Dubai Technology Entrepreneur Campus (Dtec), the largest coworking space in the Middle East, wholly owned by Dubai Silicon Oasis Authority (DSOA), signed a non-exclusive, one-year strategic partnership agreement with Sage, the market leader in cloud business management solutions.

Hans Christensen, Vice President at Dtec, and Viresh Harduth, VP New Customer Acquisitions (Start-up & Small Business) for Africa & Middle East at Sage, signed the memorandum of understanding, under the terms of which Sage will be listed as a recommended service provider to Dtec’s startup community. Sage will also be listed as a strategic partner on the incubation center’s website and will sponsor Dtec events such as the quarterly TechForum series, monthly entrepreneur workshops, and other meet-ups.

Speaking on the partnership, Hans Christensen, said: “DSOA is keen to forge agreements with leading international institutions to support the growth and development of local start-ups. Well-integrated accounting, payroll, payment, and customer relationship management systems are key to streamlining functions and operating an efficient business, regardless of its size.”

Hans added: “Ensuring the appropriate technology is in place at an early stage will spare entrepreneurs the hassle and potential loss of having to rectify the process later. Servicing 23 countries across a span of 35 years, we are confident Sage will leverage its deep knowledge of global trends to boost business productivity for entrepreneurs at Dtec.”

Viresh Harduth said: “It is an honour to join hands with Dubai Technology Entrepreneur Centre as a strategic partner. Dtec and DSOA have been champions of an enabling ecosystem for entrepreneurs and tech startups in the UAE. Through this partnership, we aim to make Sage Business Cloud Accounting more accessible to the Dtec community – in turn, helping them to manage their finances more professionally, automate administrative processes, and drive better business performance with VAT compliant software.”

A wholly owned entity of the government of Dubai, DSO operates as a free zone technology park for large enterprises as well as medium and small companies looking to set up their offices in Dubai.

Sage Business Cloud Accounting is an online accounting software for small, growing businesses who want to manage their business finances more professionally. Sage Business Cloud Accounting is accredited by the UAE Federal Tax Authority (FTA) and is fully compliant with value added tax (VAT).