10X Technology
What’s Fueling SPARK’s Rapid Growth in 2026?
In the first few months of 2026, Sharjah Research, Technology and Innovation Park (SPARK) has quietly continued its steady growth, reflecting how the emirate’s business ecosystem is holding up despite ongoing geopolitical uncertainties in the region.
Between January and February alone, the park recorded over 1,200 licensing transactions. This included both new company setups and renewals - an indicator that not only are new businesses entering the ecosystem, but existing ones are choosing to stay and grow within it. For SMEs and startups, this kind of consistency often signals a reliable environment to build in.
According to Hussain Al Mahmoudi, these numbers are less about short-term wins and more about long-term direction. He points to the strength of Sharjah’s innovation ecosystem and SPARK’s role in helping businesses move from ideas to real economic value. The focus, he suggests, remains on practical outcomes - supporting entrepreneurs with the infrastructure and tools they actually need to scale.
That support is visible in how SPARK has been building its ecosystem. Over time, it has grown to include more than 7,500 companies, ranging from early-stage startups to established global tech firms. This mix creates a space where smaller businesses can operate alongside larger players, often benefiting from shared networks and resources.
A notable addition to this ecosystem is BASE39, a dedicated zone aimed at creative industries. It’s designed for founders working in design-led and artistic ventures - an area that’s increasingly overlapping with technology and innovation.
Partnerships have also played a role in SPARK’s recent growth. In 2025, the park collaborated with over 30 local and international entities, including Emirates Health Services, the European Union ecosystem, and the International Association of Science Parks. These collaborations are part of a broader strategy to connect local businesses with global opportunities.
At the same time, SPARK has been looking beyond the UAE. With representative offices in countries like China and India, the aim is to attract international companies that are exploring expansion into the Middle East. For SMEs, this kind of cross-border connectivity can open up access to new markets and partnerships.
Closer to home, SPARK has also been working on improving accessibility for startups. In collaboration with Sharjah Entrepreneurship Center, it introduced a startup package during Sharjah Entrepreneurship Festival 2026. This initiative supported the launch of 130 startups, giving early-stage founders a more structured entry point into the ecosystem.
Another area of focus has been simplifying the process of setting up and operating a business. New all-inclusive licensing packages have been introduced, particularly aimed at SMEs and entrepreneurs who are looking for a more straightforward way to establish their presence in the UAE.
On the innovation side, SPARK has recently brought in over 15 startups working in areas like robotics, waste-to-energy, and tech-driven architecture. These sectors reflect a broader shift toward practical, application-based innovation - where technology is closely tied to real-world challenges.
Looking ahead, SPARK’s strategy for 2026 is centered on strengthening its position as a research and innovation hub. This includes expanding partnerships with government entities, launching specialised programs, and scaling up facilities like the Sharjah Open Innovation Lab, which focuses on prototyping and advanced manufacturing.
The direction is clear but measured. SPARK is focusing on four key areas: sustainability, digital technologies (including AI and data), healthcare, and advanced manufacturing. For SMEs operating in or entering these sectors, the park is positioning itself as a place where ideas can move a step closer to execution - without unnecessary complexity.