Sharjah Research, Technology and Innovation Park (SPARK) has reported more than 7,500 licensing transactions in January and February, reflecting strong demand from innovation‑driven companies and reinforcing its position as one of the region’s leading hubs for technology– and research-focused enterprises. The transactions include new company formations and renewals, signalling continued momentum in Sharjah’s growing innovation economy.
Hussain Al Mahmoudi, CEO of SPARK, said the results underscore the strength and resilience of Sharjah’s innovation ecosystem. “These indicators reflect our commitment to driving growth, empowering businesses, and expanding global partnerships. Our focus remains on translating innovation into tangible economic value that supports sustainable development,” he noted.
Al Mahmoudi added that SPARK continues to build an integrated environment for entrepreneurs and innovators by offering advanced infrastructure, prototyping facilities, and growth pathways that strengthen Sharjah and the UAE’s standing as global hubs for advanced technologies.
The strong start to 2026 follows a milestone year in 2025, during which SPARK established more than 30 partnerships with local and international organisations, including Emirates Health Services, the European Union ecosystem, and the International Association of Science Parks. A major achievement was the launch of BASE39, a dedicated zone supporting emerging creative talent and enabling the development of design-led and artistic ventures.
As part of its global expansion strategy, SPARK is deepening collaboration with representative offices in key markets such as China and India to attract high‑potential technology companies seeking entry into the UAE and wider Middle East.
SPARK also partnered with the Sharjah Entrepreneurship Center (Sheraa) to launch a startup package during the Sharjah Entrepreneurship Festival 2026, enabling the establishment of 130 startups. New all‑inclusive licensing packages have been introduced to further enhance ease of doing business for entrepreneurs and SMEs.
Recently, SPARK has attracted more than 15 technology startups across priority sectors, contributing to initiatives in robotics, waste‑to‑energy, and advanced architectural technologies. Its 2026 strategy focuses on accelerating technology commercialisation, expanding government partnerships, and strengthening international collaboration.
