Dubai companions with Plug and Play to launch accelerator for startups 

Dubai has unveiled a flagship three-month accelerator programme in partnership with international innovation chief Plug and Play, designed to propel formidable post-revenue startups into their subsequent stage of development.

Launched by the Dubai Division of Financial system and Tourism (DET) and the Chamber of Digital Financial system, the initiative is now open for functions and embeds high-potential startups immediately into Dubai’s company innovation ecosystem.

Contributors will achieve entry to top-tier corporates, professional mentors, traders, and market alternatives throughout the area.

Plug and Play assist Dubai startups

The inaugural cohort will deal with commerce and logistics; connectivity and digital options; and fintech — three precedence sectors driving financial diversification and digital transformation below the Financial Agenda, D33, which goals to double the emirate’s financial system by 2033.

Strategic companions DHL, du and Visa will work alongside chosen startups, creating alternatives for pilots, partnerships, and business success.

The programme additionally presents mentorship in product improvement, finance, gross sales, and advertising, in addition to investor publicity and one-to-one assist for fundraising.

Hadi Badri, CEO of the Dubai Financial Improvement Company (DEDC), mentioned: “The launch of this new accelerator, in partnership with Plug and Play, is a testomony to visionary management and marks a brand new chapter in Dubai’s innovation journey.

“We’re calling on daring, modern founders to use now, as this programme is designed to attach entrepreneurs immediately with main corporates, professional mentors, and traders – all inside one collaborative setting. It’s an unrivalled alternative to innovate, develop, and achieve Dubai.”

Saeed Al Gergawi, Vice President of the Chamber of Digital Financial system, mentioned: “This accelerator displays Dubai’s dedication to steer the following wave of financial transformation by connecting modern entrepreneurs with actual business alternatives.

“Our objective is to make sure that promising startups are empowered to create lasting influence in sectors important to the emirate’s future development.”

Plug and Play’s Founder and CEO, Saeed Amidi, mentioned: “We’re proud to accomplice with the Dubai Division of Financial system and Tourism and the Dubai Chamber of Digital Financial system, connecting main firms with modern applied sciences.

“With this new partnership, we’re constructing a world-class programme the place entrepreneurs achieve business entry, mentorship, and funding alternatives to scale.”

A cornerstone of the D33 Agenda, the accelerator helps town’s ambition to create 30 unicorns and transition 400 SMEs into massive companies by 2033, reinforcing the emirate’s position as a world hub for innovation, enterprise, and funding.

Purposes at the moment are open to startups from the UAE and around the globe, providing founders the possibility to develop into a part of the emirate’s dynamic innovation ecosystem.