HomeTechnology & InnovationUAE’s Hub71 continues mission to empower tech startups
By Economy Middle East
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July 20, 2022 8:44 am

UAE’s Hub71 continues mission to empower tech startups

Company launches second edition of ‘The Outliers’ for startups
Hub71
Hub71

Hub71, Abu Dhabi’s tech ecosystem, has launched the second edition of The Outliers Program, bringing together leading corporate and government partners including Aldar, the Department of Culture and Tourism – Abu Dhabi (DCT), and the Department of Health – Abu Dhabi (DoH), and Thales to present business and operational challenges for tech startups to solve. 

The Outliers is Hub71’s annual program designed for tech startups worldwide to solve real challenges set by participating organizations in the public and private sectors.

Additionally, the Outliers facilitates startup collaboration with major corporations and government departments across Abu Dhabi’s diversified economy, offering founders the ability to respond with technology-led approaches that address their challenges

Startups will have the opportunity to customize their product to support the organization’s business objectives, develop commercial deals, and gain up to 100,000 dirhams in value to fund the development of their proof of concept (POC).

The second edition of The Outliers features seven challenges from five leading organizations, including Aldar, DCT, DoH, and Thales. For the first time, a dedicated category has been created for unicorns to take part in The Outliers program, with Cars24, an e-commerce platform for used vehicles valued at $1.84 billion joining this edition.

Through its participation, Cars24 will be supporting Hub71’s innovation ecosystem and helping startups succeed.

By participating in The Outliers, corporates and government entities are able to accelerate their corporate innovation efforts by capitalizing on cutting-edge technologies and impactful digital solutions, in turn accelerating their digital transformation.

This year’s challenges seek to harness next-generation technologies including Web3 to help these organizations gain a competitive advantage and future-proof their operations.