Abu Dhabi’s Hub71 named Masdar City’s official startup ecosystem partner

Abu Dhabi’s Hub71 named Masdar City’s official startup ecosystem partner

Masdar City and Hub71 will promote opportunities for clean tech and climate tech startups focused on sustainability. This development follows the signing of an MoU at Abu Dhabi Sustainability Week by virtue of which the entities will identify opportunities to collaborate in areas including mobility, food, health, and climate action. The MoU also named Hub71 as the freezone’s official startup ecosystem partner. Ahmed Baghoum, the acting CEO of Masdar City. “As one of the world’s most sustainable cities and a hub for innovation, research, and development, we share Hub71’s vision for providing startups with an ideal environment to scale technologies that will have a sustainable impact globally. Together, we will work toward the UAE’s mission to achieve net zero.” Hub71 startups will also benefit from The Catalyst, the region’s first startup accelerator focused on sustainability and clean tech, which is jointly owned by Masdar City and bp. The Catalyst and Hub71 will work together to develop a sector-focused accelerator programmw to enhance the benefits available to climate tech startups, including finance. Read: “The joint effort from all three entities will provide startups a platform to scale their cleantech innovation, provide access to shareholder networks, and prepare them to showcase their