billion annual investment in education highlights its commitment to building a skilled workforce, ensuring a steady flow of talent for the startup ecosystem. 

Growing Economy

With 33 industrial zones supporting over 72,000 licensed businesses, Sharjah's strong economy and investor-friendly policies make it a prime destination for foreign investment. Its strategic location, featuring seaports on both the Persian Gulf and the Gulf of Oman, along with connectivity through Sharjah International Airport and the upcoming Etihad Rail, positions it as a rising global trade hub.

Dedicated Support & Innovative Models

Sharjah’s ecosystem supports entrepreneurs through Sheraa’s founder-first initiatives, such as Startup Dojo, an ideation-stage program that nurtures youth-led ventures through early validation and skill-building, and S3, a tailored incubator designed to support startups through their scaling phase. In 2024, Sheikha Bodour Al Qasimi launched the MCM Student-Run Agency at AUS, an initiative that offers students practical, hands-on experience in advertising, public relations, marketing, and communications to support startups.

Selected Startup Organizations

Startup Genome Members

MEMBER

The Sharjah Entrepreneurship Center (Sheraa) is a government-supported entity launched in 2016 with a mandate to build the entrepreneurial ecosystem in Sharjah and support entrepreneurs as they build and grow innovative startups that will contribute positively to the region’s economy. Sheraa also has a strong focus on empowering the next generation of changemakers through talent and capacity building programs at university hubs. It hosts the annual Sharjah Entrepreneurship Festival, which attracted over 44,000 attendees over eight years. Its offerings support the full spectrum of entrepreneurship, from motivating youth to scaling startups, driving Sharjah’s vision of being a world-class entrepreneurship hub.

Work with us

If you are interested in working with us to drive global attention to your ecosystem, please get in touch with Marina Krizman, Director of Business Development.

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