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  2. Hub71, Google partner to bolster startup growth in UAE

Hub71, Google partner to bolster startup growth in UAE

GHADA.ISMAIL
Dec 8, 2024
The partnership solidifies Abu Dhabi's position as a global hub for technology and innovation

Dubai – Sharikat Mubasher: Hub71, Abu Dhabi's global tech ecosystem, entered a strategic partnership with Google to accelerate startup growth in the UAE.

This collaboration brings Google's renowned 'Google for Startups' program to Abu Dhabi, offering Hub71 startups exclusive opportunities to enhance their growth trajectory, according to a recent press release.

The partnership solidifies Abu Dhabi's position as a global hub for technology and innovation, fostering significant opportunities for startups both in the UAE and on the international stage.

At the signing ceremony, which included representatives from the Abu Dhabi Department of Economic Development, Mubadala Investment Company, Google, and Hub71, key initiatives were unveiled. Starting in 2025, Google will launch a dedicated accelerator program tailored to Hub71’s ecosystem.

This three-month program will focus on scalable growth strategies and business model optimization for 25 high-potential startups. Furthermore, all Hub71 startups will gain access to Google Cloud credits, with top performers receiving up to $300,000—the highest tier available globally.

Additionally, Google will provide customized playbooks to guide early-stage ventures within Hub71's network. Hub71 startups will also benefit from access to Google's extensive mentor network, connecting them with global industry leaders and experts.

 The partnership extends further, with Google facilitating introductions to its investment divisions and Alphabet, opening doors to funding opportunities focused on innovation and technological transformation.

Ahmed Jasim Al Zaabi, Chairman of Hub71, said: "Hub71's partnership with Google reinforces Abu Dhabi's commitment to becoming a global technology leader. By leveraging the expertise of distinguished international tech giants, we are not only accelerating our economic transformation but also empowering entrepreneurs and startups with the tools and global opportunities needed to thrive in a competitive digital economy. This collaboration reflects our commitment to fostering a vibrant, future-ready ecosystem that drives sustainable growth and positions Abu Dhabi at the forefront of global technological advancement."

Anthony Nakache, Managing Director for Google in MENA, commented: "This partnership with Hub71 to bring the 'Google for Startups' accelerator program to Abu Dhabi reflects Google's commitment to empowering the UAE's startups with growth, resources, and access to a global network of Google experts. We will also help them contribute to the growing digital business landscape in the UAE and the region."

As part of the partnership, Google will facilitate exchange meetings with Hub71 on themes such as web3, sustainability, and AI. By creating forums for knowledge exchange and ideation, Hub71 and Google aim to address emerging market needs while encouraging sustainable growth practices. This collaboration will offer founders a distinctive program to access resources and expertise within Abu Dhabi's global tech ecosystem.

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