District 2020, the legacy site of Expo 2020 Dubai, will welcome 85 start-ups and small businesses when it opens to its first business tenants in the fourth quarter of this year, following the conclusion of the mega trade show on March 31.
The start-ups are being accepted as part of District 2020's global entrepreneurship programme, Scale2Dubai, according to a statement issued on Thursday. After the event, up to 80% of the structures on the 4.38-square-kilometer Expo 2020 Dubai site will be reworked to create a mixed-use development and a hub for global tech innovation. Government institutions, Fortune 500 companies, and venture capital firms, among others, will call it home. Under its economic diversification strategy, the UAE, the Arab world's second-largest economy, has taken a number of steps to encourage entrepreneurship and boost innovation.