GEC NEWS WIREItaly returns to Expand North Star 2024, the largest startup event on the planet, where entrepreneurs, innovators and award-winning startups are brought together in the global tech and trade hub of Dubai by GITEX GLOBAL, the biggest tech show in the world. Italy has experienced a remarkable surge in startups with over 13,300 registered as of 2023, many in the realm of innovation and advanced technological solutions.
With the support of the Italian Trade Agency, 24 unique and ambitious companies dedicated to innovation excellence are hosted at the Italian Pavilion, located in Hall8 Stand number H8-B140, until 16th October at Dubai Harbour. Their presence confirms Italy’s commitment to fostering global partnerships and driving forward-thinking collaborations with the UAE and wider Middle East.
As part of Italy’s commitment, Sustainability is SustainabITALY, support for tech innovators and startups is a key component of the country’s transformation to becoming greener and ecological across various sectors. Italy’s National Recovery and Resilience Plan focuses on two critical pillars: the green transition and digital transformation. Over €18 billion has been allocated to boost R&D, innovation, investments and startups. To facilitate these transitions, a further €62 billion have been earmarked for smart mobility programs, and infrastructure.
As a result, Italy has seen a surge in innovative startups in 2023, with 77.3% of these businesses offering a range of services such as software production, IT consultancy, R&D; followed by 14,5% operating in the manufacturing industry and 3% in the commerce field.
Valerio Soldani, Italian Trade Commissioner to the UAE and Oman said, “Italy’s commitment to tech advancements and innovation underscores its commitment to supporting Dubai as it rapidly becomes a global hub for the development of advanced technologies.
